U.S. decline, China's ascension

[IndyColtsFan]

I'm going to quote a VP i overheard talking about laying off some of our accountants and outsourcing their functions to India:

Funny how VPs or above never talk about outsourcing VPs, CEOs, etc, isn't it?

 

[Phokus]

Funny how VPs or above never talk about outsourcing VPs, CEOs, etc, isn't it?

In a perfect world, VP's and CEO's would be outsourced while all our middle class jobs came back 😉

 

[Svnla]

US is like a former body builder in great shape but let himself go and ate/smoke/drink excessively..for years....destroying his body and become obese/weak...yet still clinging to the former glory and refuse to take the "tough" medicine to go back to the former self.

China is like that skinny dorky kid that is working hard and getting better and better. The kid is not there yet and still have a lot of roadblocks ahead.

 

[zhangjohn]

The only reason for China's rising is its huge population. Taking counter into China's per capita GDP ranking in the world is still after the first one hundred (last year is no. 95, just come into the top one hundred), China's potential will be continued.

If the United States now has 600 million to 1 billion people, the United States will keep be No.1 for ever.

If let me give some suggestions to United States, I would suggest that: to encourage wealthy people to immigrate to United States. For example if someone buy 1 million dollar's house, they can become a U.S. citizen. If so, most of the Chinese rich people will immigrate to USA. They will take their money, lot of money to America. They will buy lot of goods, house, new car etc, and make buseness.

That will created many new job opportunities. 😀,

America only have 300 million people, that's unfair.

 

[zhangjohn]

One more word, according to Karl Marx's theory, capitalist's development is heavily dependent on the new space to expand.

After the World War II, there is always some spece to expand: such as reconstruction of Europ and Japan, the new technological revolution: semiconductors, computers, networks, recently it's financial innovation.

If there is no new technology or innovation or space to expand, what will happen?
I don't know, maybe just like Japan.

Karl Marx's answer is crisis or war. I hope that's not true.

 

[blackangst1]

I though it had something to do with 90cents an hour, company compounds where you live and are slaved for 80 hrs a week and your company security can literally kill you for IP theft. Sorry not how I want to live - let em have it. We should never allow capital, trade, IP or anything else with nations who don't subscribe to some basics unless we want to be like them.

The Chinese model is nothing to envy. We just need to take away the global labor arbitrage capital demands with their free trading religion. It's nothing more than divine rights of kings for the 21st century. aka "economics"

Are you equating your first paragraph to "the Chinese model"?

Link?

 

[SammyJr]

Meanwhile average US quality of life soars over China...

Until the credit card runs out.

 

[SammyJr]

I see Phokus mentioning "free market" in this thread, but anyone who has been paying any attention for the last 10 years (if not longer) and read the article knows that our fiscal policy is anything but "free market." "Too big to fail" and "bailout" aren't anywhere in the lexicon of any free-market manifesto I've ever read.

We're "free market" in the sense that we allow cheap labor to displace American workers while the rich guys enjoy protectionism. We have socialism for rich guys while everyone else enjoys rugged capitalism.

 

[JS80]

US is like a former body builder in great shape but let himself go and ate/smoke/drink excessively..for years....destroying his body and become obese/weak...yet still clinging to the former glory and refuse to take the "tough" medicine to go back to the former self.

China is like that skinny dorky kid that is working hard and getting better and better. The kid is not there yet and still have a lot of roadblocks ahead.

To further expand, by playing the currency games, it's like the skinny dorky kid is taking steroids to reach that goal. He will eventually have a heart attack and die.

 

[chucky2]

Lets just hope when the skinny dorky kid is ripped from the roids, he doesn't go on a roid rage with his newfound power...

 

[Infohawk]

The only reason for China's rising is its huge population. Taking counter into China's per capita GDP ranking in the world is still after the first one hundred (last year is no. 95, just come into the top one hundred), China's potential will be continued.

Which is the only reason the US rose over fragmented Europe... Population is always an advantage assuming you're not culturally backwards like much of the third world has been for so long but is now shedding. People always talk about Germany's military prowess but let's not forget Germany and Austria combined had a bigger population than the other European powers in WW2. (Russia was a classic example of being backwards and its population still allowed it to overcome Germany.)

 

[dmcowen674]

Quote:
Originally Posted by IndyColtsFan
Funny how VPs or above never talk about outsourcing VPs, CEOs, etc, isn't it?

In a perfect world, VP's and CEO's would be outsourced while all our middle class jobs came back 😉

What a dolt, that's because the VPs, CEOs, etc are part of the Skeletal crew that makes up the Governing body in the U.S. otherwise they would be foreign Companies and not able to get away with the tax rape that they do.

 

[Svnla]

To further expand, by playing the currency games, it's like the skinny dorky kid is taking steroids to reach that goal. He will eventually have a heart attack and die.

I don't know if he will have a heart attack and die or he will getting bigger and stronger and become a bully/pick on other smaller kids (see ASEAN countries such as Vietnam/Phillipines/Indonesia/et al) and getting weaker/not as strong as they used to be kids (Japan/S. Korea/Taiwain)..and create a huge mess in South/Southeast Asia/Western Pacific.

 

[JS80]

I don't know if he will have a heart attack and die or he will getting bigger and stronger and become a bully/pick on other smaller kids (see ASEAN countries such as Vietnam/Phillipines/Indonesia/et al) and getting weaker/not as strong as they used to be kids (Japan/S. Korea/Taiwain)..and create a huge mess in South/Southeast Asia/Western Pacific.

Regardless, hopefully the steroids will shrink their testicles and they reave ASEAN countries arone.

 

[KlokWyze]

It's all about capturing emerging markets, not holding onto already established ones. Established markets are easy to get into if the technology is already developed, etc. IE the manufacturing base, exporting natural resources, etc.

It's all about the US patent office and whatever the new hot shit that is coming. Biotech, genetics, green tech (not a lot of profit IMO). The US still has massive purchasing power, a huge consumer base, a huge GDP based on intellectual properties that no other country can touch, we still pull the best and brightest from other countries (including China), etc., etc.

The US CANNOT stay on top forever, but we aren't going to go into a free fall. We just need to get over ourselves, get better with out money, make our education system more EFFECTIVE and we should always be able to be competitive as or with the best for the long-term.