A lot of economists see a dim future for the US and a bright future for countries like China and Russia (also blogs like ZeroHedge). Especially China.
China doesn't even have a democracy. The people there are very poor and most live on very poor health standards (smog, food).
They might have a high population and a high GDP, but that's basically all I see there. They produce plastic for the whole world and they are good at copying things but there doesn't seem to come any pioneering or innovation from them. Let's not even talk about social issues (freedom of speech in China?).
Most innovation still comes from the US. Especially the tech stuff, the way I see it the US is the absolute undisputed trendsetter and pioneer when it comes to any tech or internet stuff.
Ok I get it the US has a lot of debt but wouldn't any country take that much debt if they could? (Implying someone would borrow $16 trillion to Zimbabwe).
Why all the US bashing and China/Russia love? Those countries are medieval compared to the US....
China doesn't even have a democracy. The people there are very poor and most live on very poor health standards (smog, food).
They might have a high population and a high GDP, but that's basically all I see there. They produce plastic for the whole world and they are good at copying things but there doesn't seem to come any pioneering or innovation from them. Let's not even talk about social issues (freedom of speech in China?).
Most innovation still comes from the US. Especially the tech stuff, the way I see it the US is the absolute undisputed trendsetter and pioneer when it comes to any tech or internet stuff.
Ok I get it the US has a lot of debt but wouldn't any country take that much debt if they could? (Implying someone would borrow $16 trillion to Zimbabwe).
Why all the US bashing and China/Russia love? Those countries are medieval compared to the US....