Earlier quoted context omitted.
Yep, every powerful nation or empire in the past has collapsed or faded in significance after some time. The question is, in our case, will it be a rapid collapse or a slow fade (like the British empire), and when?
British empire was a rapid collapse. From really starting in the 16th century it reached a peak in 1945 -- nearly 400 years. It collapsed within 20 Rome by comparison took 700 years to grow, and 200-plus to collapse
Can China Turn the Middle of Nowhere into the Center of the World Economy?
91–94 of 94 posts
Re: Can China Turn the Middle of Nowhere into the Center of the World Economy?
#92China appears to be ensuring that their economy continues to grow rapidly with the Belt and Road initiative. By some measures they have already passed the United States. https://www.bloomberg.com/opinion/articles/2017-10-18/who-ha... At some point soon, shouldn't the ability to grow the economy 6-10% a year become impossible?
The real growth rate is never the same as the official published rate. It was said last year China only grew less than 2%.
Re: Can China Turn the Middle of Nowhere into the Center of the World Economy?
#93Earlier quoted context omitted.
British empire was a rapid collapse. From really starting in the 16th century it reached a peak in 1945 -- nearly 400 years. It collapsed within 20 Rome by comparison took 700 years to grow, and 200-plus to collapse
> British empire was a rapid collapse [...] It collapsed within 20 It would be better to treat the British Empire and the United States as two forms of the same empire, as they both speak the same language The capital of the empire simply moved from London to Washington via an internal revolution, a process that's happened many times in the past, e.g. Lisbon to Rio de Janeiro, St Petersburg to Moscow, Xian to Hangzho…
Re: Can China Turn the Middle of Nowhere into the Center of the World Economy?
#94Earlier quoted context omitted.
> British empire was a rapid collapse [...] It collapsed within 20 It would be better to treat the British Empire and the United States as two forms of the same empire, as they both speak the same language The capital of the empire simply moved from London to Washington via an internal revolution, a process that's happened many times in the past, e.g. Lisbon to Rio de Janeiro, St Petersburg to Moscow, Xian to Hangzho…
With that reasoning, you could argue we are still an extension of Rome.