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I sort of figured this was coming a few years back when China was booming and a lot of companies begun shifting their operation to China and India were labour were cheaper and lack of labor union to control them.
With jobs opportunity moving overseas and huge trade deficit between US and China, it was only a matter of time before the economy start going tits up.
Though one of my American friend told me the deppresion that was brewing long before that but was staved off when Alan Greenspan slashed interest rate in the US and let the banks go wild with their lendings.
Either way, I wish all the guys/girls here in America all the best.
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