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Date Posted: 19:09:04 03/22/09 Sun
Author: RMW Stanford
Author Host/IP: c-67-175-24-128.hsd1.il.comcast.net / 67.175.24.128
Subject: Re: EU
In reply to: Herodotus 's message, "Re: EU" on 01:39:01 03/21/09 Sat

>>I would not be surprised to see the world being
>>dominated by the Chinese in twenty years. I am moving
>>to the Far East in search of my Utopia ...
>>
>>>I have just come back after doing 3 months
>consultancy
>>>work in China. The EU is more restrictive on both the
>>>individual person and businesses than the communist
>>>government in China. Why do British people act so
>>>blind or plead ignorance to the ways of the EU. Why
>>>are they not voting to get out of an EU that is
>likely
>>>to destroy their way of life and put the values they
>>>hold dear into jeopardy.
>
>With its economy growing at 8%, it seems inevitable
>that China will one day climb its way to the top of
>the chain. In 2007 it overtook Germany to become the
>third biggest economy in the world, in a few decades
>time it will surpass Japan and the USA whose economies
>are now in chaos, especially Japan's. But for most of
>human history China has been the world's largest
>economy due to its population, so this is nothing new.

Undoubtedly sooner or later China will pass up Japan and the USA in the size of their economy. A few decades is probably right for the amount of time that it will take to pass Japan, the United States will probably take a bit longer. Of course per capita GDP will take much longer.

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