By using this site, you agree to our Privacy Policy and our Terms of Use. Close

General - . - View Post

Turkish said:
haxxiy said:
2020 China will be the largest economy. 2025 will surpass it's military budget. 2030 it will be nearly twice as large as America. 2035 our kids will be listening only to C-Pop, learning Mandarin and buying their chinese cars.

Yeah.


That doesn't mean America isn't the leader anymore. The US military force won't have a real problem dealing with China even if Chinese spending surpasses the US. The Chinese are spending their money on technology already built by Americans while the Americans are developing newer ones thanks to their development foundations in the previous decades. The Chinese have a long road ahead surpassing the US in science: http://www.scimagojr.com/countryrank.php

Furthermore, English being the lingua franca will also help the US sit at the throne, the American cultural impact on the world won't be surpassed by anyone atleast in the next 50 years.

You are clearly underestimating the rate of change in the 21st century. Back in the 19th century, when America first surpassed Europe in the first economic super-cycle, her economy was growing 1% over Europe's on per capita terms. China is growing at eight times that rate because it's so much easier to catch up than going from an even baseline to developed status like in the late 1800's. Look up the convergence theory and diminishing returns. 

By 2030, accounting for dollar inflation, their GDP in nominal terms should be a order of magnitude above current values, while the US is growing two and a half times. China's income per capita is going to grow a mind boggling 43 times compared to 1980, compared to 2.5 times in the west. Never before there was a dominance shift this order of magnitude in the planet, not even in the first industrial revolution.