Posted on 12/28/2021 9:18:59 AM PST by blam
I expect the most any can do is slow or stall China......they are determined to carry out their agenda regardless of time and tide. China has great patience when it comes to what they covet.
I remember similar things being asserted about Japan back in the 1980s, and talk that we’d all have to learn Japanese.
If the US continues on the current trajectory, there may be more than one economy that surpasses ours, but trajectories do change. And places like China need a foreign consumer base to buy their products. Consumers from which countries would pick up the slack? India? Brazil? The nations of Europe?
I’m trying to remember a long term “expert” prediction that ever came true.
China has 5x more people give or take a bit. The US is the only large country with a high GDP per capita. The other large countries, India, China, Indonesia, Brazil and Russia not so much.
80% of Chinese pretty much live as they did 100 years ago.
China overtaking the U.S. economically, is not dependent upon what China does, although it’s a big factor. China could easily overtake the U.S. economically by the U.S. going full-bore with socialism or communism, which is the direction we’re headed in under democrats. Heck, even under republican government, socialism is still on the rise in the U.S., so, eventually China will surpass the U.S., but will take longer without full-blown socialism.
They also ‘export’ their people all over the world.....literally.
Yup...Japanese kanban and JIT...I remember at Intel...
“I remember similar things being asserted about Japan back in the 1980s, and talk that we’d all have to learn Japanese.”
The US never shut down and moved 70,000 factories to Japan.
I do not take the threat of china lightly
At some point China’s growth will level off.
If it does so at the same level as Japan’s, China will have a economy somewhere around 5x than of the USA and would become the global hegemon.
Levelling off now thanks to the weaknesses of socialism is what we should pray for. That would ensure the primacy of the west for another century.
18.7% of China's population is age 60 or older. That, combined with them having a shortage of about 20 million women makes them an aging population with no children or immigrants replacing them.
Demographics is destiny.
They already lead the world in completely empty high rise buildings.
.
Current policies are enriching China.
Communist China was never going to overtake America. It’s always been a lie. They will collapse under their own despotism as all tyrannical regimes do.
By another measure China has ALREADY passed us.
Already.
About two months ago.
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