| Badassbab said:
Also we have seen it before when supposedly another country would overtake the US economy. Japan for one. Germany perhaps. Heck even the USSR at one time. Look how they all they turned at. |
Haha, yes, the world of the 80s and early 90s was one of the "rise of Japan". Of course, the whole thing was flawed because of severe demographic issues, as well as the fact that Japan is far smaller in terms of land/resources and population to the USA - something where China clearly has the upper-hand.
However, China's growth is based on some severely flawed economic principles, and the Government are actually creating a weak demographic structure (1 child policy = rising population age).
What you've said is right, though, it's very, very hard to predict what will happen... even if it looks blatantly obvious (ie. rise of China).
