PIA

The Downside of Having International Exposure

Currencies and economies do 'correct' as markets work their 'invisible hand'. This article conveys this process quite well.

US population is 4.5% of the world population. The US produces 28% of world GDP. US Stock Market Capitalization is 40% of world stock market capitalization.

Yes the world will grow faster, and in Chindia's case it will grow much faster than the disproportinately larger-scaled US economy and stock market.

"notsosmart": Be careful to not miss understanding these perspectives before dismissing the US or forecasting its future demise.