Posted on 05/08/2013 12:45:14 PM PDT by Parmenio
Doubts are growing about whether China can pass the US to become the world's biggest economy this century amid warnings that the country’s 30-year miracle is nearing exhaustion.
(Excerpt) Read more at telegraph.co.uk ...
Well, it won’t be because our government didn’t try.
The near-future belongs to India.
The Chicoms are probably even worse than us when it comes to spending and manipulating their markets. At least the United States isn’t building huge ghost cities just to claim they’re in a state of economic growth because they’re building so much.
“The near-future belongs to India.”
You do know that China sent a platoon of troops into Indian territory in/near the Himalayas, right? Situation described as “tense.”
I use products in Walmart to judge China’s economic growth and they appear to be doing quite well.
If we don’t grow some balls and put up some import tariffs, they will pass us going up while we are going down.
I use products in Walmart to judge China’s economic growth and they appear to be doing quite well.
If we don’t grow some balls and put up some import tariffs, they will pass us going up while we are going down.
In 20 years, half the people in China will be over 60. That can’t be good.
China is to busy trying to keep bears on bikes from eating monkeys.
If China proceeds as it has to undermine the dollar as the world reserve currency, and then refuses to buy our debt, the will shrink their economy, but they will devastate ours. It is just a matter of who is biggest by who takes the smaller hit.
They kill all the girls.
Demography is destiny.
And how many under 60 will be unmarried men?
IOW, there are 100,000,000 pissed-off Chinamen looking for something meaningful to do.
This is a very good article. It doesn’t have the irrational cheerleading that most of them do. There is some degree of trouble on the horizon for China.
As a smart guy said on CNBC a few years ago:
China has central planning by mathematicians, scientists, and engineers, and America has central planning by lawyers.
Neither is good, but by definition, they win.
Every couple of weeks there is an article how China is about to implode, China is bankrupt, China’s wages are rising and they won’t be the offshore threat they currently are, and now China is exhausted.
How much is China paying these reporters?
They are net importers of important foods like
grain.
Not gonna win.
Give hussein a third term and see what happens.
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