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Old 02-25-2011, 06:16 PM   #1
Fertionbratte

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Default US Will Be the World's Third Largest Economy: Citi
http://www.cnbc.com/id/41775174



Wonder if they'll leave us with any oil or other resources?
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Old 02-25-2011, 06:17 PM   #2
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Obama will be thrilled.
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Old 02-25-2011, 06:18 PM   #3
Nadin Maison

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the nations to watch over the coming years are Bangladesh, China, Egypt, India, Indonesia, Iraq, Mongolia, Nigeria, the Philippines, Sri Lanka and Vietnam.

"They are our 3G countries," Buiter said.
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Old 02-25-2011, 06:18 PM   #4
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Obama will be thrilled.
Mission Accomplished!
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Old 02-25-2011, 06:19 PM   #5
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ASIAN CAPITALISM WILL DOMINATE THE WORLD.
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Old 02-25-2011, 06:23 PM   #6
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It will dominate the US, that much is for certain.

Gone are the days when people ask the US President what he's going to do about this, or that..

We're goimg to look a lot more like Europe. It's great if you're a multi-national, though.
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Old 02-25-2011, 06:32 PM   #7
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Well, for everybody who has bitched and moaned about our foreign policy.. I wonder what China's hegemony is going to be like?

Secular.. Communist. Intelligent... Capable.. Asset driven. Cohesive enough to develop long term goals and achieve them.
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Old 02-25-2011, 06:32 PM   #8
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They're already arrogant enough to assassinate miners in Africa..
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Old 02-25-2011, 06:33 PM   #9
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And something else, in 20 fucking years when somebody comes along and suggests that we need to "ZOMG!!! Kill the commie menace!" I'm going to LAUGH at them.
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Old 02-25-2011, 06:37 PM   #10
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I just can't help but think this isn't going to be a good thing for the US..
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Old 02-25-2011, 08:58 PM   #11
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And something else, in 20 fucking years when somebody comes along and suggests that we need to "ZOMG!!! Kill the commie menace!" I'm going to LAUGH at them.
Heh. Who didn't see it coming?
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Old 02-25-2011, 09:48 PM   #12
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http://www.cnbc.com/id/41775174



Wonder if they'll leave us with any oil or other resources?
The thing to watch will also be the borders of shrinking economical nations.
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Old 02-26-2011, 12:06 AM   #13
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Heh. Who didn't see it coming?
No kidding..

This is an area where "conservatives" tend to piss me off.. I actually had a gaggle of "Conservatives" on another site once, telling me how great this would all be and not to worry because there would be so much TRADE, there would be NO WAR. No concerns. No security issues.. That trade would paper over everything.

These guys are working from THEORIES out of a BOOK.. and it's not a history book, let me tell you.

Somebody told them this would be wonderful in college or something, so they're convinced of it.

I'm not so sure.. I think maybe they're overly optimistic.. They are even convinced that China & India are going to behave the way we want because of trade.

It's like a cult.
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Old 02-26-2011, 12:49 AM   #14
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China, yea, their economy may grow, possibly even exceed our own. It won't hold, their economy is predominately foreign controlled, teetering on the backs of a repressed workforce.

What are they offering? A single culture? Confucianism? In a Western world, it won't last. We've been hearing this about China for for nearly a century.
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Old 02-26-2011, 01:05 AM   #15
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It won't hold, their economy is predominately foreign controlled, teetering on the backs of a repressed workforce. I'm not so sure. With a billion people, there's plenty of room for a robust domestic economy.
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Old 02-26-2011, 01:07 AM   #16
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I'm not so sure. With a billion people, there's plenty of room for a robust domestic economy.
And massive unemployment.
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Old 02-26-2011, 01:11 AM   #17
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And massive unemployment.
Also massive growth potential..
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Old 02-26-2011, 01:14 AM   #18
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Also massive growth potential..
This would be a good time to be a member of China's ruling class.

Have you ever heard about the empty cities China has built?
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Old 02-26-2011, 01:16 AM   #19
drgshmcm

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Here's a link: http://www.dailymail.co.uk/news/arti...-deserted.html
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Old 02-26-2011, 01:19 AM   #20
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Have you ever heard about the empty cities China has built?
Amazing..


WTF is going on?
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