Monday, March 16, 2009

Economy fact,

China's economy will be the world's number one economy by 2035, and two times the size of the US economy by 2050.

China's economy will be the world's number one economy by 2035, and two times the size of the US economy by 2050.

China's Economic Rise: Fact and Fiction, a study released yesterday, concludes that China's commercial prominence could have military consequences. And since the 10 percent annual growth comes from domestic demand, China's rise will happen independent of international economic factors. China seems right on track for money, power, and respect.

The report urges American leaders to rethink economic strategies and enact sweeping domestic reforms. Do you think Americans can adapt to a new world order? What do you think the world will look like with China on top?

When we understand “what” is happening (the facts) then we might have a stab at “why” it is happening (the theories). In turn, this might throw...

When we understand “what” is happening (the facts) then we might have a stab at “why” it is happening (the theories). In turn, this might throw some light on what we might expect to unfold in the foreseeable future.

We live in a cynical world and from a cynical perspective it is noteworthy that all I am reading with regard to the gold price is theories.