It seems to me, and from the answers above, that there is a levelling out or swing of wealth in most of the world . We in the West are seeing a lowering in our standaard of living, with worse to come, while eastern countries where labour is cheap are expanding, and people's living standards are on the up.
What, I wonder, will the world be like in 10-20 years time ?
A destitute GB where people will be grateful for a job 'tilling the soil' ? and former Chinese and Indian peasants driving Mercedes ?