Chinese Economic demise..Wishful US Thinking?, page-64

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    PS:
    IMO a country does not have to plan 'world domination"
    ......its simply the result of growing one's economy bigger,
    better and faster than others. That has been so with
    the Dutch Empire, The British Empire and now the US Empire.

    One can have all the ambitions in the world re world domination
    but without the economic ability to execute it, its all hot air.

    So, IMO, its an oxymoron to, on one hand, say that
    the Chinese Economy is on its last leg and, on the other,
    say it intends to take over the world some time in the future
    and that we (the USA) should do something now to remedy that.

    If we really believe that China has an unsustainable economy
    (remember the data should fit the theory...not the other way around), then why not
    laugh at its purported ambition to rule the world rather than fear it?

    IMO, there will be a new generation of economists who will
    analyse China for what it is & data based ; not for what it ought to be
    according to obsolescent western economic theory
    Last edited by moorookamick: 26/08/24
 
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