Skip to comments.Think Again: Asia's Rise
Posted on 08/13/2009 3:53:01 PM PDT by BGHater
Don't believe the hype about the decline of America and the dawn of a new Asian age. It will be many decades before China, India, and the rest of the region take over the world, if they ever do.
"Power Is Shifting from West to East."
Not really. Dine on a steady diet of books like The New Asian Hemisphere: The Irresistible Shift of Global Power to the East or When China Rules the World, and it's easy to think that the future belongs to Asia. As one prominent herald of the region's rise put it, "We are entering a new era of world history: the end of Western domination and the arrival of the Asian century."
Sustained, rapid economic growth since World War ii has undeniably boosted the region's economic output and military capabilities. But it's a gross exaggeration to say that Asia will emerge as the world's predominant power player. At most, Asia's rise will lead to the arrival of a multi-polar world, not another unipolar one.
Asia is nowhere near closing its economic and military gap with the West. The region produces roughly 30 percent of global economic output, but because of its huge population, its per capita gdp is only $5,800, compared with $48,000 in the United States. Asian countries are furiously upgrading their militaries, but their combined military spending in 2008 was still only a third that of the United States. Even at current torrid rates of growth, it will take the average Asian 77 years to reach the income of the average American. The Chinese need 47 years. For Indians, the figure is 123 years. And Asia's combined military budget won't equal that of the United States for 72 years.
(Excerpt) Read more at foreignpolicy.com ...
Quite right — only by 2050 would the two big nations of China and India bring the majority of their population out of poverty.
Have you ever avtually lived in SE Asia?
Less corrupt? BWAHAHAHAHAHAHAHAHA!
Corruption in SE Asia is a way of life. From the lowliest civil servant to the highest power in the land, they are ALL up for sale. The only thing distinguishing one from the other is price.
Of course, as with any rule there are exceptions but they are few and far between.
Spit in public on the grass, on the sidewalk, on a building and see what happens.
Chew gum in public and see what happens.
Yeh, you can walk down the sidewalk in the civilized portions of the city and not have to worry too much about being mugged but don't go outside certain areas or you may be toast, literally.
Must be terrible to have to live someplace where you can't spit on buildings, but I'd be willing to give that up for their much lower tax rates.
If you'd like to give up liberties for a lower tax rate then be my guest, immigrate.
Yes, I would be willing to give up spitting in public for lower taxes.
What else are you willing to give up for lower taxes.
We've now determined what is going on, we're just haggling over price now.
Since we have determined that you consider spitting to be a cherished freedom, do you also support shitting in public?
As long as no one else is harmed, sure.
Now that we have that question answered, would you like to answer my last question?
Look, I'm not going to bust your chops anymore than I already have.
If you would truly like to live with the rules that Singapore has in order to have a lower tax rate - then why don't you immigrate? Serious question.