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Old 05-25-2007, 04:15 AM   #3
rorsvierwelia

Join Date
Oct 2005
Posts
491
Senior Member
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Look I hear ya and all but I am not sure your comments are germane to the article. RIght now, China ranks 6th in the world in GNP. At current growth rates they will leapfrog Western Eurpean economies of the French, Gernams, and Briish and move up to 3rd in 5 -10 yrs. And in 20yrs time they will overtake Japan and the US. And when they do so, it will not be because of protectionism, chile labor, or sweat factories.. they will have done so through hard work and drive.. and India is right behind them

I am a pretty liberal guy, but I gotta tell ya, The Chinese and Indians are out working us and more importantly out learning us. The world is getting flatter and flatter and market places are becoming more and more global and transparent. We will reach a point where we wil lose our marketplace leadership positions in technologcially advanced commodities.

And it is scary. Here is a country that holds a considerable amount of our debt and is becoming more and more wealthy. Creditor staus brings leverage and wealth brings influence. Look at the French.. clearly they see it coming hence the recent election results.
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