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By Zac (anonymous) | Posted May 02, 2007 at 14:02:09
"Chindia" can and will be a superpower in effect after the U.S. loses it's hegemony because of the financial effects of peak oil.
Once the U.S. dollar loses dominance, there will be less trade with the U.S. but the producing capacity will still be there. They will still sell goods to the rest of the world. As the new economomy of less energy intensive lifestyle emerges there will still be a demand for electronics and other goods even though they will probably become more expensive.
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