Guys, What sectors would you say that the US is still the undisputed leader in? Military and defense comes to mind for example. But we have shed leadership in so many industries that it's becoming a shorter and shorter list at this point. Where are we still king for the foreseeable future?
Technology Pharma Raw materials Entertainment US. Exports to all countries http://www.census.gov/foreign-trade/statistics/product/enduse/exports/index.html
Credit Cards. Nobody does it better. Oh, and reverse mortgages, now. Seniors that got wiped out in equity markets and lost equity in their homes are big into the reverse mortgage scam.