HernanDroid said:
Spain fell after many internal problems (They even exist today, Barcelona wants to be apart from Madrid and start a new state). France and later U.K. sort of controlled the whole world together, but they fell in the s.XX because of germany, while they were in war, many latinamerican countries and the USA itself got stronger and a new power was born. After the USA, i would call China, people think that without the USA, China wont survive, but it may be actually the opposite, China buys about 20% of the USA debt, Japan buys like 16%, Korea, etc, etc. They buy that debt, cause they want a "strong dollar" so they could keep having certain advantage to their economies in a world wide basis and grow faster, but they also trade with themselves and China is about to become the top country for Latinamerica in commercial relationships, it is actually for Brasil, Argentina, Chile, and many more countries. If those East-Asia-countries wanted to, they could stop their "Buy Dollar" policies and crash the whole financial system, but no one wants that(cause they would grow at a slower rate), that's is why Obama went first to China to tell them "buy our debt", however, it is the USA the one that needs to spend better the money they have. |
The difference is that America does not have a military control over the planet, it has an economic hold. America has a tiny fraction of the world's population, and an ENORMOUS amount of it's consumption base. Also, much of the wealth that is used by China comes from the fact it owns substantial US debt, debt that would be worthless if America went under.
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