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2050: China #1 economy, India #2, US #3
economictimes.indiatimes.com ^
| 3-14-06
| PRABHAKAR SINHA
Posted on 03/15/2006 7:56:30 AM PST by soccer_maniac
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To: soccer_maniac
As Mark Steyn so well put it, "China will grow old before it grows rich".
2
posted on
03/15/2006 7:57:45 AM PST
by
Patrick1
To: Patrick1
I've heard this before but it was Japan last time.
To: conservative physics
4
posted on
03/15/2006 8:00:07 AM PST
by
Patrick1
To: conservative physics
and Germany before that. Hey, they also said communism would work and Gore would win in 2000 and kerry in 2004.
I don't put a lot of stock in this . . .
5
posted on
03/15/2006 8:00:13 AM PST
by
Big Guy and Rusty 99
(Liberals are the feces that is produced when shame eats too much stupidity!)
To: soccer_maniac
in terms of purchasing power parity (PPP)This is a stupid way to compare economies. A dollar is a dollar is a dollar, it doesn't adjust if an egg costs 1 cent or $100.
6
posted on
03/15/2006 8:00:39 AM PST
by
oldleft
To: soccer_maniac
...and we'll have flying cars.
7
posted on
03/15/2006 8:00:44 AM PST
by
SIDENET
(Gonna shake it, gonna break it, let's forget it better still)
To: soccer_maniac
Europe hasn't managed much growth - not even 1.5% - for a while now. What will change to get them above where they are now - ditching their socialist states ? No chance of that happening.
8
posted on
03/15/2006 8:03:03 AM PST
by
cinives
(On some planets what I do is considered normal.)
To: soccer_maniac
I can remember when Japan (aka "Japan, Inc.") was going to take over the world. What happened?
9
posted on
03/15/2006 8:04:11 AM PST
by
Cowboy Bob
(A Liberal by any other name is still a Hypocrite)
To: soccer_maniac
In my opinion, the number one economy in the world will still be the USA in 2050 for one very good reason: we have the best goods transportation infrastructure of any country on Earth, period, thanks to our extensive railroad network and the Interstate Highway System.
China and India may grow economically, but having to support 1.3 billion Chinese and 1.1 billion Indians (and growing!) may bog down their economic growth in the longer run.
To: soccer_maniac; All
Same crap I have heard in 80's..
11
posted on
03/15/2006 8:06:12 AM PST
by
KevinDavis
(http://www.cafepress.com/spacefuture)
To: conservative physics
"I've heard this before but it was Japan last time."
Good point.
On the other hand, Japan only has about half our population and a neutered military. China has about 4x our population, a nuclear armed military, and generates 3x-more the number of "value creators" (scientists and engineers) for its economy than we do.....I guess we can always sue them.
12
posted on
03/15/2006 8:06:51 AM PST
by
indthkr
To: RayChuang88
Interesting thoughts. What about Australia?
13
posted on
03/15/2006 8:07:37 AM PST
by
Looper
To: soccer_maniac
france growing at 2.2% automatically proves this report meaningless. their population is growing older and birth rates are dropping below the replacement levels. unless this changes, france and any other similar country is doomed.
To: soccer_maniac
The US growth rate will be almost identical to the UK and France for this entire period of time. Right.
15
posted on
03/15/2006 8:08:24 AM PST
by
jjw
To: oldleft
16
posted on
03/15/2006 8:08:55 AM PST
by
Humvee
(Beliefs are more powerful than facts - Paulus Atreides)
To: soccer_maniac
2050?
Armaggedon will have come and gone by then ... especially if the dems get their idiot in the White House in 2008.
17
posted on
03/15/2006 8:08:59 AM PST
by
softwarecreator
(Facts are to liberals as holy water is to vampires.)
To: soccer_maniac
China is an empire. In 20 years, it is not going to exist in the same way that it does today. It'll breakup just like the Soviet empire did.
To: soccer_maniac
China #1 economy, India #2, US #3
Yea but they'll just be lowly manufacturers of products to sell to the rest of the world, we're all going to be rich CEO's.
19
posted on
03/15/2006 8:11:10 AM PST
by
lewislynn
(Fairtax = lies, hope, wishful thinking, conjecture and lies. (no it's not a mistake)
To: soccer_maniac
Yeah, but Maniac; the USMNT will have won a couple of World Cups by then; thanks to the leadership of Sunil Gulati.
20
posted on
03/15/2006 8:11:17 AM PST
by
Utahrd
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