03-19-2005, 04:14 PM #35
Sorry for going into politics talk again..
sure they are, they're the "fastest" to grow in Asia, and arguably in the world in recent yrs. That's why the Japanese is probably a bit nervous. But as far as I know, even when the Chinese economy is growing at a 10% clip, the U.S. is also growing and still keeping pace. Like you said, "when the japanese market was growing it reached about 7%", sure it did, but the U.S. is still ahead of them even during those times. The same can be said about China, as well as other countries, sure they're growing but the U.S. is still at the forefront, keeping pace.
As far as the statement "By 2020 America will no longer be the epitomy of superpowers", it could be(if you don't mind, can you give a reference to that comment). I'm not denying it, but unless the U.S. got attacked or invaded big time that it could no longer support itself, that's just the prediction and even if they're not "superpowers", then it works both ways. Actually the U.S. is quite satisfied now, as country like China is growing and basically has dropped their so called "communism" system and followed the "western" system-see democracy. As the U.S. would want the rest of the world to "follow" them. You know it also, when the Europeans started their movement toward "democracy", that's when they see their economy growing.
just my 2 cents..
Originally Posted by General Foo
Last edited by ctjcad; 03-19-2005 at 04:19 PM.
03-20-2005, 05:42 AM #36Originally Posted by Kai91
Anyway, lets stop this already.. we are supposed to be discussing badminton stuffs which we are all interested in. So please lets just leave the rest behind. Thanks
03-20-2005, 08:34 AM #37Originally Posted by ctjcad
i dont want to endeavour in this subject any further since it no longer concerns badminton but i do agree with your comments about the US still being at the forefront but i disagree with them "keeping pace". Their economy just isnt growing with the same rapidity. Consequently, by 2020 they will have been overtaken IF the economies continue to grow at the same rate. The source... various newspapers such as:
and my economics teacher.
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