It all doesn't make any sense.
This shouldn't be the place to show desperate pride or fighting all the others. It shouldn't be black against white or USA against Asia. The whole game will only work out well when we are sticking together, at least on the basis of our work. And once you look beyond the borders of your country you will realize that things become quite the same everywhere. Just calm down.
There has always been a flow of pilots from places with less demand to places with higher demand. And these places change. Take a look to Thailand: They were quite happy with taking all the expat pilots to help them growing their airline industry. And once they had enough locals, all of the expats were sent home. Not very nice, but that's the game. For a time expats can earn a very good money - but you are the first one to go. It seems to be similar with other countries: There is a lack of local pilots, for example Korea (and I won't value this fact right here) and expats are paid quite well.
So don't blame the drowning economy of the western part of the world for the situation of the pilots' job market in Asia.