Bingo! That's why both US and China will have a hard time.

LZ made a good point on the analysis of US but failed to realize that natural resources set a cap for the potential of economic growth of China. As a matter of fact, US has to outsource what the Americans used to do to the 3rd world countrie for the same reason. Without the big desire of consumption from the US, China's export will be severely reduced which in ture will low China's GDP and employment.