JB
Honorary Moderator Emeritus
- Joined
- Mar 25, 2001
- Messages
- 45,907
The news media has been ignoring a development that will affect the future of the world a lot more than the high adrenalin stories they love so well.<br /><br />China has become the 800 pound gorilla in the world economy.<br /><br />China has become a capitalistic socialist/communist culture.<br /><br />China has 25% of the world population.<br /><br />Their economy is exploding, and almost none of it is used for National Defense or involvement in other nations' business.<br /><br />They will use more of the world's oil than the USA within a few years. Their demand for oil has doubled in the last 5 years and will redouble in the next 5. That is the real reason for skyrocketing oil prices.<br /><br />As the Three Gorges Dam powerplant comes up to full capacity (largest in the world, world's largest impoundment) They will have the power to further expand their industry and to further increase their standard of living.<br /><br />With 2 billion people and a skyrocketing standard of living, China represents the world's largest consumer market (bigger than USA and Europe combined)and will soon be the worlds largest producer of consumer products.<br /><br />As the twentieth century was America's century, the 21st is likely to be China's century.<br /><br />How do we deal with this in a way most advantageous to America and Americans?