DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The US cannot be defeated militarily, only economically

**DumbNelmcrece** · 08-29-2012, 10:31 PM

Well, at one time this also true of the UK ( where I live ) when we stopped being the worlds primary economic power life didn't come to an end....you took our place. When you stop someone else will take your place: China would seem the most likely candidate, but who knows ?

The problem China faces is winning confidence. Where are the people who are willing to trust that China will honor her obligations? Who in their right mind would willingly hold Chinese currency as their prime repository of wealth? It will take China decades to build that trust.

08-29-2012, 10:31 PM	#9
DumbNelmcrece Join Date Oct 2005 Posts 459 Senior Member	Well, at one time this also true of the UK ( where I live ) when we stopped being the worlds primary economic power life didn't come to an end....you took our place. When you stop someone else will take your place: China would seem the most likely candidate, but who knows ? The problem China faces is winning confidence. Where are the people who are willing to trust that China will honor her obligations? Who in their right mind would willingly hold Chinese currency as their prime repository of wealth? It will take China decades to build that trust.
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