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US losing economic war and Asia loves it.

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SAN LUIS OBISPO, Calif. (MarketWatch) — America is a quitter. We’re giving up, surrendering, forfeiting. Yes, throwing the game. Throwing away our future as the world’s superpower. We’re forced to walk off the economic playing field. Not by outside enemies, by our own Congress refusing to play a job-creating economic game.

We are our own worst enemy in the biggest economic war in world history. And Asia loves it!

Our do-nothing Congress, our no-compromise politicians and our austerity-obsessed Luddites controlling Washington are killing America’s economic growth, killing our superpower role, killing our future ... and, yes, Asians love it.

Old warriors like Sen. John McCain plus the neocons who conned us into the $3 trillion Iraq War still believe the future will be won by aggression, big armies, battleships and a Pentagon spending a half trillion a year ... while our infrastructure crumbles, our educational system decays, and jobs and profits go overseas fattening foreign economies.

By 2040, China’s GDP is 40% of world, America’s GDP shrinks to 14%
Forget war, take off the blinders. It’s “the economy, stupid,” more jobs, not more war debt. Unfortunately, America’s myopic right wing acts like ninja saboteurs, unwittingly aiding and abetting growth in foreign nations. China keeps investing in its future, creating jobs, building infrastructure, funding education and technology and its GDP soars
.

And America keeps sliding into a no-growth economy, to 1% GDP growth in a generation.

Yes, Asia is speeding way ahead of us, winning the economic war. By 2015 China’s GDP will overtake America’s. And still we refuse to compete, thanks to the myopic Luddites running Congress. A few years ago the headline of a Foreign Policy feature by Nobel economist Robert W. Fogel, a renown China scholar, made clear what’s ahead: “$123,000,000,000,000: Why China’s Economy Will Grow to $123 Trillion by 2040

China is the new economic superpower because it is stealing the best of our capitalism, mixing it with government planning, racing to win the prize as the No. 1 global power. And while they’re planning, our saboteurs inside Washington are surrendering the economic war to China. Here’s Fogel’s disturbing forecast in Foreign Policy:

“In 2040, the Chinese economy will reach $123 trillion, or nearly three times the economic output of the entire globe in 2000. China’s per-capita income will hit $85,000, more than double the forecast for the European Union, and also much higher than that of India and Japan as China moves “from a poor country in 2000 to a superrich country in 2040

America’s per-capita wealth may be higher, says Fogel, but “China’s share of global GDP — 40% — will dwarf that of the United States (14%) and the European Union (5%) 30 years from now.”

America wears blinders, Asia unstoppable, America losing the war
Asians must be laughing loud at Washington’s blind stupidity, how we are sabotaging our own economic future. They see America as narcissistic, selfish and totally blind to how self-destructive we are. Worse, Asians are not only aware of our stupidity, they’re taking full advantage of it.

Here’s how one Asian leader recently challenged our politicians. In “America’s Blinders,” a Project Syndicate column by Kishore Mahbubani, dean of the Lee Kuan Yew School of Public Policy at the National University of Singapore and author of “The Great Convergence: Asia, the West, and the Logic of One World:”

“The time has come to think the unthinkable: the era of American dominance in international affairs may well be coming to an end. As that moment approaches, the main question will be how well the United States is prepared for it

Warning: “Asia’s rise over the last few decades is more than a story of rapid economic growth. It is the story of a region undergoing a renaissance in which people’s minds are reopened and their outlook refreshed. Asia’s movement toward resuming its former central role in the global economy has so much momentum that it is virtually unstoppable.”

Mahbubani says politicians “bear a responsibility to prepare their societies for impending global shifts. But too many American leaders are shirking this responsibility.” Then he describes a session he chaired at the 2012 World Economic Forum in Davos, Switzerland. Topic: the “Future of American Power.” In the audience: Two U.S. senators, a member of the House and a deputy National Security Adviser.

What did they see ahead for American power? “They predictably declared that the U.S. would remain the world’s most powerful country. When asked whether America was prepared to become the world’s second-largest economy, they were reticent.”

But they couldn’t tell the truth. Why? “Even entertaining the possibility of the U.S. becoming ‘No. 2’ amounts to career suicide for an American politician.”

Then Mahbubani exposed the real depth of America’s blindness: Unlike blinded politicians, all intellectuals “have a special obligation to think the unthinkable and speak the unspeakable ... consider all possibilities, even disagreeable ones ... prepare the population for prospective developments. Honest discussion of unpopular ideas is a key feature of an open society.”

But American intellectuals are also blind. His two examples: Richard Haass, president of the Council on Foreign Relations, recently wrote we “could already be in the second decade of another American century.” And Clyde Prestowitz, president of the Economic Strategy Institute, says “this century may well wind up being another American century.” If they “prove accurate,” says Mahbubani, “ no preparation is needed.”

Americans ‘woefully unprepared’ for Asia as the global superpower
But, “if the world’s center of gravity shifts to Asia,” as Fogel predicts, “Americans will be woefully unprepared.” He warns that “many Americans remain shockingly unaware of how much the rest of the world, especially Asia, has progressed.”

Most Americans are blind to “a simple, mathematical truth. With 3% of the world’s population, the U.S. can no longer dominate the rest of the world, because Asians, with 60% of the world’s population, are no longer underperforming.”

Unfortunately, American leaders stay blind, refuse to listen, especially our neocon war-lovers. Asians see Americans lost in a fantasy land, believing we are “the sole beacon of light in a dark and unstable world.” And since leaders like Haas and Prestowitz also believe this illusion, don’t challenge our fantasies, the public is ignorant, unprepared.

Mahbubani tries to soften the blow: “Asia’s rise is not really bad news.” Asians “are seeking not to dominate the West, but to emulate it. They seek to build strong and dynamic middle classes and to achieve the kind of peace, stability, and prosperity that the West has long enjoyed.”

Wake up America: Asia will soon be 5 times bigger, more powerful
Asia’s transformation is accelerating, will “catapult Asia from economic power to global leadership. China, which remains a closed society in many ways, has an open mind, whereas the U.S. is an open society with a closed mind ... with Asia’s middle class set to skyrocket from roughly 500 million people today to 1.75 billion by 2020.” America, with just 400 million people, can no longer “avoid the global economy’s new realities for much longer


Now you’ve had a look inside one of Asia’s leading minds. The leader of a major Asian university sees the world “poised to undergo one of the most dramatic power shifts in human history.” But “to prepare for the transformation, Americans must abandon ingrained ideas and old assumptions ... liberate unthinkable thoughts. ... think the unthinkable” ... and stop denying the end of American dominance in world affairs.

America must wake up to the fact that we will soon be No. 2 behind Asia, as China’s economy explodes, three times bigger than America’s by 2040. Wake up before Sen. McCain’s neocon and tea party buddies push Washington into a real war.

America the Quitter getting whipped by China - Paul B. Farrell - MarketWatch
 
China will have $123 trillion GDP by 2040? $85,000 as per capita GDP?

Well, here is another prediction...By 2040, Arabs will have a space-station at mars from where they'll launch missions into outer galaxies...
 
writer is trolling with China's emotion..by 2015,China will cross USA???well,it is almost 2014.. :pop:

and 123 trillion by 2040???well,I think China will be ruler of the world by then.. :cuckoo:
 
China will always remain in the Western Value System.

What does it mean?


If even it surpasses USA, it will still be a Slave of the West.

China isn't india....secondly, how will china remain a slave of west?

It will still imitate the West, will keep on catching the West, follow Western peddled Narratives, Religion, Ideologies, Historical viewpoint, etc.

what? :girl_wacko:

writer is trolling with China's emotion..by 2015,China will cross USA???well,it is almost 2014.. :pop:

and 123 trillion by 2040???well,I think China will be ruler of the world by then.. :cuckoo:

In terms of PPP
 
writer is trolling with China's emotion..by 2015,China will cross USA???well,it is almost 2014.. :pop:

and 123 trillion by 2040???well,I think China will be ruler of the world by then.. :cuckoo:

12 trillion ppp GDP, and the American are crying foul how yuan is 40% undervalued, you do the maths.
 
The Americans aren't worrying about China, and there's a few good reasons why. It's the reason they're not worried about the devaluation of America's currency too. They want it to keep devaluing so that the exchange rate favours them in loan repayments.

The media loves to pull on the emotional strings of die-hard Americans, just to jack-up productivity, which is what they've done with anglo-saxon men since forever. Let's make him feel scared about his opponents because that'll make him work 20 times harder. And it works.

Look at things this way, and you'll realise why China isn't such a huge threat.
AI-BJ103_CNUKE_G_20110315134509.jpg
Fault lines = White
haarp.jpg
 
China will have $123 trillion GDP by 2040? $85,000 as per capita GDP?

Well, here is another prediction...By 2040, Arabs will have a space-station at mars from where they'll launch missions into outer galaxies...

It's clear you don't even have a basic understanding of macroeconomics. If China's real GDP grows at only 7% a year, she will have doubled her per capita income in a decade. Consider also that China has one of the lowest fertility rates of any country on the planet.

Yes, Chinese per capita GDP will be higher than that of the average European country by 2040. India may (or may not) have surpassed Germany to become the 4th largest economy in the world by then. :yay:
 
China is a Slave of Western Ideology called Communism born in Germany.



Philippines is Gone.

22% of Koreans are Soul Harvested and their entire POV, Your Historical Narrative, How you behave in the Modern World, Your future everything depends on the West.

India is the Most Free and Original Civilization in the World.



Its Westerners who are obsessed with Indian History and want to have a claim on that.

Anyone who thinks China is communist should have their head examined.

"India is the Most Free and Original Civilization in the World." :cuckoo:

Is that why another two Western women were raped today? Is that what freedom is?

You guys have different values than the rest of the world. I have good relations with Westerners, and I know that they are tired of seeing Indians pretend to be racist to Blacks to try to create a bond of friendship with Whites.

Indians are pathetic to the point of being funny. Everyone laughs behind your backs and you're all too dumb to see it!
 
I could have sworn that you are talking about India. Indians are basically slaves to Westerners. It's quite pathetic how Indians are begging Westerners to accept them as White. You have no honor.

You're 100% right. You cracked me up with what you wrote.

The US told India not to go in the Gas Pipeline deal with Iran and also said this to Pakistan but Pakistan went ahead still yet India backed down because it cant oppose the US. The US is after all Indias only hope in fighting for Kashmir lol.

India is a true dog. Despite it might have a steady growing economy, many people are living in slums, people dont have good living standards etc, marrying of children, selling of children, yet it points the finger at neighbouring Pakistan.

People laugh at China on the child restriction. However, people dont understand the fact that the more kids the nation has the more expenses there will be especially in terms of benefits. Why has the UK gone down and down in economy? Because the government has handed endless amounts of benefits out to scroungers. People have 6-18 kids and that's thousands a month gone to 1 family lmao.

India's economy will never overtake China, it might be high up currently, but it will fall sooner or later.

China is only racing ahead because it is the PRIMARY PRODUCER! When you are the primary producer then you will be the stronghold. The UK was strong throughout the industrial revolution. Since it decided to ship everything out there is nothing left. Whatever was left is handed out to benefit scroungers.

This is the same case in the USA. However, over there the US likes to sponsor wars so there is lots of $$$ going to waste there. You dont see China spending billions a year for millitary operations overseas! The whites were thick, and will always remain thick, thanks to the Zionist regime.
 
It's clear you don't even have a basic understanding of macroeconomics. If China's real GDP grows at only 7% a year, she will have doubled her per capita income in a decade. Consider also that China has one of the lowest fertility rates of any country on the planet.

Yes, Chinese per capita GDP will be higher than that of the average European country by 2040. India may (or may not) have surpassed Germany to become the 4th largest economy in the world by then. :yay:

lol..what?

My understanding of Macroeconomics is enough that I just laughed at the thread and was like 'whatever' ....You, on the other hand, seem to take this seriously? lol..Talk about understand of microeconomics...
 
lol..what?

My understanding of Macroeconomics is enough that I just laughed at the thread and was like 'whatever' ....You, on the other hand, seem to take this seriously? lol..Talk about understand of microeconomics...

All you did is whine away. You offered no counter-argument or rebuttal to my statement.

Go ahead, I'm waiting for a refutation....
 
2040 is a long way away, anything could happen before then. A world war, a revolution, another economic collapse.
 
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