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(Telegraph) World power swings back to America
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cooljeanius
Member
Makes the fracking hearing I attended last week all the more relevant
Flying_Phoenix
Banned
Thanks to mass immigration, the United States will be the dominant world power for years to come.
The only thing I can imagine rivaling it is if the European Union unites to one country.
The only thing I can imagine rivaling it is if the European Union unites to one country.
Something Wicked
Member
hsukardi said:
You mean Apple's early 2000s re-rise? Well, it depends when specifically the prediction was made and how large of a rise was predicted. The thing about Apple is with the case of their Ipods, Iphones, and Ipads, is that there was no heavy, long-drawn out R&D involved, since portable digital music players, cell phones with touch screens, and tablets had already existed and tested before such products were released. Apple has has the ability to essentially "hide" much of their product lines' R&D, since it has a relatively short time from concept to the assembly line, as it's simply innovating off of existing technologies.
To be fair to the authors, a lot of "japan/china/india etc etc is taking.' often comes from ignorance in economics and policy. Japan fall was plausible, though surprising and their "lost decade" was incredibly easy to see. Even now China is growing a few big bubbles, but no one seems to see them.Deku said:The source is an opinion piece. And as the saying goes everyone has one of those.
Impossible to predict anything. 20 years ago Japan was a safe bet. People forget now but in the late 80s Japan had a 4 trillion GDP to the US' 7 trillion.
10 years ago, it looked like US post-cold war internet fueled bubble of DOW to 20,000 was not going to stop.
Right now it's all about the decline and fall of the west and China/India.
We'll see
People focus to much on bad news that promotes their point of view I think.
The problem with Japan is they are not a functional country. Their people are smart, their will are strong and their community is unified but too bad they have to rely heavily on the US for their national defense, which means they have no bargain chip on any kind of trade table. Same thing goes to Korea. A strong national defense doesn't mean you have to bust into other people's door but it does mean you have a vast advantage on trades. That's why the US dollar is the only currency used on oil trading and that's why the so called "US free market(tm)" is all over the world which only benefits the US (the top 1% of the US) in the end.
It's funny because whenever I read articles on WSJ or something I see they say the housing bubble in China is gonna bust and China is gonna collapse. Now the housing price is actually falling but I can't see shit on these sites. I wonder why.remnant said:
Tristam said:
Japan is a democracy, had elections, free press and everything but during the boom years it effectively was a one party state, It had an opposition the whole time, though feeble by western standards, was largely left alone to do its job and oppose, and not bullied into irrelevance as was found in Taiwan, Korea (pre 1990s) or Singapore (still is the case). Due to patronage of the ruling party, they were able to stay in power, save for a brief period in the mid 90s, until the formation of the DPJ government recently. A lot of infrastructure was built this way. Bridges to everywhere, that kind of thing.
It's politics has only become less stable in the last decade, after the first 10 years of the 'lost decade'.
Running trade deficits doesn't mean it's hurting business especially those big banks business. The street invest heavily in the Asia market so boosting their business by killing American business is actually a good bargain. Sure Joe average American can't find jobs either because they are outsourced or their cars can't compete against Japanese cars but sorry they are 99%.Tristam said:
And do you know why your government keeps jabing at China? We take your jobs, and we don't open market to your banks. One of the issues your GOP dudes kept ranting about during President Hu's visit early this year is China not being open enough on their domestic market to foreign investors. Sorry that's not going to happen, we have nuclears.
As for the Japanese government, that's not an issue. Their government is just a puppet show. The whole Japanese economy is controlled by like 6 financial groups for decades. Their economy module is stable, regardless who becomes their new president.
Chiggs said:
Yeah, I read the book though I can't say I agree with most of it. It's very entertaining, I dug the "Poland being a world power" part (CD Projekt Red is just the beginning!). The only thing I can think of that has potential of being true is the Mexican demographic in the southwest US being so high, and the border becoming much more porous, that Mexico (now in a near-superpower state) will have successfully "invaded" America without even needing to go to war.
Wouldn't mind seeing Japan rise again, like in the book (but without the orbital death star system!), if only for some more cool videogames to come that way
LQX
Member
Rise military wise? If so for what purpose?djtiesto said:Yeah, I read the book though I can't say I agree with most of it. It's very entertaining, I dug the "Poland being a world power" part (CD Projekt Red is just the beginning!). The only thing I can think of that has potential of being true is the Mexican demographic in the southwest US being so high, and the border becoming much more porous, that Mexico (now in a near-superpower state) will have successfully "invaded" America without even needing to go to war.
Wouldn't mind seeing Japan rise again, like in the book (but without the orbital death star system!), if only for some more cool videogames to come that way
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