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US Empire Will Decline, China Will Rise Rapidly: Murrin - CNBC.com

Something to think about, at least from an economic perspective.  North America and Western Europe are struggling with economic and political trouble, while Asia's influence grows.


( 4 comments — Leave a comment )
Mar. 26th, 2010 02:10 am (UTC)
Asians save; Americans don't. And right now, "Red" China's economy is much closer to laissez-faire than ours, and far closer than most of Europe's. Our entitlement programs, already bankrupt (and with Obamacare added to the ugly mix) are pulling us down at an ever faster rate.

That said, the poor Chinese could be seriously victimized by holding ever more worthless US Treasury bonds. If they're smart, they'll stop purchasing them.
Apr. 6th, 2010 11:03 pm (UTC)
Learn Mandarin
I keep telling people that this is the next wave.
Apr. 10th, 2010 03:52 am (UTC)
Re: Learn Mandarin
I have thought about learning Mandarin. During the fall of 2007, I actually spent a little time at wikipedia on their Chinese language basics pages before I started interviewing at my current employer. Some people I know offered to practice with me. There is quite a lot of Mandarin spoken in my neighborhood.
Ilya Kipnis
Sep. 27th, 2010 03:30 am (UTC)
I call bull. Why? Because right now, China is in copycat mode. Furthermore, it has 5x the population of the USA, yet only half of its nominal GDP. In other words, its GDP per capita then, is about 1/10th of that of the average American, who doesn't exactly live an amazing lifestyle either.

In my opinion, this too shall pass, after we vote out all of the ideological clowns out of congress, and replace them with more level-headed people.

If I had my way, the only people that'd be allowed to be congressmen would be those with at least a master's, and only an American citizen holding a PhD would be eligible for the white house. But that's just my own personal utopia--a government for, of, and by scientists.
( 4 comments — Leave a comment )