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Jim Rogers also believes that the best days of the USA are behind it. I am paraphrasing: "In 1807 if you wanted to be in the center of the world's economy, you moved to London. In 1907, you moved to New York City. In 2007, you move to Asia."
I disagree. While the recovery will probably take much longer than any of the recessions the US has suffered since WW2, that's a far cry from saying that its glory days are over. The fact that the US still continues to attract the world's best and brightest and the US still continues to reward innovation and novel thinking almost guarantees that the best is still to come.
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