Is USA to loose its global dominance to China?

Discussion in 'General Global Topics' started by Relay, Jan 6, 2007.

  1. Relay
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    Relay Member

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    In a program i heard that China will passing USAs GDP ín only 5 years time. And already now it looks like China dictates the world market more and more. USA seem to decline under its heavy burden of Afghanistan and Iraq. Maybe USA have made a huge blunder and left the field wide open for the Chineese to take over completely.
    WHat do americans in general think about this shift in world dominance?
     
  2. trobinett
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    trobinett Senior Member

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    Interesting question Relay, but no worries mate.

    The world market is a fickle thing, one day your down, the next up. A lot of factors play into that.

    Whats interesting though, who actually OWNS the companies that are world leaders in manufacturing?

    Who actually is PROFITTING from the switch in GNP from the USA to China?

    And really, most important, where would YOU prefer to live?

    I'm not suggesting that you wouldn't prefer some other country, or that profit isn't being made by other countries, but these all play an important part, and yesterdays methods of figuring world dominance, isn't practical for todays international market place.
     
  3. 90K
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    I would much rather live in the US but if we didn't out source our labor to China and India our prices would be sky high. Our air and water would be completely un-healthy and we couldn't be a factor in world markets because who could afford our goods?
     
  4. theHawk
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    theHawk Registered Conservative

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    I don't see how Iraq or Afghanistan have anything to do with China's growth and our GDP numbers. China is getting more economically powerful because they have over 1 billion people and the vast majority of them work at a fraction of the cost versus the U.S. (or any other Western countries). Their economy is built on the exportation of cheap goods, and because of that, they are heavily dependant on the countries that buy those goods. I don't see how being so dependant on others makes them more powerful, and I don't know what you mean by saying the Chinese could "take over completely".
     
  5. 90K
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    Well other than global markets weakening and the amount of US currency the Chinese government holds or owns that could be a serious factor. That would be intersting because they could tilt the market by dumping all the currency they have. It wouldn't be in their best interest but it could happen.
     
  6. trobinett
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    trobinett Senior Member

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    Here's the deal, as I see it.

    Unless the United States does something REALLY stupid, like abandon Iraq, hide under our beds, turn the clock back a hundred years, we'll be fine.

    World economy's are all interrelated, and right now, and in the foreseeable future, WE control the world economy, the dollar is king.

    Believe me when I tell you, its in EVERYBODIES best interest to keep the "status qua".

    China is looking good, no doubt, so is India, and many other far East nations, and I'm glad for them.

    It's NO different than when Japan , and Germany started to flex their muscles, it only HELPED our economy.

    Let's worry about serious shit, like securing our boarders, defeating terror, and selling New Orleans to Mexico.:razz:
     
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  7. 90K
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    Yes good point in your last sentence about home issues. Actually they are all equally important it just depends who is doing the job of leading our nation.
     
  8. dilloduck
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    dilloduck Diamond Member

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    I love the "we" thing.
     
  9. trobinett
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    trobinett Senior Member

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    Really?

    I thought about that, but went ahead and used it.

    Kinda "empowered" me................:razz:
     
  10. dilloduck
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    dilloduck Diamond Member

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    Reckon I can withdraw a few hundred K from the treasury ?
     

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