No it is not 20th century thinking, Mexico and some other countries in Latin America are becoming the workshop of the Americas. Once China firmly transforms int

No it is not 20th century thinking, Mexico and some other countries in Latin America are becoming the workshop of the Americas. Once China firmly transforms into middle income country, the global supply chain will look else where for cheaper labor. But with 3D printing and high automation many factory floors will return to US or will be closer to US than China. China has more basic problems, their coastal provinces are prosperous and their interior is not, and they have their own centrifugal forces. Long story short, you are overestimating america's problems and underestimating China's problems.