Got this off the Drudge Report this morning. It's more writing on the wall, but it sets the context very well for what is coming. There's no need to fight it, so we'd better get used to embracing China as the world's next super power. Let's just hope it's a peaceful transition. Their rise is affecting manufacturing job markets the most right now. Software and IT services still hold an edge in experience because kids getting out of Chinese universities just haven't shipped software yet. This will change though. Right now most companies have a hard time getting the value out of overseas development houses that cost less. I suspect the US and Silicon Valley have maybe 15 to 20 years before anyone working in those markets can be easily outsourced to very reliable, highly experienced developers in China or India. So save up now, and start looking for property in less expensive regions where your VISA is valid, and the money you save now will go further, as income pressure for American IT workers will force real wages lower.