nowday you can buy citizenship in any country as long you have money or brain you will get green card to stay in that country you like, most goverment are worry about there are to so many useless and lazy with no exprience people no one want to give them job what to do with them
now china goverment plan is to send half educated people to other country to have better future for them so chinese people is moving out and build mega project in return to live there by work hard
this fight is not about country it is imbalance beween rich country and poor country it very important to balance between educated poor and educated rich to live in harmony and , it is easy to fight with poor people but not with educated poor people china goverment is worry about gap b/w educated rich and educated poor,
china is allready world largest economy, how economist predict china is the second largest economy? country who already control world economy,every country dependent chinese,, media always hypocrite and hide reality ''American people deserve to hear and understand whats going on around world economicaly''
@Strugglle The Chinese economy is a 5 trillion dollar economy. The United States is a 14.5 trillion dollar economy. The third largest economy is Japan which is just a little over 5 trillion dollars.
@chairde China has a 1.4 billion people and as of now 64% of the World´s steel production(that´s 461% more than the USA), produces 40 times more cement than the US (2802 vs 63), produces 50% of the world´s coal(4.13 times more than the US), has almost double the number of internet users and even surpasses the US in broadband. China holds 3.6tr$ american dollar. The US has 142 bn, just 5% of the chinese figure. This excesive trust in the power of the dollar,misleading
@Strugglle I just saw the 2011 results of economies by countries. The US is presently over 15 trillion dollars. China is 11 trillion. Japan has gone down the list and India is now the third largest economy.
@chairde The chinese have three times as many cell phones as the americans, and produce 23% of the world´s motor vehicles(four or more wheels, we are not talking bykes here)- in total 18.2 million units as of 2010. American production for that year was 7.7 million. We could go on and on but maybe some other day.
Really, this GDP figures are misleading. First, often they are not PPP (and sometimes for good reasons).
@chairde how Many of the major firms in the S&P500, for example, now earn 75% of their income from china? don't trust anyone do your own research thn you will understand whats going on, i am out this topic thanks for reply.
For much of the last 20 years, economists have forecast the demise of the Chinese economy. It seems to be lost on them that since the global economic crisis of 2008, the Chinese economy has grown a combined 40%. China bears have predicted a Chinese equity market crash every year for the past 20 years and every year they have been wrong. - (Forbes article 12/06)
Predicting the future is never accurate, you can only look back at what has happened.
The world is going be in chaos if China take over the place of USA since china is a selfish country and remember they are communism do you truly think cummines will play the rules right? China has intension to economy over take the world but China has nothing that the USA is.
The chinese have to make sure that the money earned trickles to the people. Because that's how a domestic market develops. Politically it is expedient because they won't be at the mercy of foreigners buying chinese made products. Ultimately this will solve this problem and keep protests muffled if people are content.
Forecasting the next 20 years is not so difficult when you have the facts..For example 9 of the 10 most valuable global corporations are American....Look it up...The 21st century will be about automation and innovation and who has the cheap electricity to run our machines... The US has the cheapest electric rates in the world,the future is certain...
China isn't rich. The coast is. Want to talk about the long march? Mao raised an army of poor, peasants in utter poverty. China reverted to having a pre-communist caste system.mChina grows fast, but it's badly fragmenting.
@BLUDDYknucklez I don't care if it's large. It's impossible for an economy which relies on bad debts to keep tanking. Only the coast is rich. Chances are that before it beats the US, China will be a flaming wreck.
@DACSHUNDS you sound awfully like Gordon Chang, the guy who's been predicting china to collapse for more than a decade ever since its 2001 inception into the WTO
Do u know, China invested 4% GDP in urban poor area. YES, they built 86 million sq/mt apartmt 4 poor, YES, They invest nationwide free internet center for poor farmer to sale stock, food, etc, built 140 airports, 24 power plants, on going 300kmph bullet train to 20,000km on going,
A true role model of z world, WAKE UP SHEEPLE, TRUE media & gorvmt is american need
Go to China see urself ! Just checked, IMF said: China today already reach $11.2 trillion, from 8 month ago at $4.8 tn, short 3.5tn compare to U.S 14.7tn. i bet China will surpass USA in 9 month,
China house hold income in 2011 is now $6,700 & rising,
China has concecutive growth ave at 10% for z past 30 years.
The China-USA Gap become wider & wider, their cloud computing, alternation energy dev, large scale hoiusing,infrausture build up, has no end sight
Just one year before he said China household at $80/month?? In 2011, IMF report is $6700 a year or $550 per month,
He should do his homework !!
IMF report China will surpass z U.S in 2016, actually China's GDP already reach $11.2 trillion today, i bet another 1 year, China will surpass U.S 14.7 trillion
China's GDP in 2025 will be $123 trillion, double global GDP combin is expected
A classical WW I & II analyst is Olaf Stapledon; author of Last and First Men; and, Darkness and Light. Stapledon was a British professor and early Science Fiction author who had a remarkable facility to project the future of humanity.
Stapledon dealt with the futures of England, Germany, America, Russia, and China. Harvard professor Lothrop Stoddard is also a worthy analyst for early race comparisons. George Friedman's Future Studies seem positively hopeful compared to Stapledon and Stoddard.
this dude is ignorance chinese economy development, Middle Class Consumption in China of high brand consumer is 200 milion people who earn a year 20,000$ or more, i,ve been twice in china last year alone you can't imagine what's going there, the KFC kentucky fried chicken third querter alone of net profit 5 bilion dolar company they can't even get the entire a year in U.S market this guy need public attention need to sel his book just tryin to make profit HuH.
this guy exaggerate things. 1 billion people earn 6 dollar a day and only 16 million earn more than 20000 a year? just search it anymore shanhai metro have population 20 million, bejing 15 million, shenzehn, guanzhou, harbin, shenyang all have population over 10 million and their standard of living is over 20000 a year how did this guy did the math? China middle class have over 100 million earning more than 20000 a year, and i doub the 1.2 billion earn less 6 dollar a day.(look at china gdp)
@allyoucouldhave More money doesn't mean that person is rich. In fact, more money in the market means inflation or hyperinflation is right on the way to hit you hard.
The real consuming power comes from the standard of living due to the strong currency and overall economy performance.
@superstud666 agreed. The chinese development model is having political interference in the economy via state ownership of banks. How badly is this going distort their economy? It might catch up with them in the future.
@PawnBACM I'm not going to bother. I'll just ask you to look at the 2000 federal spending levels, and compare them to today's. Can't seem to discuss anything with you without you insulting me so I'm not interested in taking this any further.
this george friedman will eat his own words 10 years late, as other self-labled professors in 60s, 70s, 80s, 90s, and 020s....
the funniest part is he said 'the government spent lots money on PLA but not on technologies and equipments to challenge USA but internal security and to keep PLA loyalty' lol, acting he knows every single penny the chinese governmant spent on its military budget` do u know 'professor' the amont of an ordinary PLA soilder earns 1/5 of american soilder does`! :D
@Thunderwavia I dont care if u are american, u smell like one coz u been kissin one's ass. the point is u said," the Japanese economy did collapse, stagnated, dont you know of this? Oh wait you are from China, I see
ignorance is bliss for you" -- i educated u that stagnated =/= collapse, and hat was before the tsunami
LRN to debate, address the point.. LOL dont bother to reply, retard
@hongster76 so i guessed u were american, i was once wrong. u guessed i was american, then chinese, u guessed wrong twice (two times). now i am guessing u r japanese, and died when the tsunami hit.
chinese living costs are low, thus their low wages buy alot more goods with fewer dollars.
stratfor has been calling for the collapse of china for 30 years. stratfor is a terrorist organisation. i think the chinese secret service needs to deal with stratfor and its people.
@kekvirag1 I'd like you to explain that. Maybe America has a shot if they and Russia do collapse. China has cornered the rare earths markets and they, along with Russia, have bought up every right they could, including some in the Middle East, while America has been going deeper in debt to fight "wars". Their GDP is almost at $9Trill and they are debt free. What's more, they have a larger labor and academic sector, individually, than America has people and are coming off a bumper rice crop.
@Srd1126 China barely owes 300 billion dollars of external debt, as opposed to America's $14 Trillion. Further, they have been been buying vast resources and rights in the last 4-6 years while America has been wasting endless money and doing nothing about its debt. That's just for starters. Try looking at the CIA fact book, census web site, or a variety of other things.
@PawnBACM I have looked at other things, Freiddman's other book for instance shows how weak and in debt most Chinese companies are. I agree America has been wasting money (so-called stimulus, Obamacare, high-speed rail proposed) but China is not in as good of shape as everyone makes out. In my lifetime it has gone from the USSR will bury the USA to the Japanese to now China. China may very well be peaking, bad demographics and poor people hide behind the shiny surface.
@Srd1126 I don't think China is close to peaking. I would agree that a great deal of taxpayer money gets wasted, but would debate what it has been wasted on to date.
@Srd1126 lol sound as if u'v lived in china! another ignorant brain.
in 2009 china has over 750million cell phones, in 2011 is well over 800 million. and over 400 million internet users, if as that guy said china is so poor how could they by those cell phones and computers?
Demographics? I'm a Public Health studies major. It's a shame people who don't know anything about population, health, and development use such terms flagrant as you do.
@PawnBACM You seem to know a lot about debt. Can you explain something to me? I'm confused. America owes $14 trillion but yet, it is still the strongest country in the world. What I want to know is, how does this debt affect the country? This country still goes up into space, still has a strong military with latest weapons, still buying everything and etc. To me, this debt looks invisible. I just don't get the whole debt thing.
@megamunchit2008 You can't be serious. Okay, if it's nothing, then maybe America should just pay it off. LLLLLLLLLOOOOOOOOOOOOOLLLLLLLLLLLLL. America is SCREWED.
@PawnBACM I'm asking for an explanation. Don't you know how to explain what you know about? I am not doubting you. I just want an explanation. (IN DETAIL)
@megamunchit2008 What do you know about money supply, trade deficits/surplus, percentage of US currency held abroad/domestically, mineral rights held abroad/domestically, and the industrial and infrastructure conditions and modernization status for America, China, Russia, Germany, Saudi, Canada, Britain, and at least a handful of countries on every continent on the planet? It's a global macro thing that consists of various micro issues for each particularly country and the resulting interaction
@megamunchit2008 Long story short, America is gradually becoming a retail and services based economy; as in the person that mows your yard or flips your burger provides a service and the person that sell you a shirt or a mower or a whatever sells a retail good. Retail and service economies have one stream of income. Manufacturing, industrial, and technological countries provide several streams of income and, MOST IMPORTANTLY, CREATE Wealth. They don't sell wealth for a cut, they CREATE it.
@megamunchit2008 That's why countries like China are essentially in the black and have been buying massive minerals, rare earths, etc. They CREATE the things that give them the money to push forward and the money, buying power, wealth, ends up increasingly there. It's like owing someone money on interest and they are the only source of money to begin with; that's an exaggeration, but it's essentially the status quo. America isn't just 14T in debt; It LOSES 50 billion a MONTH just to China.
@megamunchit2008 Think about that when you hear politicians talking about how the rich and corporations, who pay so very little to begin with , shouldn't be taxed. They recently got done talking about how the latest budget cuts were going to save 500 billion dollars over the next ten years. woohoo NOT. Here's the thing; America is going to get its ass kicked by over 500 billion dollars on trade BEFORE you ever see 2012. That's barely scratching the surface of the REALITY America is screwed.
@PawnBACM I can bet you America won't be screwed. China will never become more powerful than the US. China is a communist country. Who wants communism to rule? America has entertainment, war, weapons, sex entertainment, technology (Bill Gates), tourism and etc. to boost up it's economy. All industries mentioned are biggest cash cows. Personally, I fucking hate America. They bomb every and any fucking country they want. But also, I don't want China to rule. Chinese people are kinda fucked up.
@PawnBACM But anyways, thank you for explaining that. It all makes sense. I learned something like this in my economics class years ago. But I don't remember everything.
@PawnBACM The top 2% of the US population pays for 40% of the countries taxes. The bottom 47% of Americans don't pay any personal income taxes. And the rich don't pay enough? Also, look at the Regan tax cuts and the effects it had on the economy and you will see why tax cuts are so beneficial for the economy. Research it :)
@SCRuBSfANdB That's hilarious and I have researched it, a lot actually. I find it interesting, besides the fact it is factually untrue anyway, you're so big on exclaiming 47% of Americans don't pay any taxes. Woo-hoo; the country with the largest economy/GDP in the world, 50k PER CAPITA, can't even support an economy that allows almost HALF (I love your numbers) of JUST its work force, nevermind per capita, to break 10K a year. You're a real fucking genius too I bet.
@PawnBACM I was simply pointing out that the rich pay more than their "fair share". I was also pointing out that cutting taxes leads to higher economic growth (that will lead to lower unemployment). I don't see why your being so hostile. I was being nice.
@SCRuBSfANdB That's funny; their "fair" share. The wealthy of America, and particularly corporations on their profits, pay comparatively little compared to other industrialized countries. Multinational corporations don't incorporate at islands because the weather is nice there or set up shop in third world countries because they love the sociological conditions or the concern for the environment and desire to reside there. It's strictly about money; not investing in people or countries.
@SCRuBSfANdB I wasn't being hostile. I was simply being real. The only thing that was even arguably good for America economically in the last thirty years was Bill Clinton's tax and bond strategies, but even during his tenure I would take issue with certain factors that have added to America's trade deficit and dismal economic condition given the way the country was inclined to head outside those two terms. "Free trade", given America has never really had a "free market", has been destructive.
@PawnBACM "You're a real fucking genius too..." is kinda uncalled for. But back to the discussion. Clinton's success and ability to raise taxes would have never been a option if it had not been for the rapid Economic growth of the 80's (reganomics). Taxation wasn't what gave Bill Clinton a surplus either. Spending was much lower than it is today. Social Security, Medicare, and medicate were all spending 1/2 as much as now. Granted, This also applies to the military, but we are in 3 wars.
@SCRuBSfANdB WTF? It would take about 3 posts to respond to all that opinionated drivel and I am not even sure of your basis. I was questioning your sanity until the last sentence. Maybe you could elaborate one one of your assertions, if not all of them, prior to the last sentence and provide some facts and data and I would be happy to respond. I definitely agree with your last point, and that is certainly mostly a Republican thing, be it congressionally-declared, quasi/covert, religious, etc.
Have a little reality check and watch "Paul Craig Roberts - How The Law Was Lost HD". It's a must must see for people like you on infokriegBerlin's channel.
Here's the description:
Father of Reaganomics Paul Craig Roberts discusses how the American middle class is being systematically dismantled by means of destroying the ladders of upward mobility and offshoring US manufacturing as well as skilled jobs to China and India. . . . .
America is lecturing China on excess accumulation of 'bad' non-performing debt?
STRATFOR, (George Fried is CEO of Strafor) said that subprime loans was not a problem leading up to the 2008 crisis.
Let's put it this way: America has lots of experience with bad, non-performing complex derivatives known as 'sub-prime' mortgage, and couldn't even predict this for themselves. Now you geniuses are predicting China will collapse because of bad loans.
I have to wonder if in a few years we will look at China and say, "we were afraid of THIS?" In my lifetime we have gone from fear of USSR to Japan and now China. Each time what appeared a strong country was nothing but a fake house-front like a famous episode of "Amos and Andy."
To George Friedman ," if you wants to beat your enemy ,know your enemy first. "go to China to get more informations. hide in a little room ,you konw nothing about outside world.
Hahahaha..what's a fool ? i am sure this guy,who is this guy ? George Friedman ?i am sure he never been to China .and he maths is poor. he don't know 1 billion how many 0 ....his book only for his family to read.
I've been hearing for at least 25 years that Chinese economic growth can't continue and they're going to crash- and some day someone is going to be right about it but this guy said nothing that convinces me he knows anything.
@billybobhobnob101 You need to read his book. He gives additional information concerning China. To me it sounds quite plausible. Check out The next 100 years. Interesting read...
are you fucking kidding me, all the chinese i know of have ipods, ipads, computers, even my grandma who lives in a small town, retired while living off welfare money just bought a flat screen tv last month, where did Friedman got his info from? 20 year old newspaper?
chinese military are building up for homeland and regional security, and protecting its trade routes, not for dominating the world or challenging america......
@triggersots4686 And who`s a threat for that regional security you`re talking about? China is not just a regional player with several regimes that it`s bcking up, like in N. Korea, Vietnam, Burma (Myanmar) and Nepal. It has as well interests in Africa and S. American, it`s evident especially in case of Sudan, which China sells weapons for oil.
Don`t get me wrong, i don`t see it necessary as a bad thing, it depends, but China`s acting like it`s caring for its interests, which is normal.
@MaximusProteus The regional security is not so much threatened from outside as from the inside. China is, from a geopolitical standpoint well protected with abundant natural borders. To really matter in the world and secure its trade route China would have to build a navy. And building a navy takes enormous resources and time. Internal problems and a decline in economical growth will hit China long before a fleet is built.
@thfall That`s the way it is in a multinational, multilingual and multireligious state, there are always separatist moves. But you don`t need a big army, tanks, air forces and especially fleet to stop these...
Can`t see any problem about that, if S. Korea can have a highly developed shipbuilding industry and a fleet, China can make it too, but this is not so important as you wants to put it, you can always buy ships in some other place.
@MaximusProteus You need a fleet to ultimately control trade. If you rule the oceans you rule the world. If you argue with that point you have no idea how things work.
@triggersots4686 "Welfare" was the key word in your post. As Georgie here explained the Chinese are exporting goods and i would add selling as well under profit margins. Subsidizing a product by lowering it's cost in hope of satisfying a customer does not work and leads to collapse. Just like what happen with the lending crisis housing market in the U.S.
The funny thing is.... Internal security budget is $95 billion, whereas China has an entirely separate budget of $92 billion for military spending. Friedman thought China uses it's military for internal security.
They are two entirely separate budgets.
Also, China didn't triple her military budget in just 10 years, just to pay their soldiers to be happy-clappy with their government... Most is spent to modernize to capture Taiwan. DF-21, J-20, etc... are all good examples
Yeah Japan use to be #2 till they got fucked by the big earthquake dick.....feel sorry for them man, wish them the best.
korn4422 1 day ago
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nowday you can buy citizenship in any country as long you have money or brain you will get green card to stay in that country you like, most goverment are worry about there are to so many useless and lazy with no exprience people no one want to give them job what to do with them
charles789789 1 month ago
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charles789789 1 month ago
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charles789789 1 month ago
now china goverment plan is to send half educated people to other country to have better future for them so chinese people is moving out and build mega project in return to live there by work hard
charles789789 1 month ago
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this fight is not about country it is imbalance beween rich country and poor country it very important to balance between educated poor and educated rich to live in harmony and , it is easy to fight with poor people but not with educated poor people china goverment is worry about gap b/w educated rich and educated poor,
charles789789 1 month ago
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charles789789 1 month ago
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charles789789 1 month ago
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charles789789 1 month ago
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charles789789 1 month ago
china is allready world largest economy, how economist predict china is the second largest economy? country who already control world economy,every country dependent chinese,, media always hypocrite and hide reality ''American people deserve to hear and understand whats going on around world economicaly''
Strugglle 2 months ago
@Strugglle The Chinese economy is a 5 trillion dollar economy. The United States is a 14.5 trillion dollar economy. The third largest economy is Japan which is just a little over 5 trillion dollars.
chairde 5 days ago
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@chairde China has a 1.4 billion people and as of now 64% of the World´s steel production(that´s 461% more than the USA), produces 40 times more cement than the US (2802 vs 63), produces 50% of the world´s coal(4.13 times more than the US), has almost double the number of internet users and even surpasses the US in broadband. China holds 3.6tr$ american dollar. The US has 142 bn, just 5% of the chinese figure. This excesive trust in the power of the dollar,misleading
Strugglle 5 days ago
@Strugglle I just saw the 2011 results of economies by countries. The US is presently over 15 trillion dollars. China is 11 trillion. Japan has gone down the list and India is now the third largest economy.
chairde 5 days ago
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@chairde The chinese have three times as many cell phones as the americans, and produce 23% of the world´s motor vehicles(four or more wheels, we are not talking bykes here)- in total 18.2 million units as of 2010. American production for that year was 7.7 million. We could go on and on but maybe some other day.
Really, this GDP figures are misleading. First, often they are not PPP (and sometimes for good reasons).
Strugglle 5 days ago
@chairde how Many of the major firms in the S&P500, for example, now earn 75% of their income from china? don't trust anyone do your own research thn you will understand whats going on, i am out this topic thanks for reply.
Strugglle 5 days ago
LOL i heard naysayers like this guy hundreds of times and every time they were proven wrong. I prefer to wait and see for myself.
imjsutthatguy 2 months ago
For much of the last 20 years, economists have forecast the demise of the Chinese economy. It seems to be lost on them that since the global economic crisis of 2008, the Chinese economy has grown a combined 40%. China bears have predicted a Chinese equity market crash every year for the past 20 years and every year they have been wrong. - (Forbes article 12/06)
Predicting the future is never accurate, you can only look back at what has happened.
blueice990 3 months ago
The world is going be in chaos if China take over the place of USA since china is a selfish country and remember they are communism do you truly think cummines will play the rules right? China has intension to economy over take the world but China has nothing that the USA is.
Deathdig999 3 months ago
The chinese have to make sure that the money earned trickles to the people. Because that's how a domestic market develops. Politically it is expedient because they won't be at the mercy of foreigners buying chinese made products. Ultimately this will solve this problem and keep protests muffled if people are content.
redwhitedude 3 months ago
Forecasting the next 20 years is not so difficult when you have the facts..For example 9 of the 10 most valuable global corporations are American....Look it up...The 21st century will be about automation and innovation and who has the cheap electricity to run our machines... The US has the cheapest electric rates in the world,the future is certain...
ClarksonsinUSA 5 months ago
Do you idiots saying he's wrong know who he is? Go do some research.
Rauri26 5 months ago
you can shove that up your ass
ervin920 5 months ago
They just had a growth spurt. Everyone does.They they get older. They get sick. They get smaller.
DACSHUNDS 5 months ago
China isn't rich. The coast is. Want to talk about the long march? Mao raised an army of poor, peasants in utter poverty. China reverted to having a pre-communist caste system.mChina grows fast, but it's badly fragmenting.
DACSHUNDS 5 months ago
@DACSHUNDS China isn't rich? It's the 2nd largest economy in the world now. You're still living in the 1950's.
BLUDDYknucklez 5 months ago
@BLUDDYknucklez I don't care if it's large. It's impossible for an economy which relies on bad debts to keep tanking. Only the coast is rich. Chances are that before it beats the US, China will be a flaming wreck.
DACSHUNDS 5 months ago
@DACSHUNDS you sound awfully like Gordon Chang, the guy who's been predicting china to collapse for more than a decade ever since its 2001 inception into the WTO
blueice990 3 months ago
Do u know, China invested 4% GDP in urban poor area. YES, they built 86 million sq/mt apartmt 4 poor, YES, They invest nationwide free internet center for poor farmer to sale stock, food, etc, built 140 airports, 24 power plants, on going 300kmph bullet train to 20,000km on going,
A true role model of z world, WAKE UP SHEEPLE, TRUE media & gorvmt is american need
energyalt56 6 months ago
Go to China see urself ! Just checked, IMF said: China today already reach $11.2 trillion, from 8 month ago at $4.8 tn, short 3.5tn compare to U.S 14.7tn. i bet China will surpass USA in 9 month,
China house hold income in 2011 is now $6,700 & rising,
China has concecutive growth ave at 10% for z past 30 years.
The China-USA Gap become wider & wider, their cloud computing, alternation energy dev, large scale hoiusing,infrausture build up, has no end sight
energyalt56 6 months ago
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Just one year before he said China household at $80/month?? In 2011, IMF report is $6700 a year or $550 per month,
He should do his homework !!
IMF report China will surpass z U.S in 2016, actually China's GDP already reach $11.2 trillion today, i bet another 1 year, China will surpass U.S 14.7 trillion
China's GDP in 2025 will be $123 trillion, double global GDP combin is expected
energyalt56 6 months ago
A classical WW I & II analyst is Olaf Stapledon; author of Last and First Men; and, Darkness and Light. Stapledon was a British professor and early Science Fiction author who had a remarkable facility to project the future of humanity.
Stapledon dealt with the futures of England, Germany, America, Russia, and China. Harvard professor Lothrop Stoddard is also a worthy analyst for early race comparisons. George Friedman's Future Studies seem positively hopeful compared to Stapledon and Stoddard.
spiritech999 7 months ago
LOL, a very nice show of stupidity
MultiAlpha111 7 months ago
The comments on this video really outclass most of Youtube in their stupidity.
TheHaeresiarch 7 months ago
Mr Friedman lives in a different geopolitical world to the rest of us: the nether side of planet Zog.
euclid901 8 months ago
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euclid901 8 months ago
this dude is ignorance chinese economy development, Middle Class Consumption in China of high brand consumer is 200 milion people who earn a year 20,000$ or more, i,ve been twice in china last year alone you can't imagine what's going there, the KFC kentucky fried chicken third querter alone of net profit 5 bilion dolar company they can't even get the entire a year in U.S market this guy need public attention need to sel his book just tryin to make profit HuH.
Strugglle 8 months ago
ignorance analysis
Strugglle 8 months ago
China have their own ipad, ipad, nokia..etc etc you just name it.. lol and they much cheaper than the real one
crumcon 8 months ago
this guy exaggerate things. 1 billion people earn 6 dollar a day and only 16 million earn more than 20000 a year? just search it anymore shanhai metro have population 20 million, bejing 15 million, shenzehn, guanzhou, harbin, shenyang all have population over 10 million and their standard of living is over 20000 a year how did this guy did the math? China middle class have over 100 million earning more than 20000 a year, and i doub the 1.2 billion earn less 6 dollar a day.(look at china gdp)
purelego 8 months ago
Yes, get everything right, you idiot.
A lot of chinese are making $3 day. that is probably true. What can they do with $3? A lot in China apparently.
How much is an American making? they probably makes more, but they owe more than $30,000. They are net assess are NEGATIVE.
Tell us how could USA handle more than $80 Trillion total deficit! The only way is Bankrupcy!
allyoucouldhave 9 months ago
@allyoucouldhave More money doesn't mean that person is rich. In fact, more money in the market means inflation or hyperinflation is right on the way to hit you hard.
The real consuming power comes from the standard of living due to the strong currency and overall economy performance.
ltmikepowell 5 months ago
@superstud666 agreed. The chinese development model is having political interference in the economy via state ownership of banks. How badly is this going distort their economy? It might catch up with them in the future.
The other obvious problem is corruption.
redwhitedude 9 months ago
YOUR THE NEEEEEEEEEEEEEEEEXT! NEXT DECAAAAAAAAAAAAAAD- wait, wrong video.
Psyga315 10 months ago
@PawnBACM I'm not going to bother. I'll just ask you to look at the 2000 federal spending levels, and compare them to today's. Can't seem to discuss anything with you without you insulting me so I'm not interested in taking this any further.
SCRuBSfANdB 10 months ago
Further, you have no idea, in general, what the hell you are talking about. That is being real and nice.
"Even Reagan Raised Taxes"
by Robert Shapiro
wwwforbescom
"The Rise of the New Global Elite"
By CHRYSTIA FREELAND
wwwtheatlanticcom
PawnBACM 10 months ago
China has separate budget for internal security, which tops military spending. They are entirely separate... sigh.
Phead128 11 months ago
US is back at her pre-crisis levels.
China is 30% above her pre-crisis levels.
It just shows that US gets a cold, China doesn't get pneumonia. China isn't exclusively reliant on US consumerism.
Source: Harvard/Oxford/Stanford Professors.
Phead128 11 months ago 2
How will the gender imbalance affect China's future?
ohdaysoo 11 months ago
this george friedman will eat his own words 10 years late, as other self-labled professors in 60s, 70s, 80s, 90s, and 020s....
the funniest part is he said 'the government spent lots money on PLA but not on technologies and equipments to challenge USA but internal security and to keep PLA loyalty' lol, acting he knows every single penny the chinese governmant spent on its military budget` do u know 'professor' the amont of an ordinary PLA soilder earns 1/5 of american soilder does`! :D
manofadventure 1 year ago
George Friedman statsitics is at least 10 years old.
According to CIA Fact books, 2010 the per capita income of China base on PPP is $7,400/- or $20/- a day
The minimum wage in China is $185 per month or $6/- a day. Wages are spiralling because cheap labour is drying up.
Last year Chinese bought 17 million cars, 64 million lap top,.
Largest buyer of white goods, Air conditioning unit, furnitures in the World
45 million Chinese went oversea for holidays. 2nd largest luxury goods market.
typhoonq 1 year ago 2
japan has not collapse 2:30, wtf are u talking about?
ignorance
hongster76 1 year ago
@hongster76 the Japanese economy did collapse, stagnated, dont you know of this? Oh wait you are from China, I see
ignorance is bliss for you
Thunderwavia 1 year ago
@Thunderwavia Stagnated =/= collapse.. oh wait, u r american u barely speak english. and i am not chinese. lol, dumbass american
hongster76 1 year ago
@hongster76 haha, I am not American haha, what a dumb racist bigot you are.
You make no sense, just an ignorant American hating bigot
LEARN how to debate bigot
Thunderwavia 11 months ago
This has been flagged as spam show
@Thunderwavia I dont care if u are american, u smell like one coz u been kissin one's ass. the point is u said," the Japanese economy did collapse, stagnated, dont you know of this? Oh wait you are from China, I see
ignorance is bliss for you" -- i educated u that stagnated =/= collapse, and hat was before the tsunami
LRN to debate, address the point.. LOL dont bother to reply, retard
hongster76 11 months ago
@hongster76 so i guessed u were american, i was once wrong. u guessed i was american, then chinese, u guessed wrong twice (two times). now i am guessing u r japanese, and died when the tsunami hit.
hongster76 11 months ago
@hongster76 Oh u r an emo fgt canadian, i checked out ur vids. so i was right u r less than american lol
I speak english better than you as a second language. again, stagnated =/= collapse. LRN TO ENGRISH
go lock yourself up in the closet n /wrist now emo fgt. lmao
hongster76 11 months ago
chinese living costs are low, thus their low wages buy alot more goods with fewer dollars.
stratfor has been calling for the collapse of china for 30 years. stratfor is a terrorist organisation. i think the chinese secret service needs to deal with stratfor and its people.
stealthpakfa 1 year ago
China will collapse soon.
kekvirag1 1 year ago
@kekvirag1 I'd like you to explain that. Maybe America has a shot if they and Russia do collapse. China has cornered the rare earths markets and they, along with Russia, have bought up every right they could, including some in the Middle East, while America has been going deeper in debt to fight "wars". Their GDP is almost at $9Trill and they are debt free. What's more, they have a larger labor and academic sector, individually, than America has people and are coming off a bumper rice crop.
PawnBACM 1 year ago
@PawnBACM China is debt-free? Where on earth do you get that? China has lots of internal bad debt.
Srd1126 1 year ago
@Srd1126 China barely owes 300 billion dollars of external debt, as opposed to America's $14 Trillion. Further, they have been been buying vast resources and rights in the last 4-6 years while America has been wasting endless money and doing nothing about its debt. That's just for starters. Try looking at the CIA fact book, census web site, or a variety of other things.
PawnBACM 1 year ago
@PawnBACM I have looked at other things, Freiddman's other book for instance shows how weak and in debt most Chinese companies are. I agree America has been wasting money (so-called stimulus, Obamacare, high-speed rail proposed) but China is not in as good of shape as everyone makes out. In my lifetime it has gone from the USSR will bury the USA to the Japanese to now China. China may very well be peaking, bad demographics and poor people hide behind the shiny surface.
Srd1126 1 year ago
@Srd1126 I don't think China is close to peaking. I would agree that a great deal of taxpayer money gets wasted, but would debate what it has been wasted on to date.
PawnBACM 1 year ago
@Srd1126 lol sound as if u'v lived in china! another ignorant brain.
in 2009 china has over 750million cell phones, in 2011 is well over 800 million. and over 400 million internet users, if as that guy said china is so poor how could they by those cell phones and computers?
manofadventure 1 year ago
@Srd1126
Demographics? I'm a Public Health studies major. It's a shame people who don't know anything about population, health, and development use such terms flagrant as you do.
Phead128 11 months ago
@PawnBACM You seem to know a lot about debt. Can you explain something to me? I'm confused. America owes $14 trillion but yet, it is still the strongest country in the world. What I want to know is, how does this debt affect the country? This country still goes up into space, still has a strong military with latest weapons, still buying everything and etc. To me, this debt looks invisible. I just don't get the whole debt thing.
megamunchit2008 11 months ago
@megamunchit2008 You can't be serious. Okay, if it's nothing, then maybe America should just pay it off. LLLLLLLLLOOOOOOOOOOOOOLLLLLLLLLLLLL. America is SCREWED.
PawnBACM 11 months ago
@PawnBACM I'm asking for an explanation. Don't you know how to explain what you know about? I am not doubting you. I just want an explanation. (IN DETAIL)
megamunchit2008 11 months ago
@megamunchit2008 What do you know about money supply, trade deficits/surplus, percentage of US currency held abroad/domestically, mineral rights held abroad/domestically, and the industrial and infrastructure conditions and modernization status for America, China, Russia, Germany, Saudi, Canada, Britain, and at least a handful of countries on every continent on the planet? It's a global macro thing that consists of various micro issues for each particularly country and the resulting interaction
PawnBACM 11 months ago
@megamunchit2008 Long story short, America is gradually becoming a retail and services based economy; as in the person that mows your yard or flips your burger provides a service and the person that sell you a shirt or a mower or a whatever sells a retail good. Retail and service economies have one stream of income. Manufacturing, industrial, and technological countries provide several streams of income and, MOST IMPORTANTLY, CREATE Wealth. They don't sell wealth for a cut, they CREATE it.
PawnBACM 11 months ago
@megamunchit2008 That's why countries like China are essentially in the black and have been buying massive minerals, rare earths, etc. They CREATE the things that give them the money to push forward and the money, buying power, wealth, ends up increasingly there. It's like owing someone money on interest and they are the only source of money to begin with; that's an exaggeration, but it's essentially the status quo. America isn't just 14T in debt; It LOSES 50 billion a MONTH just to China.
PawnBACM 11 months ago
@megamunchit2008 Think about that when you hear politicians talking about how the rich and corporations, who pay so very little to begin with , shouldn't be taxed. They recently got done talking about how the latest budget cuts were going to save 500 billion dollars over the next ten years. woohoo NOT. Here's the thing; America is going to get its ass kicked by over 500 billion dollars on trade BEFORE you ever see 2012. That's barely scratching the surface of the REALITY America is screwed.
PawnBACM 11 months ago
@PawnBACM I can bet you America won't be screwed. China will never become more powerful than the US. China is a communist country. Who wants communism to rule? America has entertainment, war, weapons, sex entertainment, technology (Bill Gates), tourism and etc. to boost up it's economy. All industries mentioned are biggest cash cows. Personally, I fucking hate America. They bomb every and any fucking country they want. But also, I don't want China to rule. Chinese people are kinda fucked up.
megamunchit2008 11 months ago
@PawnBACM But anyways, thank you for explaining that. It all makes sense. I learned something like this in my economics class years ago. But I don't remember everything.
megamunchit2008 11 months ago
@megamunchit2008 Nice chatting with you. Have a nice day. Good luck with your future.
PawnBACM 11 months ago
@PawnBACM Thanks, I appreciate that and same with you.
megamunchit2008 11 months ago
@PawnBACM The top 2% of the US population pays for 40% of the countries taxes. The bottom 47% of Americans don't pay any personal income taxes. And the rich don't pay enough? Also, look at the Regan tax cuts and the effects it had on the economy and you will see why tax cuts are so beneficial for the economy. Research it :)
SCRuBSfANdB 10 months ago
@SCRuBSfANdB That's hilarious and I have researched it, a lot actually. I find it interesting, besides the fact it is factually untrue anyway, you're so big on exclaiming 47% of Americans don't pay any taxes. Woo-hoo; the country with the largest economy/GDP in the world, 50k PER CAPITA, can't even support an economy that allows almost HALF (I love your numbers) of JUST its work force, nevermind per capita, to break 10K a year. You're a real fucking genius too I bet.
PawnBACM 10 months ago
@PawnBACM I was simply pointing out that the rich pay more than their "fair share". I was also pointing out that cutting taxes leads to higher economic growth (that will lead to lower unemployment). I don't see why your being so hostile. I was being nice.
SCRuBSfANdB 10 months ago
@SCRuBSfANdB That's funny; their "fair" share. The wealthy of America, and particularly corporations on their profits, pay comparatively little compared to other industrialized countries. Multinational corporations don't incorporate at islands because the weather is nice there or set up shop in third world countries because they love the sociological conditions or the concern for the environment and desire to reside there. It's strictly about money; not investing in people or countries.
PawnBACM 10 months ago
@SCRuBSfANdB I wasn't being hostile. I was simply being real. The only thing that was even arguably good for America economically in the last thirty years was Bill Clinton's tax and bond strategies, but even during his tenure I would take issue with certain factors that have added to America's trade deficit and dismal economic condition given the way the country was inclined to head outside those two terms. "Free trade", given America has never really had a "free market", has been destructive.
PawnBACM 10 months ago
@PawnBACM "You're a real fucking genius too..." is kinda uncalled for. But back to the discussion. Clinton's success and ability to raise taxes would have never been a option if it had not been for the rapid Economic growth of the 80's (reganomics). Taxation wasn't what gave Bill Clinton a surplus either. Spending was much lower than it is today. Social Security, Medicare, and medicate were all spending 1/2 as much as now. Granted, This also applies to the military, but we are in 3 wars.
SCRuBSfANdB 10 months ago
@SCRuBSfANdB WTF? It would take about 3 posts to respond to all that opinionated drivel and I am not even sure of your basis. I was questioning your sanity until the last sentence. Maybe you could elaborate one one of your assertions, if not all of them, prior to the last sentence and provide some facts and data and I would be happy to respond. I definitely agree with your last point, and that is certainly mostly a Republican thing, be it congressionally-declared, quasi/covert, religious, etc.
PawnBACM 10 months ago
@SCRuBSfANdB
Have a little reality check and watch "Paul Craig Roberts - How The Law Was Lost HD". It's a must must see for people like you on infokriegBerlin's channel.
Here's the description:
Father of Reaganomics Paul Craig Roberts discusses how the American middle class is being systematically dismantled by means of destroying the ladders of upward mobility and offshoring US manufacturing as well as skilled jobs to China and India. . . . .
PawnBACM 10 months ago
@Srd1126
America is lecturing China on excess accumulation of 'bad' non-performing debt?
STRATFOR, (George Fried is CEO of Strafor) said that subprime loans was not a problem leading up to the 2008 crisis.
Let's put it this way: America has lots of experience with bad, non-performing complex derivatives known as 'sub-prime' mortgage, and couldn't even predict this for themselves. Now you geniuses are predicting China will collapse because of bad loans.
LOL. I'll take your predicting and LOL
Phead128 11 months ago
Comment removed
PawnBACM 1 year ago
@kekvirag1
More people also said the same words in 1960, 1976 and 1989.
eric8305 1 year ago
Is it me or does George Friedman look an awful lot like George W. Bush. :-P
CabronDioz 1 year ago
I have to wonder if in a few years we will look at China and say, "we were afraid of THIS?" In my lifetime we have gone from fear of USSR to Japan and now China. Each time what appeared a strong country was nothing but a fake house-front like a famous episode of "Amos and Andy."
Srd1126 1 year ago
@Srd1126
China is bigger than Japan and USSR combined X 4....
Unlike Japan and USSR, China is actually a formidable challenge, and a candidate for Superpower status in her own right.
Phead128 11 months ago
To George Friedman ," if you wants to beat your enemy ,know your enemy first. "go to China to get more informations. hide in a little room ,you konw nothing about outside world.
Barrackobama1000 1 year ago
Hahahaha..what's a fool ? i am sure this guy,who is this guy ? George Friedman ?i am sure he never been to China .and he maths is poor. he don't know 1 billion how many 0 ....his book only for his family to read.
Barrackobama1000 1 year ago
@Barrackobama1000
You really do live up to your name..
skumstwo 1 year ago
By the way: George Friedman is George W. Bush's secret smarter twin...
thfall 1 year ago
I've been hearing for at least 25 years that Chinese economic growth can't continue and they're going to crash- and some day someone is going to be right about it but this guy said nothing that convinces me he knows anything.
billybobhobnob101 1 year ago
@billybobhobnob101 You need to read his book. He gives additional information concerning China. To me it sounds quite plausible. Check out The next 100 years. Interesting read...
thfall 1 year ago
Thank god for this video, I'm so sick of hearing people say "CHINA IS GONA TAKE US OVER OMG". It gets annoying!
b1gr1g 1 year ago
Rothschild and Israel are laundering Iraqi oil through China.
ktomasz999 1 year ago
i hope he realizes iPods are made in japan
nowayout5221 1 year ago
@nowayout5221 lol.... go educate yourself.
MixMeAdrink 1 year ago
are you fucking kidding me, all the chinese i know of have ipods, ipads, computers, even my grandma who lives in a small town, retired while living off welfare money just bought a flat screen tv last month, where did Friedman got his info from? 20 year old newspaper?
chinese military are building up for homeland and regional security, and protecting its trade routes, not for dominating the world or challenging america......
triggersots4686 1 year ago
@triggersots4686 And who`s a threat for that regional security you`re talking about? China is not just a regional player with several regimes that it`s bcking up, like in N. Korea, Vietnam, Burma (Myanmar) and Nepal. It has as well interests in Africa and S. American, it`s evident especially in case of Sudan, which China sells weapons for oil.
Don`t get me wrong, i don`t see it necessary as a bad thing, it depends, but China`s acting like it`s caring for its interests, which is normal.
MaximusProteus 1 year ago
@MaximusProteus The regional security is not so much threatened from outside as from the inside. China is, from a geopolitical standpoint well protected with abundant natural borders. To really matter in the world and secure its trade route China would have to build a navy. And building a navy takes enormous resources and time. Internal problems and a decline in economical growth will hit China long before a fleet is built.
thfall 1 year ago
@thfall That`s the way it is in a multinational, multilingual and multireligious state, there are always separatist moves. But you don`t need a big army, tanks, air forces and especially fleet to stop these...
Can`t see any problem about that, if S. Korea can have a highly developed shipbuilding industry and a fleet, China can make it too, but this is not so important as you wants to put it, you can always buy ships in some other place.
MaximusProteus 1 year ago
@MaximusProteus You need a fleet to ultimately control trade. If you rule the oceans you rule the world. If you argue with that point you have no idea how things work.
thfall 1 year ago
@thfall .. i`m just arguing if that`s the top priority of Chinesse politics.
MaximusProteus 1 year ago
@triggersots4686 "Welfare" was the key word in your post. As Georgie here explained the Chinese are exporting goods and i would add selling as well under profit margins. Subsidizing a product by lowering it's cost in hope of satisfying a customer does not work and leads to collapse. Just like what happen with the lending crisis housing market in the U.S.
Aeros802 1 year ago
@triggersots4686
The funny thing is.... Internal security budget is $95 billion, whereas China has an entirely separate budget of $92 billion for military spending. Friedman thought China uses it's military for internal security.
They are two entirely separate budgets.
Also, China didn't triple her military budget in just 10 years, just to pay their soldiers to be happy-clappy with their government... Most is spent to modernize to capture Taiwan. DF-21, J-20, etc... are all good examples
Phead128 11 months ago
3 dolars in china have same walue like 30 in usa.
tegarac 1 year ago
@tegarac Actually, 1 USD = 6.61 Chinese yuan
Contrajoe 1 year ago
@Contrajoe i cnow,when i say 1 USD in china have walue like 30 dolars on USA i mean on STANDARD.prz.T-SHORT IN USA 30 USD.T-SHORT IN CHINA 1 USD.
tegarac 1 year ago
@tegarac What is a short that context? What is "cnow"?
Contrajoe 1 year ago
@Contrajoe i mean cnow-know,t short,,
tegarac 1 year ago