gobbledonk Posted March 2, 2011 Report Share Posted March 2, 2011 I cant find the thread (!), but a couple of years back I predicted the rise of China as an economic superpower. At the time, I didnt think this was a particularly bold 'prediction' as many pundits were already pointing out the leaps that China had made in the previous ten years, but my prediction was greeted with skepticism/derision by several on this board. The reasoning came thick and fast: - China didnt have the fundamentals to join Western countries at the top of the economic ladder - a few factories and a cheap workforce doesnt equate to a 'superpower' - Chinese trade and labour practices were abhorrent, and Western companies would only get burnt in any dealings with the Chinese. - the potential for political instability was just too high, particularly given the endemic corruption among officials at every level and the poverty in rural areas Of course, all of that was before the GFC, and I dont completely disagree with any of the above (particularly the political instability issue), but its still not too late to start learning Mandarin, chaps Gobble the Seer Link to comment Share on other sites More sharing options...
ozpharlap Posted March 2, 2011 Report Share Posted March 2, 2011 I cant find the thread (!), but a couple of years back I predicted the rise of China as an economic superpower. At the time, I didn't think this was a particularly bold 'prediction' ... Gobble the Seer As you said, it was not bold, nor insightful It was predictable, and was a long time coming. The same logic as the economic boom in India, to many people, so many consumers, simple economics Good that you took the debate as healthy and remained on this board Link to comment Share on other sites More sharing options...
ThaiHome Posted March 2, 2011 Report Share Posted March 2, 2011 I bet you tried to learn Japanese back in the 80's didn't you. :content: TH Link to comment Share on other sites More sharing options...
gobbledonk Posted March 2, 2011 Author Report Share Posted March 2, 2011 I cant find the thread (!)' date=' but a couple of years back [b']I predicted the rise of China as an economic superpower[/b]. At the time, I didn't think this was a particularly bold 'prediction' ... Gobble the Seer As you said, it was not bold, nor insightful It was predictable, and was a long time coming. The same logic as the economic boom in India, to many people, so many consumers, simple economics Good that you took the debate as healthy and remained on this board I only come back to apologise, so I figure I have one coming Now if only I had been able to predict the rise and fall of the Celtic Tiger .... Link to comment Share on other sites More sharing options...
TheCorinthian Posted March 2, 2011 Report Share Posted March 2, 2011 Or Saddam! Link to comment Share on other sites More sharing options...
cavanami Posted March 2, 2011 Report Share Posted March 2, 2011 I bet you tried to learn Japanese back in the 80's didn't you. :content: TH Errrr, yes I did ...but switched to Chinese in the 90's... Link to comment Share on other sites More sharing options...
LizardKing Posted March 2, 2011 Report Share Posted March 2, 2011 IMHO, both China & India need to work on keeping the electricity on for more than 24 hours straight before thinking about becoming economic superpowers. Just sayin'... Link to comment Share on other sites More sharing options...
kamui Posted March 2, 2011 Report Share Posted March 2, 2011 IMHO, both China & India need to work on keeping the electricity on for more than 24 hours straight before thinking about becoming economic superpowers. Just sayin'... China has just announced that its foreign trade shall be done exclusively with the Yuan, beginning this year. This is almost probably the beginning of the end of the USD as the leading world currency. We are looking forward to a stormy year in international trade in regard to the USD. Link to comment Share on other sites More sharing options...
Guest lazyphil Posted March 2, 2011 Report Share Posted March 2, 2011 fark we're givin india economic aid via the taxpayer and they ave' a fookin space program. we have fireworks november 5th lol Link to comment Share on other sites More sharing options...
Guest lazyphil Posted March 2, 2011 Report Share Posted March 2, 2011 if they're so fucking full on successful economic power house why dont they give us money. china too i think we give aid too......totally fucking weird! Link to comment Share on other sites More sharing options...
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