Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
It seems to me that we spend lots of time arguing over things that are micro in the BIG picture. The BIG picture is this- the American Empire is history. We had our century in the sun just as the United Kingdom and the Roman Empire before us. Now it is over. The sun is setting on the west and rising on the east now. Next century belongs to the east. The FACT is we can gripe and vote until the end of time. Except for the rich, the rest of us are doomed to a lessor standard of life and will have to eventually accept this as fact. The USA will have to lower living standards to even have a possibility of competing in the global economic order.
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,766,887 times
Reputation: 3587
Quote:
Originally Posted by Neuling
Middle East, that was quite obvious...
No. Too stuck in the stone age religion wise for the most part. Dubai will continue to grow only because religion is less important there. Religion (any faith) tends to retard the growth of nations, not aid it. The least religious nations are usually the ones that are better off economically. Even within a nation, the least religious states are usually better off than the most religious states.
No. Too stuck in the stone age religion wise for the most part. Dubai will continue to grow only because religion is less important there. Religion (any faith) tends to retard the growth of nations, not aid it. The least religious nations are usually the ones that are better off economically. Even within a nation, the least religious states are usually better off than the most religious states.
Seems I really should have added a smiley, this one or this one maybe.
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,766,887 times
Reputation: 3587
Quote:
Originally Posted by Bostonian123
Why do people always assume the economy is zero sum?
America's economy will recover in a few years and resume growth.
If Asia grows, that doesn't mean the USA is dragged down.
I REPEAT THE ECONOMY IS NOT A ZERO SUM GAME.
We will resume growth but it will be a slow and tepid growth. Probably less than 1/2 that of place in the far east. America is an aging and mature nation (as is much of Europe). The young vibrant nations are in the east. That is where the opportunities will be in the future. We will just get old and watch the rest of the world pass us by.
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,766,887 times
Reputation: 3587
Quote:
Originally Posted by Quick Enough
I don't share your gloom and doom.
America is still the greatest country for personal opportunity in the world.
Don't know how old you are but, if you really wanted to succeed and become on of the wealthy, you can.
Do some research on people who have gone from rags to riches.
People in their sixties and seventies have gone on to great success.
It's all in your own hands.
Maybe years ago it was all in our hands- if ever. But neo capitalism means that you have far less control than you think you have. The global bankers, international corporations and The Fed have far more say over your fate than you think. They make all the decisions. The rest of us just live or die by what they decide.
Don't you think Britain was in denial about this very issue until it became de facto that the US was in charge.
Well..we'll be doing the same thing until it becomes de facto that another country is in charge.
IMO..it's looking more like China. China was able to squash Copenhagen and had the backing of other countries. The G7 has been expanded..China is now elevated.
Notice Geithner's frequent trips to China...a begger running to the man with the money looking for a handout. China has money, China exerts power and China is making investments in countries all over the world. Isn't that what the US did when we had money post WWII ?
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,766,887 times
Reputation: 3587
Quote:
Originally Posted by Spindle
China and India's rapid economic growth doesn't necessarily spell doom for the standard of living in America. The most significant aspect of Asia's growth is that the west will have lesser global political and economic influence. Also, keep in mind that many economists predict that neither China's nor India's economy will necessarily surpass that of the US, but likely level with it. Also keep in mind that China and India's rapid economic growth might not be sustained over the next few decades. Anything could happen.
I just don't see a great future for America. I am not predicting gloom and doom but I don't see clouds of joy either. The rest of the world is on our game- and whipping us at it. They are turning out more and more kids that are smarter and faster on the feet than we are. And those kids are not lining up to enter the USA anymore. They might come to college here- for now- but more and more they go home after they finish. The opportunities are there and not here. We are not building anything anymore. Not even really maintaining what we have.
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,766,887 times
Reputation: 3587
Quote:
Originally Posted by HappyTexan
Don't you think Britain was in denial about this very issue until it became de facto that the US was in charge.
Well..we'll be doing the same thing until it becomes de facto that another country is in charge.
IMO..it's looking more like China. China was able to squash Copenhagen and had the backing of other countries. The G7 has been expanded..China is now elevated.
Notice Geithner's frequent trips to China...a begger running to the man with the money looking for a handout. China has money, China exerts power and China is making investments in countries all over the world. Isn't that what the US did when we had money post WWII ?
I would bet on China too. Not becuase of mainland China but because of Hong Kong which is already reunified and Taiwan which I think will be reunified with the mainland in the near future (peacefully with an agreement for a degree of autonomy much like Hong Kong has). That will make China even more of a powerhouse than it is. It will be unstoppable.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
or this one 
maybe.
