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Yes, but China is developing. It's like investing in Microsoft in the 80s compared to investing in Microsoft. . .now.
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“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!" -
There is no reason to expect China's rate of growth to stay as high as it is. The article correctly mentions Japan as once being in China's place. But it went through a decade of stagnation after its boom and now is in no position to overtake the USA.If there is no sound in space, how come you can hear the lasers?
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Yes, people have been predicting China's fall for the last 20 years yet it is still going strong. China actually benefited from the GFC allowing it to advance ahead of schedule. In fact, on nearly every metric China has advanced ahead of schedule, crisis or not. And yes, its rate of growth will not remain this high forever. But this slow down is what the government wants.
Then there's the fact that in many aspect China has surpassed the US. Shanghai is already a far cleaner and more modern city than New York. China is set to become the leader in sustainable technology, while the US languishes trying to salvage obsolete markets. China's airports are more advanced, its rail system faster and more efficient. Healthy food is plentiful and cheap.
The US is currently stagnating in partisan politics and financial disaster (even GS has been digging its tentacles deeper into China).“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"Comment
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Yes, what he said.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"Comment
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Japan's population was never more than roughly a third of that of the US. Therefore it was never in a place to "overtake" you. However, make no mistake, in 50 years China and possibly India will dwarf us all... but not in GDP / capita. SO you don't have to worry...Originally posted by Hauldren Collider View Post
"Ceterum censeo Ben esse expellendum."Comment
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I was hoping this thread would be about the record number of people on the government dole and Obama pushing to increase the number.I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator RubioComment
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Two decades ago they were making less than 1/76th of what Americans were making per capita...Originally posted by Hauldren Collider View PostComment
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The homosexual underworld called -they want their thread back. Social engineering is always toxic. In fact, Rand Paul's campaign chest was gobbled up by the teacher's union to be used on liberal candidates. 9-11 changed everything. Never forget those brave soldiers of fortune unless you're betting on the Soros/Obama hand puppets should taking closer look at the Bill of Rights. Israel must exist, a theme Ann Coulter explored nicely in her bestseller "The Prisoner of Azkaban."RoboCon v2.1.1Comment
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Can someone explain RoboCon to me? I assume it's somebody's DL.If there is no sound in space, how come you can hear the lasers?
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I don't know who he is either. Looks like a random spammer sort of thing but with a conservative agenda. Clever style but it'll get old quick."Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
"I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben KenobiComment
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Oh dear. Shameful. Your usefulness to me is at an end, gentlemen. I'll be seeing you; or, rather, my Glorious Revolution associates will be seeing you, through a scope."My nation is the world, and my religion is to do good." --Thomas Paine
"The subject of onanism is inexhaustable." --Sigmund FreudComment
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No, that would be the "Obama has done more to reduce unemployment than the entire private sector combined" or "DD is a hack dependent on op-eds" thread.Originally posted by DinoDoc View Post“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"Comment
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Robocon is a combination of all other DLs.Originally posted by Hauldren Collider View Post“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"Comment
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Originally posted by dannubis View Post
"Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
"I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben KenobiComment
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Originally posted by DaShi View Post
So he's increased our dependence on the government which means he's done more to help the economy than the private sector even though all his legislation is forcing them to freeze hiring.
Glad to hear you have such a good handle on the situation.If there is no sound in space, how come you can hear the lasers?
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