America's Supremacy is OVER...
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America's Supremacy is OVER...
When we needed a manager, we got a college professor..."...In 2010, China overtook America as the world’s largest car market, as the world’s largest retail market, and as the world’s greatest producer of patents. A year later China became the globe’s greatest user of energy. In 2012 China became the world’s biggest market for PCs, and the primary source of global trade. Just three days ago China unveiled the world’s most powerful computer. As for Chinese forex reserves, they total $3.4 trillion. That is to say, the loose change in China’s pockets, from all those foreign hols, is equivalent to the entire economy of Germany.
China is therefore, in many ways, already the most important country in the world – by a distance. It will also, on present trends, finally surpass the USA in overall GDP sometime between 2015 and 2025.
Of course, China has serious problems. It will surely crash, even as it ascends – just as America crashes. But in the end demography is destiny. China is simply too big to fail. To believe that China won’t surpass America in total economic size and hegemonic power you have to believe the Chinese are so stupid..."
http://blogs.telegraph.co.uk/news/seanthomas/100223134/americas-supremacy-is-finished-why-dont-we-understand-this/
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