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 ...
Indians are hungry and ambitious, and their economy is based on gold, not computer farts. They recognize their problems, and are trying to deal with them (unlike Americans, who are worried about football).
I deal with Indians all the time, and they’re in the process of eating our lunch.
/the same 1%’ers who prey on us also feed off the Chinese.
“They kill all the girls. Demography is destiny.”
Yep, the ratio for teens twenty something’s is 80 girls per 100 boys. Obviously, the sons of the rich and well connected (communist party) will get the chicks. The poor which is the majority of the population will get the hand. I’m kinda proud of this one, lol :)
I will expand. All the US must do to be the preeminent power for decades to come is to allow its citizens to be free. Elsewhere it was posted that they have central planning by scientist, engineers,..etc. and we have central planning by lawyers. True enough but that only makes the case against central planning not having better central planners.
Everyone who wants tariffs, industrial policies, manufacturing subsidies, export controls, etc. is helping our bureaucrats engage in central planning.
Let us free our energy producers, lets unshackle our manufacturer’s, let us allow our people to be properly educated, let us quit taxing income and wealth into oblivion, and then let us worry about the flyspeck that would be Communist China.
“Actually, the percentage of total U.S. Treasury debt that China owns has declined significantly in recent years. Did you read the article?”
We have screwed up our economy so bad that the Chinese do not want our debt and the Mexicans will not come here for work. So now we just print money and give it to the Mexicans for free.
And we think China is a threat?
Our population is some 300 million -- theirs 1.2 billion. Nonetheless, the article may well be right. We had 125 years or so before the government began to seriously intervene in our economic lives.
The Chinese started out that way and it can only take them so far.
This propaganda about China surpassing the US is pure crap.
The ChiComm apes can’t even anneal a bolt or screw correctly. Their steel is crap. You can’t become a world power without understanding steel. The ancient Romans understood steel and forged the best steel swords for their legions. That’s one reason why they conquered their known world.
The Pakistani smittys living in the back hills with goats and cooking with coal or wood make better steel knives than the Chicomms.
The ChiComm drawer glides are made from cheap white metal. The bearing weight of the Chicomm drawerglides is 25 pounds. American drawerglides are rated at 75 to 125 pounds.
The ChiComm apes haven’t evolved sufficiently to overtake America. They don’t understand steel.
You are dealing with Indians, I take it, not with India. There are several hundred million Indians who are within the fold of modern India and who aspire to First World standards of life. Yet the country as a whole has profound structural problems that seem likely to persist and to impede development of the country as a whole for decades to come.
I agree. I used to work as a product development manager for a company that designed products and had them manufactured in China. Some of the steel we got from our Chinese sources was junk. In fact, we were so dissatisfied with one set of prototypes that we went out and found a U.S. manufacturer to private label for us. The quality of the steel was better, and the workmanship was excellent, because they used automated machines, not coolie labor. The amazing thing was that the cost from the U.S. manufacturer was lower than the Chinese.
Contrary to the butt kissing of Communist China by the Free Trader Commies....Communist China is still Communist....with Central government ...central planning....a politburo.....and a large government infrastructure
Outside of a few McDonalds and some tall buildings....its still Communist
Communism never works...even when Free Trader liberals suubsidises it
Thanks for voicing your experience. I’m just a schmuck operating from his backyard shop. I HATE! HATE! HATE! Chicomm steel. ChiComm bolt heads breaking off on engines drives me up the wall. Phillips screw slots rounding out because they can’t take a DeWalt cordless 9w drill torque makes me fantasize about murdering ChiComm apes.
That’s just me. Others may have a different experience.
Cheers, buddy.
What isn't in the article is that Asia is now preparing for World War III, to be hosted in Asia, sometime in the moderate future. People think China will never go into a war unless it is inevitable that they can win, but events might be outside of their control as to when it really starts. While China and Japan have a severe demographic problem now, it isn't going to get any better if the young generation gets wiped out in a war.
If we can stay out of it, and get our spending under control, we can inherit the Earth again, just like at the end of WWII.
Furthermore, their demographic problem will be enhanced by the urbanization they have been doing in the last 30 years. Cramming people into 30 story apartment building does nothing to encourage large families above replacement level to form. Now that the cities are built, they will have to live like that. I don't think they will be able to significantly increase their birthrate even if they wanted to.
Ah, I said “near-future.”
That has a technical meaning in the world of professional history. It implies fifty years, give-or-take.
In fifty years, neither China nor the United States will exist, in their present forms.
China's corrupt and brutal communist regime seems unlikely to go easily, and it may lead to a breakdown of China as a unified state, as has often happened in the past.
As to India, Pakistan's dysfunction and craziness offer a distinct risk of nuclear war, and the fundamental constraints of India's political and social system will keep hundreds of millions of its population mired in poverty -- a circumstance inconsistent with India becoming a fully developed nation.
Hate to say I told you so. There are a lot of Freepers who will refuse to believe this.
India has a lot of infrastructure problems. Also, their best and brightest move to another country.
You think China has undermined the dollar as the world currency? How do you justify that position. Only one country has seriously undermined the dollar as the world reserve currency, and it isn’t China.
bump
Well, there are a lot of lonely American women. I haven't seen any ads for Chinese mail-order husbands, but there is always a first time.
lol.
That would be interesting to see. Maybe China Air would offer free trips to single women?
Isn’t it Chinese-made steel that’s in the new San Francisco Bay Bridge? I’ve been reading news about how the bolts and braces are having problems. Doesn’t sound like it will hold up well in the next quake, or even a moderate breeze.
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