China is no longer "playing catchup" with the West/Europe - it is passing it

[siablo14]

It undeniable mate, like it or not.

China not passing America. Even though China has been flexing its soft power here in the Caribbean.

it's a shame how the mighty Brits have fallen, aint it?

[siablo14]

I was looking at this research and if 19 million kids have been born by millennial... and there are about 75M+... they're having 1 kid per couple...

and they'll likely have 10 million more kids before the Ms are "done" and really out of birthing age...

So that is ~30 million kids from a generation of 75M.

Literally cut in half.

You guys aren't having children. Why aren't you having children?

[Pretty Boy32]

China not passing America. Even though China has been flexing its soft power here in the Caribbean.

it's a shame how the mighty Brits have fallen, aint it?

And that is down to their own doing. UK economic growth has practically stalled since the brexit vote.

Had it continued like the rest then they'd have £22Bn a year more in the state coffers. That's 2.5 times what they pay into the EU. So the EU is value for money.

A reminder that a slice of tariffs goes to fund the EU so if the UK decides not to pay the divorce bill it could be paid back that way.

And of course it was the UK who specifically got the EU to block third party access to Galileo. Back of the envelope would suggest a £5 Bn cost

Everything about Brexit seems to come back to an unplanned self-inflicted omnishambles - they brought this on themselves with absolutely no plan or thought of how the exit process would work. It’s not relevant to this discussion

[Removed Now]

What will replace the US Dollar to make it weak?

Well China is going to ping it's money to crude oil. Ghadfi was going to unite Africa under a gold base currency so there's opportunity in the future for another world currently leader. The dollar isn't always going to be the standard. The dollar right now is weaker than the sterling pound (UK).

[siablo14]

Well China is going to ping it's money to crude oil. Ghadfi was going to unite Africa under a gold base currency so there's opportunity in the future for another world currently leader. The dollar isn't always going to be the standard. The dollar right now is weaker than the sterling pound (UK).

We will see how that goes. Many fringe countries have been trying to switch but Europe and America stay using the US dollar for the global currency.

Red - The dollar has always been weaker than the pound.

[Pretty Boy32]

We will see how that goes. Many fringe countries have been trying to switch but Europe and America stay using the US dollar for the global currency.

Red - The dollar has always been weaker than the pound.

No it has not.

[siablo14]

No it has not.

When was the pound weaker than the dollar for any length of time?

[Removed Now]

We will see how that goes. Many fringe countries have been trying to switch but Europe and America stay using the US dollar for the global currency.

Red - The dollar has always been weaker than the pound.

Very true.


Red - yes you are correct.

[HOUDINI563]

I’ve done quite a bit of business in China in the past and became quite friendly with leading China distributors and the business owners they supplied. The one thing that I was universally forewarned was not to believe any economic number coming from the Chinese government. If the numbers look good they are in reality not as good. If they are bad they are in actuality much worse. Numbers are inflated as a bad number would equate to the immediate firing of the person responsible.

[siablo14]

I’ve done quite a bit of business in China in the past and became quite friendly with leading China distributors and the business owners they supplied. The one thing that I was universally forewarned was not to believe any economic number coming from the Chinese government. If the numbers look good they are in reality not as good. If they are bad they are in actuality much worse. Numbers are inflated as a bad number would equate to the immediate firing of the person responsible.

i am hearing this too.