So India will end up an Economic Superpower by post-US election/collapse 2020 after all?
Rainbow's End
Jordan Edwards
Dominic Wood
No, it seems that this time there won't be "a" country all investment goes this time. India is taking a lot from China, but Southeast Asia and Oceania are as well.
Remember the "Asian Tigers"? Things like that.
Juan Bennett
Things AREN'T going well for China
Sorry for the typo.
Also, China launched the "Petroyuan" to fight the Petrodollar in a move analogous to the USA one in the Nixon Shock era.
Just to put things in perspective, the USA needed 100 years to arrive at this point, while China is doing that in less than 30.
This is not a good sign, this is a sign that China is completing the cycle of doom at a faster pace.
Luke Richardson
How is the Republic of China doing in comparison?
Tyler Lewis
Haven't I laid out the gist of the situation?
China has some decade before crashing like the West, that is if it continues its current path.
If Belt & Road succeeds, then in fact we'll see a new Gilded Age for China of prosper, better than anything before.
The Chinese government knows that, the path in front of them is bifurcated into extreme success and failure.
Failure is doing everything as it is now, and Success is the new Silk Road and debt-clientelism.
But you see, China's Silk Road push so far has made:
1. Countries get angry at it due to the Debt-trap.
2. Countries defaulting on their debts and making China's effort useless.
3. In Africa it has been going well to an extent, as it accepts Raw Material, Commodities, etc as payments, and the African countries willingly pay it. But the Chinese are having a huge workload for that, as they have to create infrastructure from zero and even make some of its citizens emigrate there to run things, as Africans can't run the Chinese development operation by themselves.
4. Even still, some African countries are aware that this is a Chinese exploration trap.
So, will the Silk Road succeed? No one knows, it's getting mixed results so far.
Actually, you could call their "Belt and Road", their "Silk Road" initiative as "Chinese Imperialism".
Joshua Rodriguez
Isaac Morgan
He was asking about Taiwan.
Carson Flores
Taiwan can't do much of anything.
China's grasp on it will only intensify as it descends into a state of poor economic development.
Hong Kong's fate is the same.
China will overreach, these two are as good as held, the doubt remain on others.
About their economic fate under China: the same.
Julian Cox
Wouldn't their endemic semiconductor industry benefit from an economic downturn in Commie China?
Levi Sanders
Anyone want to talk about the future of AR or the likelihood of the predictions in the book?