Rubenstein: China will reclaim its world economic dominance

Economy | Information | History | Online | Facts | World | Global | Money

1. this interviewer is frustrating, she's the cause of usa declining.
2. The interviewer is very annoying and in way over her head
3. Artificial inflation of US money supply thru Quantitative Easing and other Federal Reserve policy - leading to credit crunch and Real Estate Bubble... 
4. The downsizing of USA:   shrinking manufacturing, dot com bubble of 2000-2001, Real Estate bubble of of 2007 - 2008, Sequestration , Government Shutdown of 2013.  
5. a lot of countries have higher GDP capita on paper is only because China keeps its currency undervalued to a large extent to remain competitive in export .however when US is no longer the global reserve currency and China no longer relies so heavily on its export.. you will see US and other so called "developed" or to be exact, ( unable to further develop ) nations's gdp per capita shrink by several folds and the other way around for China. 
6. The West are suffering from Status Anxiety, while India & Russia are suffering from Jealousy Complex~ Both syndromes obstruct their soundness of mind, and make them think like retards~
7. Aristocracies of China and US have the interest in common. 
8. Rubenstein...is that a Jewish name?
9. China and USA are mutually dependent. Let's face it, USA has been enjoying quality products at good prices while China has been able to pull millions of people out of poverty...a perfect win-win situation. Competition is good, but not conflicts.
10. Very true. It's westerners and those in other nations who advocate the low or non-existent tariffs on Chinese goods. It's not China's fault that it undercuts domestic industries! 
11. Kiss my ass
12. firefly the tv show depicted china as the dominant force in the future, its coming true!!
13. Lol... China is still heavily dependant on the US economy, the USA is their biggest client and supplier or employment, without the USA there is no China
14. you stink of envy.
15. The U.S. keeps on wasting money,and China keeps making money, of course,when the Chinese have more money and will take over,simple as that !
16. I suppose... your point?
17. Again, the US will have to sell her gold to the Chinese in exchange for RMB when the US dollar collapses, unless the US government do not care to re-stabilize it and default on her debts, which is a viable possibility since the US could well-survive on her own without international trade at all. In addition, the US high-tech gunboats policy could literally "control" other countries "diplomatically" to stablize "trade". China need to have strong military power before collapsing the US dollar.
18. [ China’s net income per capita will not be greater than that of the USA in his lifetime ] that really depend on the US government, if they can't solve their budget problem. hyper-inflation could wipeout the wealth of the people and making the per capita income of china the same as US due to shift in exchange rate...
19. china does not yet have enough gold of it own to maintain the global system without USD. you are right it has to be patient and wise to do so then, but since 2008, it has been buying gold, include a large chunk of UK gold reserve and various other undisclosed off the market deal and into IMF, china will soon have enough gold to make the RMB the world's currency... if US can't get it's budget balance by then, it will be GG. china can only buy US time, US still have to solve their own problem...
20. true, but you gotta admit McDonald is somewhat responsible for the distribution of fat people. kekekekek... =)