China Soon to Own the U.S. ?

Is China the new model set in front of us by the globalists to follow , should we all become slave workers like the Chinese working 10 hours of a salary of misery and sleeping in boxes , so that the bankers will make more profit from our labor ??? For over 30 years we've been slipping into the trap that China has set for us, or is it that we have set our own trap; we have been the authors of our own demise? The trade issue is a complicated one, and yet in some ways it is simple, simple economics.If an American company is making a product that they sell worldwide, and a component of that product they can have made in China for a quarter the price that it can be made here in the U.S., then why would they not do that? If they do not, then they will not be able to compete in the world market. Unfortunately for us Obama seems to respect the Chinese system, and I fear that in due course our freedom will be nonexistent in 20 -30 yrs