Maybe some one forecast that and so far the USA is still there , but that means nothing regarding the future. China was nothing in the 70's compared to what they are now. They now are almost the #1 economic power and their growth is exploding while the the USA is seriously floundering with the collapse of their housing market.MacNews wrote:
As for China overtaking the US, that was predicted to occur in the 1970s...but so far it is 38 years late.
That China will become #1 is not a question of if but when . They are projected ,according to their growth rate, in 10 years to require the amount of oil that is currently produced by the entire world today.
Canada and the USA both have a declining population if you don't count immigration , as does pretty much all western society . We use immigration to bolster our population because a declining population is one that will go down economically . Just who is going to pay for your retirement years when retirees out number workers? Our at least have such a large number of retirees that the working class can no longer support them .
As for China , what can you buy these days that's not manufactured in China? Very little , was that the case in the 70's ? NO . And that trend will continue to grow in that direction . This did not start in the 70's . What got the ball rolling was Bill Clinton making a new trade deal with China back in the mid 90's . It was supposed to be a win-win deal for both countries , but it sure hasn't turned out that way . Almost all manufacture has moved to China and in return what do they import? Raw materials. Things like cardboard , coal and oil .That's about it. This relationship weakens one while strengthening the other and it goes for who ever deals with them the same way .
Nothing the USA or Canada can do about it now either , we are far to dependent on this relationship now to cut it off even though it erodes away our economic well being . And this only after a little more than a decade of the situation going on . What will it be like in 10 years ? 25? 50 years?
While they are building up their economy to superpower status , what are they doing with their military ability ? Sitting on their hands? I doubt it. They are happy to do business with us but don't mistake that for being a nice guy country . They show their true colors when confronted with things like, say Tibet or Taiwan . Western leaders are reluctant to see the situation , no they don't like China's way of handling Tibet or the threats against Taiwan but the way they( our leaders) seem to see it , no ones purrfect . No big deal.
So in the future when we have weaken our selves through political correctness , they've grown much stronger and need way more of our resources what will we do about it?
Do I want to be right about this ? NO , I'd like nothing more than to be wrong on this one.