View Full Version : How long before China pass USA?
gworld
Aug 20th 2005, 12:58 pm
Every body know about China fast economical expansion but they are expanding military also and I wonder how long before they become the super power and put USA in the former super power club with France,England, Russia?
fryman
Aug 20th 2005, 1:00 pm
What do you mean with "become the super war?"
gworld
Aug 20th 2005, 1:21 pm
What do you mean with "become the super war?"
The strongest economy and military in the world and replace USA, as USA did to England.
soapbath
Aug 20th 2005, 1:23 pm
USA Never did it to England, England has a underground city of which billions of dollors are made per millisecond. But I would say never.
fryman
Aug 20th 2005, 1:29 pm
You might think that USA is the top economy in the world, but that is only what they want you to think. In Europe they couldn't care less about USA
ferret77
Aug 20th 2005, 1:43 pm
I think the term you are looking for is "super power"
china will probably be caught up to us in the next 25 years, my guess at least.
Hodgedup
Aug 20th 2005, 1:57 pm
One of the key things that separates the US from other countries is pop culture. You might think England or other countries don’t care about the USA, but England is still buying a lot of American music, food, clothing, games, and movies.
I think one of the key problems with the US is the young generation. For a long period in time the US had been driven by capitalism. Capitalism fueled our technological advances, education, our hopes, and our drive. Now you have a lot of young people that really aren’t interested in making money and would rather have fun then work hard. There’s a whole group of people raised on video games and fast food. Most of these kids have never had to work growing up so once they become adults they aren’t really interested in working. They would rather watch reality TV then educate themselves or work.
It’s kind of ironic that pop culture helped the United States conquer the world and is becoming its downfall at the same time.
I think the US is still many years from falling off the top, but I think it will happen eventually.
digitalpoint
Aug 20th 2005, 2:48 pm
I think one of the key problems with the US is the young generation. For a long period in time the US had been driven by capitalism. Capitalism fueled our technological advances, education, our hopes, and our drive. Now you have a lot of young people that really aren’t interested in making money and would rather have fun then work hard. There’s a whole group of people raised on video games and fast food. Most of these kids have never had to work growing up so once they become adults they aren’t really interested in working. They would rather watch reality TV then educate themselves or work.I wouldn't say that's entirely true... I'm 29 and I wouldn't particularly consider myself lazy. In fact I could argue I fueled some advances in a few different industries already. :)
Capitalism is all about supply and demand, because if you don't do something, someone else will. In fact, I wish more people WERE lazy. Would just leave more opportunities for me. ;)
Willy
Aug 20th 2005, 3:05 pm
Has anyone happened to read The Coming Collapse of the Dollar, and How To Profit From It (http://www.dollarcollapse.com/)? If you've read the book, it'd be interesting to hear any thoughts on it; I'm thinking of buying it next time I place an order on Amazon. From the book description:
The U.S. today is the world’s biggest debtor nation, printing money with abandon to sustain the illusion of prosperity. The federal government owes $7 trillion and its debt is soaring. As a society, we owe more than $37 trillion, or about $500,000 per family of four. Our trade deficit with other countries is staggering, and to finance this mountain of debt we’re flooding the world with dollars. The inevitable result: The dollar will decline until it is displaced as the world’s dominant currency.
ferret77
Aug 20th 2005, 3:29 pm
well inspires me to bust out some more loan sites ... suckers
Its funny when you buy a decent sized purchase in cash often sales people are surprised a little, like its a given that its bought on credit or some type of financing plan.
I wouldn't say that's entirely true
You got to admit there is a lot of pasty americans driving around in cars their parents bought them, getting useless over priced degrees , worrying more about who wins american idol then then the future of the country.
But hey its probably always been like that
stephfoster
Aug 20th 2005, 4:57 pm
Its funny when you buy a decent sized purchase in cash often sales people are surprised a little, like its a given that its bought on credit or some type of financing plan.
Too true. A few years back I borrowed money from my older sister to buy a car. Yes, still a loan, but not from a bank, and that drove the salesman just about crazy. Every few minutes he'd start his financing spiel. He just couldn't get that I had my own financing and no interest in what he could offer.
Then I drove my sister nuts by paying her off extremely early.
Hodgedup
Aug 20th 2005, 5:12 pm
I wouldn't say that's entirely true... I'm 29 and I wouldn't particularly consider myself lazy.
Have you not noticed a big difference in the attitude of people our age and the ones that are 5-10 years younger?
I'm not talking about anyone past 25. I'm talking about people just now getting out of college and kids in high school.
There's been a ton of articles written about kids that are graduating college now that aren't really interested in climbing the corporate ladder and would rather just work as few hours needed to get by.
I personally know a few people in that age bracket that just aren't real interested in getting a job.
I'm not saying it's everyone, but it is a large portion of people.
soapbath
Aug 20th 2005, 5:15 pm
There's been a ton of articles written about kids that are graduating college now that aren't really interested in climbing the corporate ladder and would rather just work as few hours needed to get by.
Wow, I never would of guessed.. then again my social group love working (aka nerds, geeks what ever!) I think people are really getting to Lazy.
ferret77
Aug 20th 2005, 5:49 pm
When I was under 25 I mostly tried to stay as high as possible, I used to follow the grateful dead and live out the back of the car.
Although its probably a little less productive then going to school for woman's studies or liberal arts, I still feel vaguely superior.
How about people who live thir parents till they are like 30....
isaiasd2003
Aug 20th 2005, 6:21 pm
Every body know about China fast economical expansion but they are expanding military also and I wonder how long before they become the super power and put USA in the former super power club with France,England, Russia?
heh, china wont get there in my opinion, cause if they tried, there would be 4-5 nations fighting neck and neck over china(translation: war, and well as value of money turned in chinas favor, making crime rise and leave other nations for chinas $$ (all the illegal stuff people sell and do for money). :eek:
One of the key things that separates the US from other countries is pop culture. You might think England or other countries don’t care about the USA, but England is still buying a lot of American music, food, clothing, games, and movies.
I think one of the key problems with the US is the young generation. For a long period in time the US had been driven by capitalism. Capitalism fueled our technological advances, education, our hopes, and our drive. Now you have a lot of young people that really aren’t interested in making money and would rather have fun then work hard. There’s a whole group of people raised on video games and fast food. Most of these kids have never had to work growing up so once they become adults they aren’t really interested in working. They would rather watch reality TV then educate themselves or work.
It’s kind of ironic that pop culture helped the United States conquer the world and is becoming its downfall at the same time.
I think the US is still many years from falling off the top, but I think it will happen eventually.
hey even that nut bin laden had a pair of *nikes when he was younger. (made in china lmao, sold from USA)
You might think that USA is the top economy in the world, but that is only what they want you to think. In Europe they couldn't care less about USA
well the uk dollar is strong since they combined between countries. smart, though we'll see who wins the dollar value battle.
hey even that nut bin laden had a pair of *nikes when he was younger. (made in china lmao, sold from USA)
I'm not lying about that message above^ i saw a picture which was enlarged on the news where they showed his nikes.
sachin410
Aug 20th 2005, 8:04 pm
If you mean GDP by size of economy, by 2020-2025 China and India will be number 2 and 3 respectively in the world. Still USA will remain on top. If the communist rule continues in China even after 2025, China would overtake US by 2035-2040. But if you consider wealth per individual (percapita income etc) , China still has a long long way to go.
US economy got a big boost due to the IT boom. Somehow the European economies missed the bus. Even today most of the major IT companies are based in US. This gives US a big advantage. Combine that with the capitalist nature of the economy, innovative attitudes of the americans and political power of US , USA is going to be the superpower for next 20-30 years atleast.
ForgottenCreature
Aug 21st 2005, 4:58 pm
I think one of the key problems with the US is the young generation. For a long period in time the US had been driven by capitalism. Capitalism fueled our technological advances, education, our hopes, and our drive. Now you have a lot of young people that really aren’t interested in making money and would rather have fun then work hard. There’s a whole group of people raised on video games and fast food. Most of these kids have never had to work growing up so once they become adults they aren’t really interested in working. They would rather watch reality TV then educate themselves or work.
Do you think that is only happening in the US? I havent been out of country, but I am sure the same thing is happening over in Britian and other well developed countries. Correct me if I am wrong, but thats how I see it.
Willy
Aug 21st 2005, 5:15 pm
Do you think that is only happening in the US? I havent been out of country, but I am sure the same thing is happening over in Britian and other well developed countries. Correct me if I am wrong, but thats how I see it.
Yes, I think seeking instant gratification and the quick fix, while trying to avoid any long-term planning or personal responsibility, has become commonplace enough in the developed world, America or not.
But, as Shawn pointed out, that's all the better for those of us willing to actually work hard; as a somewhat related matter, half a decade ago I threw out the television set and haven't missed it since. I'm in my twenties, in case anyone cares.
If others my age will waste a decade or so (http://www.csun.edu/~vceed002/health/docs/tv&health.html) of their lives as couch potatoes glued to their boob tubes, hey, that's all the less competition for me. I can spend half the time they watch TV here at DP, and still study more and work harder :D Let them sleepwalk through their lives if that's all they desire.
isaiasd2003
Aug 21st 2005, 10:39 pm
Do you think that is only happening in the US? I havent been out of country, but I am sure the same thing is happening over in Britian and other well developed countries. Correct me if I am wrong, but thats how I see it.
Neh, not entirely true, as a hardcore gamer, I both work hard, and take responsibility. I'm also driven to succeed (maybe more than others around). The problem the US is having is called a backlash, inwhich teens are overly consumed by pop culture (thats that no hard work, all play attitude, thinking moneys always at their disposal-ya their parents money! lol), also there is this other problem-drugs(alot of teens in the US are consumed by this cruch, this form of take a pill sniff something and problem solved), what I have to say about them is live your on f***ing life don't ***k around taking drugs just to live some imaginary life, life is tough, its challenging, it can be cold, it can be alot of things, but by drugs your not even living life, your living in lala land, screwing ur brains over in most cases permanently). Besides that, young parents don't give a crap about their kids til its too late and they screw themselves, roughly speaking. So basically video games isn't so much the problem, for example, you'll begin to see gamers getting involved with the industry more later in life, like when their parents kick em outta the freakin garage! lol, Also xbox is gonna be a big hit, I suggest to invest in it somehow, don't say I never told u so.:D ps3 is gonna suck a bit, since they have no real grounds toward what they wanna do with it. They really should of responded to my 1 e-mail out of the billions of e-mails they get :D I could of helped. lol, and if their by some miracle reading this message, I can still help :D
ps: I always plan for the future. Even some stuff that may not even come to pass. Just gotta have all bases covered.
isaiasd2003
Aug 21st 2005, 10:50 pm
Yes, I think seeking instant gratification and the quick fix, while trying to avoid any long-term planning or personal responsibility, has become commonplace enough in the developed world, America or not.
But, as Shawn pointed out, that's all the better for those of us willing to actually work hard; as a somewhat related matter, half a decade ago I threw out the television set and haven't missed it since. I'm in my twenties, in case anyone cares.
If others my age will waste a decade or so (http://www.csun.edu/~vceed002/health/docs/tv&health.html) of their lives as couch potatoes glued to their boob tubes, hey, that's all the less competition for me. I can spend half the time they watch TV here at DP, and still study more and work harder =D Let them sleepwalk through their lives if that's all they desire.
^^Dudes got a point there :D . Can't wait to be my old bullies Boss LMFAO . Hey, it'd actually be a nation of smart leaders for once :D. Nerds will rule! ( uh i'm not quite offically a nerd, but u get the picture, I'll be the vice president and some nerd will be president :D just an idea ).
Please don't send hate mail :(
toocoolforschool
Aug 22nd 2005, 12:05 am
China's economic boom can't sustain itself. It'll go bust soon enough (a decade or two) much like what happened to the Koreans. South Korea suffered terribly along with most Asian countries in 1997, and it's this crisis that China stepped in to take advantage off. Most of China's massive advances started after 1997. It's not a coincidence.
Will China ever overtake the U.S.? Probably not. Will the U.S. ever fall? Probably. It's anybody's guess who will "overtake" the U.S., if anyone overtakes them at all, or if every country falls into the same level of, I guess, "non-superpower status".
At the moment China is filling its oats, but that won't last. Ask any economist NOT living in Asia and they'll tell you China's current rate of expansion cannot possibly sustain itself. It won't collapse, per se, but it will slow down and take a terrible tumble. Look at what's happened to the Euro, after getting over the Dollar for so long.
Strictly speaking from an economic sense, China can push and push, but they will never overtake the U.S. It's simply a matter of systems -- there are still too many hurdles to doing business in China for it to gain major footholds in the international market.
And really, people still talk about "made in China" goods with a snicker. That's never a good sign.
toocoolforschool
Aug 22nd 2005, 12:10 am
Yes, I think seeking instant gratification and the quick fix, while trying to avoid any long-term planning or personal responsibility, has become commonplace enough in the developed world, America or not.
Good point. I have to laugh when non-Americans try to claim some kind of superiority points by pointing to Americans as having a monopoly on the disease of instant gratification. As if half of Europe wasn't constantly cutting down the average work week more and more even as their economies sink further and further. I.e. for all the crap Americans take for bieng "lazy and in need of instant gratification", we probably still work more per week than most of Europe. At least I know we work more than the French.
ViciousSummer
Aug 22nd 2005, 12:42 am
...There's been a ton of articles written about kids that are graduating college now that aren't really interested in climbing the corporate ladder and would rather just work as few hours needed to get by...Of course a kid that just spent their entire life in school is not going to answer, "I can't wait to throw on a suit and slave away the next 50 years of my life for the man!!". That doesn't mean that this generation is lazy. ;) Every single one of my friends is super motivated and 75% of them own their own businesses.
yo-yo
Aug 22nd 2005, 1:18 am
I agree there are too many lazy ass kids these days that do nothing but watch tv and play games , instead of socializing and getting exercise.
But I also think the world is to mixed up in "working hard" that people never really get a chance to just be free.... you spend your entire childhood/teen years in high school.. when you get out your pressured to go directly into college, where you get all sorts of big loans (on top of a car loan for those who dont have rich parents)... you spend 2-4 years in college and as soon as you get out your forced to go directly into some job, b/c you have all these huge loans to pay off. Then you buy a house and spend your entire life just trying to pay bills... I envy the european work week... and all the holidays...
digimania
Aug 22nd 2005, 2:51 am
We can't really tell an exact time frame here--but as Globalization continues to grow and China invading the International Market wihth enough protection and support on their own economy it won't be impossible for them to level with or even surpass US economic status.
Hodgedup
Aug 22nd 2005, 7:01 am
Of course a kid that just spent their entire life in school is not going to answer, "I can't wait to throw on a suit and slave away the next 50 years of my life for the man!!". That doesn't mean that this generation is lazy. ;) Every single one of my friends is super motivated and 75% of them own their own businesses.
I’d say that is the exception not the norm.
Generally like-minded individuals are attracted to each other. Look at DP. About 80% of the people here are here because they have site(s) they are trying to promote (either their own or a company’s they work for). They are mostly self-starter type of people. They, also, know several similar types of people. Their attitudes are a lot different then if you went to a mostly teen or college forum.
I’m not saying that every college and high school kid is lazy or unmotivated, but I think the work ethic level of “generation Y” as a whole is significantly lower then it has been in prior generations.
Maybe a large part of it is just more of a sense of self-empowerment that is labeled as laziness.
noppid
Aug 22nd 2005, 7:07 am
well inspires me to bust out some more loan sites ... suckers
Its funny when you buy a decent sized purchase in cash often sales people are surprised a little, like its a given that its bought on credit or some type of financing plan.
You got to admit there is a lot of pasty americans driving around in cars their parents bought them, getting useless over priced degrees , worrying more about who wins american idol then then the future of the country.
But hey its probably always been like that
Welcome to the United Corporations of America driven by the instant gratification generation!
I think Shawn is very likely to get his wish of more lazy people. In fact I'm convinved he will. However, I have to wonder if our land of opportunity will still exist to take advantage of it. :/
relixx
Aug 22nd 2005, 7:22 am
Personally I don't think China will become the next superpower (but i could be wrong) but the thing to remember is that no empire lasts forever, so America will eventually be surpassed by another country.
Critters
Aug 22nd 2005, 8:26 am
Never, the USA prob compile the stats and set the requirements, if Chana made more Nukes they would base the world super-power-ness scale on average weight of a countries citizens or something. or nothing.
We all know England is the world super power, more specifically the south east of England, more specifically Berkshire, more specifically Maidenhead, more specifically my shead with its gateway to the "other side"
debunked
Aug 22nd 2005, 8:29 am
Never, the USA prob compile the stats and set the requirements, if Chana made more Nukes they would base the world super-power-ness scale on average weight of a countries citizens or something. or nothing.
We all know England is the world super power, more specifically the south east of England, more specifically Berkshire, more specifically Maidenhead, more specifically my shead with its gateway to the "other side"
People did say you have a big head, but how big is it really?!?!!?
:eek:
:D
ForgottenCreature
Aug 22nd 2005, 8:46 am
But, as Shawn pointed out, that's all the better for those of us willing to actually work hard; as a somewhat related matter, half a decade ago I threw out the television set and haven't missed it since. I'm in my twenties, in case anyone cares.
I agree. I think the people that will be working hard in the future are those who didn't grow up on their mommy and daddies money. People who didnt have all the luxories of the rich. Once you are in that kind of enviorment you already think you have it, so theres nothing worth working towards. Then they realized in the real world that it is not as easy as it was when a kid, and they are screwed. I think the hard workers will be those who grew up in a tougher enviorment.
kthor
Aug 22nd 2005, 9:39 am
China will overtake the US in terms of Economic might when they learn how to develop
there own Technology instead of just copying them. Righ now they are just trying to startup with that which would probably take a few decades depending on how much they spend on R&D..
kthor
Aug 22nd 2005, 9:54 am
Has anyone happened to read The Coming Collapse of the Dollar, and How To Profit From It (http://www.dollarcollapse.com/)? If you've read the book, it'd be interesting to hear any thoughts on it; I'm thinking of buying it next time I place an order on Amazon. From the book description:
Health of nations are measure by way of government able to pay for it's debt.
the US since it's independence from the UK have only manage an economic surplus like 50 years out of over 230 years. it'd actually nice if the dollar
gets weaker compare to other currencie because that would mean that
our made is USA products would be cheaper to buy outside of the USA and be attractive to foreign buyers.
I think that book been around a while- I seem to remember that from when I was 12 years old (ya I started my business
career when I was 12.)
""The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $40,100. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy considerably greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products.""
kthor
Aug 22nd 2005, 9:58 am
one more thing, if and when people in the US learns how to buy our made in the USA
products, then our debts will lower.
look at Germany, they have like 11% unemployment rate, but they still commands
a huge trade surpluses. why? people buy local made products and such.
mightyb
Aug 22nd 2005, 10:15 am
You cant just say, yea China will take over in 20 years time. Its much more complex than that. You actually need much more information just to make a prediction. Who knows, we will have to wait and see.
Dreamshop
Aug 22nd 2005, 12:11 pm
There's been a ton of articles written about kids that are graduating college now that aren't really interested in climbing the corporate ladder and would rather just work as few hours needed to get by.
HOdge...the same thing is pretty much said about every generation.
Don't you remember the whole Gen X slacker thing? There was the exact same sentiment about our generation ten years ago, yet what I see now is that my friends are more successful AND happier than my parents and their friends ever were. Pretty much everyone I know around my age avoided the traditional career route, did lots of extended travelling, jumped through several different jobs, etc...but they're all getting what they want (some of them retiring at the age of 40).
I'm all for people freewheeling their way and exploring stuff before settling into work. Life is too short to spend 40 years of your life stuck in a cube. :rolleyes:
Hodgedup
Aug 22nd 2005, 12:19 pm
HOdge...the same thing is pretty much said about every generation.
I think to some extent it's probably been true every generation as a whole.
I do agree with people need to enjoy life and have a good balance.
I guess this new generation just needs a little more time so that everyone can see what they're going to do or not going to do.
I mean look at all those hard workers from our grandparent's generation. They're not doing much right now.
Dreamshop
Aug 22nd 2005, 12:30 pm
I think the hard workers will be those who grew up in a tougher enviorment.
Not necessarily....it's really all about passion and dedication. If people find something that inspires them they're often driven to succeed regardless of whatever their background was.
My s/o and his friends all grew up in fairly stable and affluent homes. They weren't crazy rich, but they all had comfortable lives (nice homes, private school, good colleges, etc) and parents that never got divorced. Unlike myself they DIDN'T have to work while in highschool or college...that was all taken care of for them. They're some of the most successful people I know right now and they all work in the game industry doing stuff they love to do. :cool:
Willy
Aug 24th 2005, 5:35 pm
Here's a recent BBC story for you Yanks to chew on:
http://news.bbc.co.uk/1/hi/magazine/4172504.stm
Some notable excepts:
...there is furious bewilderment here in the universities and the higher levels of business at the chilly indifference - not to say hostility - of the Bush White House to science.
Funding university research for that has been falling through the first Bush term and is now about half what it was in 2001.
All told, anyway, America now ranks sixth in the world in the percentage of its wealth it spends on R&D. Yet the downward trend isn't solely the result of the parsimony of "the hick in the White House", as one motor mouth put it.
...Fewer of the Nobel prizes go to American scientists, down to about half from a peak in the 90s. Papers from Americans occupied 61% of published research in 1983, now the total is just under 29%.
It may not get better soon since a higher proportion of young Americans are opting for better paid law and medicine over science and engineering and visa restrictions on bright foreign students further dilute the talent pool. "The rest of the world is catching up," says John E. Jankowski, a senior analyst at the National Science Foundation.
gworld
Aug 24th 2005, 5:40 pm
Here's a recent BBC story for you Yanks to chew on:
http://news.bbc.co.uk/1/hi/magazine/4172504.stm
Some notable excepts:
You don't get it. They don't need science, they have the Bible, plus more and more of them have started to speak directly with God (at least 3 on this forum) who knows everything. :D
Willy
Aug 24th 2005, 6:07 pm
You don't get it. They don't need science, they have the Bible, plus more and more of them have started to speak directly with God (at least 3 on this forum) who knows everything. :D
Please, gworld, let's not turn this thread into another monster (http://forums.digitalpoint.com/showthread.php?t=22153) :)
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