When I was 11 years old (I was in 8th grade at the time), I saw very clearly that the US was going to become more socialist and that Russia and China were going to become more capitalist. I was so clear about it that I insisted that I go to a high school where I could learn Russian or Chinese. (This was NOT part of my family conversation -- my parents were very surprised by my request, though when I explained it, they seemed to understand.)
My parents found me a boarding school where I could learn Russian. Funny thing, the first year I took Russian was the year that the Russian grain harvests failed disastrously, and the US first sold wheat to the USSR. I remember boarding a Russian ship, which was loading wheat into its hold from a grain elevator at the port of Albany (NY), as a field trip.
Anyway, here it is, about 40 years later, and it turns out I was right. Obviously Russia went more capitalist in the Gorbachev era, China is doing it now -- and we are nationalizing our banks. (And maybe the auto companies?) Here's Tom Friedman making the point:
Op-Ed Columnist - The Great Unraveling - NYTimes.com