Sqrl on 03 June 2010
I don't think China qualifies...yet. It won't be too much longer at the current pace before they do, but their military is seriously nowhere near as advanced as the US military.
That gap will continue to close so long as the US fails to face its debt problems and so long as China stands to benefit from that same debt problem.
As far as economy goes, china's economy is built on the premise that the rest of the world is going to buy the crap they make...and with the way the economy is going right now, they may be better off than a lot of countries but they will be effected too and the harder the EU and the US are hit the harder China will be hit as well.
 |
| To Each Man, Responsibility |
