Last week, crowds camped overnight at the Boylston Street Apple Store, desperate to be first to get their hands on the newest iPhone. Someday in the not-too-near future, those same fanboys and girls will instead be waiting by their computers. Apple will, after much hype (something at which it is excellent), post the designs for its latest gadget. They’ll pay a fee, download the plans, and watch as their 3D printers quickly build their toy. When finished, they’ll pick it up and turn it on, along with millions of others who just did the same thing.
When that happens, the Chinese economy will collapse.