| Re: China's 8%% Growth Rate Insulated From U. S. & Global Recessions |
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Group: alt.philosophy · Group Profile
Author: turtoniturtoni Date: Jun 26, 2008 21:17
On Jun 27, 12:00Â am, Bret Cahill aol.com> wrote:>>> From 1860 to 1890 the U. S. steel industry increased in size by 1000%%
>>> each decade.
>
>>> The steel wasn't being exported. �It was consumed in the U. S.
>
>>> Trade had little to do with U. S. growth.
>
>>> If the U. S. really is in a permanent recession as many believe, then
>>> the Chinese will simply sell more stuff to themselves and, like the
>>> American economy of the industrial revolution, the economy of China
>>> will simply continue at nearly an 8%% growth rate.
>
>>> In other words, the Chinese economy will pass the American economy in
>>> size in a mere 18 years.
>> Then it will decline like any other major economy
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> You don't seem to understand.
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> In the meantime they will control all the resourses including oil.
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> You will be pulling a rickshaw if you want some ramen noodles.
>
> Bret Cahill
so how do you account for a turn around from communism?
they've been "infected" with capitialism and invested in that future.
are you imaging they will have bigger houses and more shit to fill
their houses?
so? isn't that a huge step from the concerns of communism?
they'll be hitting the same problems we have...
melting pots.
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