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How long do you think it will be before China replaces the US as a superpower? |
This is not something I want, it just seems inevitable. Our dollar is getting weaker and weaker, thanks too the constant "monetizing" of our massive debt (which grows by $1 BILLION/day) among other things. Right now the Chinese yuan is tied to the US dollar, so right now, it is good for the Chinese to import the $3 pack of tube socks to Wal-mart...but what happens when they let that yuan float on it's own...they'll do it, but when? If they were to do that, then we are at their absolute mercy and they can charge us anything they want for those tube socks (or food, clothing, EVERYTHING) because we do not have the manufacturing capabilities to support our population...we've shipped all those jobs overseas and torn down the factories. What are we going to do then? And is anybody else worried about it besides me? not long, definately within the next generation. the US has been declining in power since the kennedy assasination, and the dollar is failing (almost $2=拢1 for the first time in a 1/4 of a century), the cheap labour and productivity means that it is making so much money while America is doing all those things you just said. the fall of the west is inevitable, while the far east and india, are taking over. luckily the US will probably be like todays Britain or France and have moderate market dominance, but also the middle east has the potential to rule the world, but they are to busy with religion and killing eachother, not to mention us, to do anything about it many moon? At the current expansion, China may take over in 15-20 years. Jack's Goose http://www.jacksgoose.com You are worried about many things,choose the good part There are many factors involved in what you just said. The GNP of China is far lower. Plus they have a large bureaucratic budget (remember they are a communist regime and therefore the state pays for much more than in a democratic society). Moreover, China has large expenditures for the military and are still behind in that technology. In short, they may be able to charge us for tube socks, but they still need raw materials (especially oil) from other countries. They are just growing as an industrial society. Its not something we should worry about. Its not like it will affect our daily lives. But globally, the u.s. has a huge amount of debt, and it will catch up - the question is when. But technologically we are far more Superior than them. They still have 3rd world states, and they're basic weaponry are AK-47's. Our military is far more capable than they will ever be. All we need to do is get a good president!!!! it will make all the difference regarding the debt. |
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