onelife1

I'm still not sure how this will necessarily hurt the US. It's not like China is going to march troops over here just because they have a bigger army. In fact, maybe not being the biggest dog might mean that the US will no longer be pressured into expensive international conflicts where it has no business.

Not being the biggest economy probably doesn't matter either. It's not like all the other countries will say "Sorry US, we will only trade with the biggest economy, China. We are not going to trade with you because you are only second biggest in the world". In fact, having a huge buyer of iPods, Nike shoes and GM cars might even help in the future.

Other stuff, like the US fiscal deficit, has nothing to do with the ordinal ranking of economies by size.