China Discussion: "Age of America nears end" Edition

[Paradoxium]

Let's start things off with two different but interesting notes:

Documents Confirm China's Aircraft Carrier Plans
They are boosting their military capabilities as of late. Although I think they are not worth the investment. Smaller ones can do most of the same things and are harder to target.

And Now Presenting: Amazing Satellite Images Of The Ghost Cities Of China
Or how I like put it: why GDP as a pure economic indicator is a sack of horse****.

For the record, I am a bear on the Chinese economy. But if **** hits the fan, I think they can take care of themselves better than others would. And no I am no fan of their policies.

 

[Thundercrack85]

I suppose it depends on what you consider a "superpower".

Some would say it already is. It certainly has a lot of economic clout.

 

[Kelly]

I don't China is the "next" Superpower....I think it is "now" the superpower....

 

[Dr. Evil]

China has already begun exploiting Africa in the same way the Europeans did a century ago.

 

[Kelly]

China has already begun exploiting Africa in the same way the Europeans did a century ago.

Oh hell yeah.....Sudan is the perfect example.

 

[Paroxysm]

Chinese jet fighter 'sighting' raises fears over region's military power balance

American corporations sold their souls to the Chinese and this is the net result........

 

[Raiden]

Chinese jet fighter 'sighting' raises fears over region's military power balance

American corporations sold their souls to the Chinese and this is the net result........

I wonder what other technologies have American corporations sold to China that we don't know about?

 

[Paroxysm]

I wonder what other technologies have American corporations sold to China that we don't know about?

Who knows, I wonder how much of it was stolen and not sold.

 

[Timstuff]

CHURCH MEMBERS DETAINED AFTER TRYING TO HOLD EASTER SERVICES IN CHINA...

http://www.google.com/hostednews/afp/article/ALeqM5ikOKhFpdSkvn279UMCDsWLu7XVkw?docId=CNG.2f5a8fbdc481f0ab21e58aa4d496db7e.501

 

[Paradoxium]

IMF bombshell: Age of America nears end
China’s economy will surpass the U.S. in 2016

Been on Drudge and in the blogosphere. Any chance of editing thread title to:

China Discussion: "Age of America nears end" Edition

 

[Pink Ranger]

The real defining moment for China hasn't happened yet. Whether this country can truly continue to be a superpower will hinge on how it deals with its next recession. The number of China-boosters I've met who think a recession will never happen (when it is an inevitability for any economy) is staggering, and kind of reminds me of an America in the roaring 20s kind of mindset.

It's easy to have a happy, productive populace when everything is on a growth trend. How truly resilient will China prove to be when they have to face their own bubble? A disgruntled middle class, an amassed population of urban poor, which are already causing them public order problems that we often don't hear about.

 

[Paradoxium]

The post bursting of their bubble will be the big test. Along with how they handle the current inflation in food prices. Granted these are two very difficult tests.

If they get through that hurdle it is over for America. Period.

 

[Pink Ranger]

The post bursting of their bubble will be the big test. Along with how they handle the current inflation in food prices. Granted these are two very difficult tests.

If they get through that hurdle it is over for America. Period.

You make it sound so ominous and threatening. Frankly, a second, stable superpower in the world who you're not realistically going to war with, and where you're both economically dependent on each other, may have many benefits for Americans.

First of all, the USA wouldn't be the automatic go-to country for things like foreign aid and disaster relief. Secondly, you'd have a relatively friendly, secular superpower that's geographically closer than you are to places like Pakistan, North Korea and Afghanistan (and Russia, for that matter).

That stated, I am no fan of China, and to me, its ability to truly survive and maintain social cohesion when its recession inevitably happens is a big, big question mark. I can definitely see the threat of fascism emerging in such a scenario.

 

[redfirebird2008]

You make it sound so ominous and threatening. Frankly, a second, stable superpower in the world who you're not realistically going to war with, and where you're both economically dependent on each other, may have many benefits for Americans.

First of all, the USA wouldn't be the automatic go-to country for things like foreign aid and disaster relief. Secondly, you'd have a relatively friendly, secular superpower that's geographically closer than you are to places like Pakistan, North Korea and Afghanistan (and Russia, for that matter).

That stated, I am no fan of China, and to me, its ability to truly survive and maintain social cohesion when its recession inevitably happens is a big, big question mark. I can definitely see the threat of fascism emerging in such a scenario.

China allows their own people to be treated like crap. What makes you think they give a hoot about helping other countries?

 

[Spidey-Bat]

Isn't China one of the biggest polluters as well?

 

[redfirebird2008]

Isn't China one of the biggest polluters as well?

Yes. The d-bags are cutting a lot of corners in their quest to become the most powerful country on the planet. Luckily for us they are decades behind us in nuclear weapon development.

 

[Matt]

I personally think that the age of super powers in general is dead. But yeah, people act as if because China gains some economic clout, that America will suddenly collapse. So much alarmist nonsense. Plus these numbers seem to assume that nothing bad will happen to China over the next 5 years. Economic predictions are about as accurate as the weather forecast.

 

[redfirebird2008]

I personally think that the age of super powers in general is dead. But yeah, people act as if because China gains some economic clout, that America will suddenly collapse. So much alarmist nonsense. Plus these numbers seem to assume that nothing bad will happen to China over the next 5 years. Economic predictions are about as accurate as the weather forecast.

There are other things that indicate a collapse of America.

1. $14+ trillion of national debt and growing by billions of dollars every day.

2. Continued printing of money, thus causing the potential for a currency collapse.

3. BRICS (Brazil, Russia, India, China, South Africa) and the IMF/World Bank have pretty openly stated that they want the U.S. Dollar removed as the world's reserve currency. Here's an article on BRICS and the IMF:

http://www.washingtonpost.com/world...economic-order/2011/04/14/AFarMgdD_story.html

 

[Matt]

My guess is that the decline of the dollar will result in a North American union/currency rather than a complete downfall of the U.S., which is just alarmist, nonsense, IMO.

 

[Kelly]

Good lord, I hope we do what the UK did and "decline"....

 

[Matt]

My guess is that we'll be the ones pushing for it.

 

[redfirebird2008]

My guess is that the decline of the dollar will result in a North American union/currency rather than a complete downfall of the U.S., which is just alarmist, nonsense, IMO.

So you aren't the least bit concerned about the overspending and overprinting of cash?

 

[Paradoxium]

There is a reason I make the caveat IF they survive their bubble. I am still a bear on them.

 

[Kelly]

The post bursting of their bubble will be the big test. Along with how they handle the current inflation in food prices. Granted these are two very difficult tests.

If they get through that hurdle it is over for America. Period.

The inflation in food prices will be what hurts them the most.

Geographers predict that by 2030, China will need to import the current "global" grain production in order to feed its people...

They are in a hell of a lot of trouble in the area of feeding its people.
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[Paradoxium]

Thanks to their one child policy I think a lot of angry horny dudes gonna get violent and reduce their own population. Unless they start importing Eastern European women there. Cause that is the only demographic will the polar opposite male:female ratio.