Quote:
Originally Posted by kstarnes
DD:
I agree with the majority of your post and share your optimism re the resourcefulness of Americans!
I would only disagree with China's potential. They have 1.3B people and have embraced capitalism; they'll be able to grow internally for many many years to come with their current model . . . with one caveat!
I think the Communist government will struggle trying to keep its citizens under control. Idealistically, I don't believe that capitalism and communism can coexist for a long period of time. I would argue that the "great firewall" will not be as effective at controlling the people of China as the "Great Wall" + China's geographic isolation has historically been.
Like you, though, I share great optimism for the future of the US and will be devoting my time doing my best to take advantage of the many great opportunities that are arising from these times of tumult!
Best,
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Yes, Kurt, I see your point. But there's even something more essential to China that it is seriously beginning to lack, particularly in the cities. Those are 1) Clean air, 2) Water, and 3) Living space.
Essentials, it is thought, for an adequate lifestyle. And Beijing at this moment, hasn't enough of the three for large portions of its population.
Yes, the Communist party could be a major player in China's future. I still believe that money has to arrive from outside to grow on the inside, and honestly, I don't think there's enough of it in China to elevate 1.3 billion people. Couple that with a lack of natural resources and an eventual collapse of China's capitalistic system due to ours and others economic slowdown, and you bet the Commies will come back into play.