I bring you two Chanos videos, both well worth the watch. Believe it or not, he sees good things for the USA in 2011 relative to the rest of the world. I agree. But that doesn't mean the markets roar to all time highs, it just means that US on a whole fares better than others. And as always, Chanos holds a negative view of China in the nearer term.
Further, Chanos gives great reasons why people should not heavily invest in natural resources. So well worth a listen. Disturbs me, but I agree with a sharp pullback is likely before the march forward in resources resumes in my lifetime.