To: canuck_conservative
"In the 21st Century, less than 5 years from now the Asian economies will exceed in size that of the United States. China's economy is expected to continue to grow at a blistering 10% or more per year until its economy surpasses ours sometime within the next two decades. Clearly, while the 20th century was the American century, the 21st Century belongs to Asia."
http://www.pangaea.net/ign/fjet0001.htm
"If, as expected, Chinas economy surpasses the US by 2015 and Indias reachesvthe size of Japans, it is almost inevitable that therewill be a change in the composition of the worlds top global companies."
http://www.deloitte.com/dtt/cda/doc/content/global_vim.pdf
This is America no longer top dog that Clinton spoke about. This is the path he created by giving China the technology and the backing of investors by the US government, to knock down our economy and bolster theirs.
To: hedgetrimmer
You missed the point of my post, so I'll try again.
The reason the US has been the world's leading power since WWII is because it is consistently the most technologically advanced. Sure, China may have a larger "economy" in future years, but so what? Lots of shirt factories and TV plants don't make your country a superpower, overwhelming military strength does. The US is the leader in that area, and China will never catch up. Ergo, the US will continue to be the world's major superpower.
China IS less creative than Western countries - when was the last time China produced an outstanding book, movie, technologicala breakthrough, or new intellectual concept? Not in the last 50 years, that's for sure. And I agree with Uncowed (#26) that at least part of the reason is the lack of personal freedom there.
BTW, China's continuous economic growth is not guaranteed. If they start sucking too many jobs from the US, or invade Taiwan, you can be sure the US business rug will be pulled out from underneath them!
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