2040 China, a 123 trillion dollar economy?!?!?!

Quote from risktaker:

Good!

It's already the biggest anyway. It has nowhere to go but DOWN.

Companies like Apple & Walmart are nothing but Chinese export shops.

Tax the shit out of Apple products through a VAT tax and you'll see America coming back!

+1. America isn't the Rome of the past that only lasted for how long? Nor, is it the Egypt that was once the center of the world.

The copyright and patent offices are in America. And as long as they remain in America, the USA will remain the #1 nation in the world!
 
Quote from gettinglucky:

+1. America isn't the Rome of the past that only lasted for how long? Nor, is it the Egypt that was once the center of the world.

The copyright and patent offices are in America. And as long as they remain in America, the USA will remain the #1 nation in the world!


Sorry to dissapoint but each country has/can have it's own patent office. They're based on international commerce treaties.
Every major country/export powerhouse has their version and they all "cooperate".
 
Several reasons?

No, It's only ONE reason. Zionism ( and their Evangelical southern foot soldier )




Quote from risktaker:

Several factors came into play in the last 10-20 years in the US which together contributed to the current malaise...

-Arrogant politicians, public
-A "we're #1" attitude
-Crooked politicians and corporate elite
-way too much "prestige" paid to smart asses out of big universities.
-Too much emphasis on "financial engineering"
-Lazy, out of shape population
-Too many programs at state & Federal level making these people confortable enough living on food stamps, etc.
-Top 10% of population needs to pay more taxes
-Penalties should be instituted for jobs that are exported overseas.

I could go on & on but there's a huge list of shit that US needs to correct.

Remember, it begins with YOU!

Only YOU can prevent further demise.

Act today! Put off buying that big screen, Asian car, toy, concentrate juice, plastic gadget, etc.

It's too bad that the politicians themselves can't come out and explicitly SAY this but it needs to be addressed now.

Every piece of imported crap you buy produces several things...

1. Further depreciates your dollars.
2. Contributes to unemployment.
3. Pepetuates a fucked up, consumption based society.
 
Quote from risktaker:

Again, you say Korea/Japan/Hong Kong were very "productive".
Yes, they are very hard workers but their model only benefitted until & as long as the idiots/lazy asses in US/Europe are willing to buy & increasingly buy/finance.

When the dumb masses in the US realize they've been screwing themselves over buy sending all their money to Asia, who are the Asians going to sell to?.
Lazy thinking. If economic prosperity could only be achieved through imbalanced trade, then why are Americans wealthy?

China isn't South Korea (50mm population), Taiwan (20 million), or even Japan (150 million). Those nations can't gain international significance without exports.

China is larger than US and western Europe combined. The lowest hanging fruit right now is on the low end of the manufacturing value chain.... But why would it need to stay there?

What can you do to create wealth, that the Chinese can't match?
 
Quote from heech:

What can you do to create wealth, that the Chinese can't match?

Actually the Chinese are not creating wealth, they have just set up a wealth transferring machanism with the blessings of politicians of the West.

Good ideas create wealth. History shows that for the most part only the West has created wealth. There isn't a breakthrough, other than gun powder AFAIK, that can be attributed to Chinese or to any other nation in the East. From Physics to Chemistry to high technology basic research, everything has been invented by Westerners. Given this historical fact, they cannot claim a share of the world's wealth.
 
Quote from intradaybill:

Actually the Chinese are not creating wealth, they have just set up a wealth transferring machanism with the blessings of politicians of the West.

Good ideas create wealth. History shows that for the most part only the West has created wealth. There isn't a breakthrough, other than gun powder AFAIK, that can be attributed to Chinese or to any other nation in the East. From Physics to Chemistry to high technology basic research, everything has been invented by Westerners. Given this historical fact, they cannot claim a share of the world's wealth.

No.......

Gunpowder...yes everybody knows this.

Papermaking....transmitted from China to Europe via the Arabs after the Battle of Talas in modern day Kyrgyzstan when the arabian army seized some chinese paper makers.

Printing....The chinese invented printing 1000 years before Gutenberg in the West and he might have been influenced by Chinese type moving presses, but the diffusion is unclear.

Compass...I think the Chinese and Europeans independently invented this and was then transmitted to the Middle East.

Handheld repeating crossbow..invented 5th century BC by Chinese,It was said this was spread to Europe by the marauding Huns eventually appearing in Europe 10th Century

off the top of my head
Water pistons,blast furnance,canal pound lock,etc,etc
 
Quote from intradaybill:

Good ideas create wealth. History shows that for the most part only the West has created wealth. There isn't a breakthrough, other than gun powder AFAIK, that can be attributed to Chinese or to any other nation in the East. From Physics to Chemistry to high technology basic research, everything has been invented by Westerners. Given this historical fact, they cannot claim a share of the world's wealth.
Wishful thinking. What you wish could be ascribed to some sort of racial superiority is really the product of an incredibly productive European Renaissance. For 1500 years, western Europe was the bastion of religiously befuddled, barely literate nobles and truly ignorant serfs. By every metric, western Europe was no better than the sub-Saharan Africa of today... far out-shadowed by what was being achieved in the Far and Middle East.

But for the subsequent 500 years, Europe was at the forefront of human development by every metric. Indeed, without the contributions of great European thinkers and scientists, we wouldn't be where we are today. But the Japanese achieved much of the same progress in 40 years (during the Meiji period), and China is now finally catching up today.

If you hope your kids will do better than pump gas... you better do a lot better than twiddling your thumbs while wistfully reminding people that Marie Curie and Isaac Newton happened to be white.

Actually the Chinese are not creating wealth, they have just set up a wealth transferring machanism with the blessings of politicians of the West.
Whatever you call it, riddle me this: what is it about *you* that leads you to believe you (and your children) will be perpetually 5x wealthier than people working twice as hard as you are?

Why, in 30 years, should people who studied twice as hard as you in school, who have double your knowledge and skill sets, and who work 60 hour weeks earn less than half of what you earn?
 
Quote from heech:

Why, in 30 years, should people who studied twice as hard as you in school, who have double your knowledge and skill sets, and who work 60 hour weeks earn less than half of what you earn?

Those who try hard usually never get the results they're after. Those who are laid back and appear not to break a sweat or care will take home the bacon.
 
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