Arran wrote:
NewDawn wrote:
The US has important resources the world can't do without.
If the US loses most of its manufacturing base and prowess in science and engineering then what exactly does it have that the world can't do without?
Coal, copper, lead, molybdenum, phosphates, rare earth elements, uranium, bauxite, gold, iron (essential for steel manufacturing which indeed increasingly goes to China, but China hasn't got much iron and Europe is running out of it), mercury, nickel, potash, silver, tungsten, zinc, petroleum, natural gas, timber, to name but a few resources.
It may not sound like much, but these resources drive the world's economy. Not every country has those things in abundance as a natural resource. You'll dig in vain for copper, lead, uranium, bauxite (although we have Surinam for that), gold, silver or tungsten, and very little of the rest of it other than natural gas in my country.