Wednesday, December 12, 2012

China's Economy Due to Outgrow America by 2030

http://www.guardian.co.uk/world/2012/dec/10/chinese-economy-america-tectonic-shift


http://static.seekingalpha.com/uploads/2010/1/7/saupload_china_gdp_1.JPG
http://static.seekingalpha.com/uploads/2010/1/7/saupload_china_gdp_1.JPG
Recent studies have shown that due to climate change and the moving of plates, food and water shortages will make China's economy superior the United States' economy. "In a tectonic shift, the health of the global economy increasingly will be linked to how well the developing world does — more so than the traditional west. In addition to China, India, and Brazil, regional players such as Colombia, Indonesia, Nigeria, South Africa, and Turkey will become especially important to the global economy.Meanwhile, the economies of Europe, Japan, and Russia are likely to continue their slow relative declines." Thia is a clear demonstration of how China's economy is slowly overpowering the United States, and that our reign of being the most powerful country is coming to an end, because we will eventually become fully dependent on China.

1 comment:

  1. This is interesting because even as the most powerful country now, I feel that we are still very reliant on China. The majority of items people own are made in China. I can only imagine how much power they will have when they override us.

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