| The US also has its deficit concerns, an aging population about to retire and rising medicare and welfare costs. On top of that you have the UAE and other countries slowly exchanging dollars for Euros, you tell me which way it seems to be going.
As for the chinese, they are apprently growing at a horrific rate, although we don't really know what the figures are for sure. They will definitely become a world super power at some point. The question is really how is that going to affect the whole balance of power in the world. Also the chinese currency has recently been depegged from the dollar so the chinese yuan is rising relative to the dollar. Exports are a major part of Chinas economy and at some point there currency is going to become too high relative to other producers in the region such as Japan.....so that should put the effective breaks on Chinas economy to a large extent.
I wouldn't recommend sex, drugs and insanity for everyone, but its always worked for me.
Never think that war, no matter how necessary, nor how justified, is not a crime." (Ernest Hemingway) |