US is on the way out (unfortunately) .. and China and Europe are on the way in. Its pretty obvious too.
Do you think in 20 years China will be more powerful than the United States ?
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Evidence once again of the dumbness of the average lefty....
Anyone who has studied economics can work out that China cannot sustain current growth into the extended future.
China's current GDP growth is merely an effect of China opening up some of its trade and modernising parts of its work force.
Population alone does not equate to power or development potential. 1 worker with 1 machine or 1 computer is 10 times more effective than 10 workers without any machines. The technological infrustructure and capability of America would take decades to develop in China.
In 20 years time or so oil will be more scarce than it is now, yet America will still have trillions of barrels in its reserve stockpiles. China will not.
I could go on and on but frankly im not getting paid to teach. Socialism does not work and it not only makes the rich poorer but it makes the poor poorer aswell.
And for all you tools out there that think that the democrats are responsible for the surpluses america received in the clinton era - go and study economics.
It was reagans tax cut implementations and economic policies that led to the economic growth during the clinton era, it takes years for economic benefits to sink in not months.
The current economic climate is as a result of clinton's poor economic management and his failure to properly track down terrorists and in particular bin laden.Comment
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RoflOriginally posted by Sausage
US is on the way out (unfortunately) .. and China and Europe are on the way in. Its pretty obvious too.
Talk about debt - the EU has yet to prove it isnt a complete disaster - Most of the large EU countries are running defecits that make the current US defecit look like a pin head percentage wise.
Rest assured that if bush's full tax cuts are implemented and rendered permanent, the american economy will be stronger than ever before in a couple of years.
Tax cuts are not tax cuts if theyre not permanent.Comment
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it already is
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Email: [email protected]Comment
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its gonna be a lot more than 20 years for oil to become scarceOriginally posted by mrskin
Evidence once again of the dumbness of the average lefty....
Anyone who has studied economics can work out that China cannot sustain current growth into the extended future.
China's current GDP growth is merely an effect of China opening up some of its trade and modernising parts of its work force.
Population alone does not equate to power or development potential. 1 worker with 1 machine or 1 computer is 10 times more effective than 10 workers without any machines. The technological infrustructure and capability of America would take decades to develop in China.
In 20 years time or so oil will be more scarce than it is now, yet America will still have trillions of barrels in its reserve stockpiles. China will not.
I could go on and on but frankly im not getting paid to teach. Socialism does not work and it not only makes the rich poorer but it makes the poor poorer aswell.
And for all you tools out there that think that the democrats are responsible for the surpluses america received in the clinton era - go and study economics.
It was reagans tax cut implementations and economic policies that led to the economic growth during the clinton era, it takes years for economic benefits to sink in not months.
The current economic climate is as a result of clinton's poor economic management and his failure to properly track down terrorists and in particular bin laden.;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)Comment
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Originally posted by mrskin
Evidence once again of the dumbness of the average lefty....
Anyone who has studied economics can work out that China cannot sustain current growth into the extended future.
China's current GDP growth is merely an effect of China opening up some of its trade and modernising parts of its work force.
Population alone does not equate to power or development potential. 1 worker with 1 machine or 1 computer is 10 times more effective than 10 workers without any machines. The technological infrustructure and capability of America would take decades to develop in China.
In 20 years time or so oil will be more scarce than it is now, yet America will still have trillions of barrels in its reserve stockpiles. China will not.
I could go on and on but frankly im not getting paid to teach. Socialism does not work and it not only makes the rich poorer but it makes the poor poorer aswell.
And for all you tools out there that think that the democrats are responsible for the surpluses america received in the clinton era - go and study economics.
It was reagans tax cut implementations and economic policies that led to the economic growth during the clinton era, it takes years for economic benefits to sink in not months.
The current economic climate is as a result of clinton's poor economic management and his failure to properly track down terrorists and in particular bin laden.
Well said. Its sad how little most demo anti-Bush fanatics understand about basic economics.(I don't like either candidate for the record.)
Sorry guys but China will eventually go the way of the Soviet Union. Same old shit just another century.icq: 320340263Comment
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I dont disagree with that but i was trying to illustrate a point - be it 20 or 50 or even 100 there are certain things that america has that china dosnt have and will never have.
Complete road and rail infrustructure;
a fully armed civilian population;
thousands of the best jet fighters;
thousands of nuclear weapons;
at least 20-30 delta submarines that cruise the oceans of the world, their location not known by anyone in the world other than the people on board the submarine all armed with about 20 nuclear warheads each;
10 operational or near operational air craft carriers - which has been up to 15 at one point;
thousands of the best tanks;
military training vis-a-vis their troops esp. special forces, delta, rangers, navy seals etc.
i mean to compile a list isnt even sensible.
Look at it this way - currentlly america spends a little of 50% of the total world expenditure on military & warfare and that represents about 2-4% of america's GDP. In wartime scenarios military expenditure can jump to 20% of GDP quite easily. In WW2 it jumped far beyond that. THat would equate to (at a 20% jump) america spending 5 times more than the rest of the whole world put together. to match that china would need to grow its economy by like 9 trillion +4%(x20) (like 20 trillion or something), in 20 years.Comment
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And for all you tools out there that think that the democrats are responsible for the surpluses america received in the clinton era - go and study economics.
It was reagans tax cut implementations and economic policies that led to the economic growth during the clinton era, it takes years for economic benefits to sink in not months.
The current economic climate is as a result of clinton's poor economic management and his failure to properly track down terrorists and in particular bin laden.
Bingo, but everyone is so up in clintons ass, its sick.
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No. The power of the United States in every category of what makes the world run and operate is too solidly entrenched into the systems of everything everywhere.
The only way the balance of power could shift would be either through a catastrophic natural event, such as a meteor hit, or a massive biological warfare terror event. Other than those two scenarios I can't see any country close to displacing us anytime soon.
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Hate to break it to you, but China is very different than the Soviet Union. China understands that they need the free market. Right now their problem is corruption and lack of human rights. Politically they may be communist right now, but every day they are moving a step away from it. It'll take some time, but eventually they'll figure out how much damage their gigantic state-funded projects damage their economy along with their stranglehold on free speech and human rights.Originally posted by beergood
Sorry guys but China will eventually go the way of the Soviet Union. Same old shit just another century.
As for economics, its not a science. Some people want to credit Reagan for the 90s boom, some want to credit Clinton, anyone considered the internet and computers?Comment


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