Does the World Actually NEED another "Great Depression"?

And in fact given that it has always tended towards isolationism and self-sufficiency, it may be content to become a sovereign, militarily powerful but not necessarily economically global presence.

I see where you are going, however, the US always had their fingers in everyone's pie. So the separatist approach you mention might rather be to enable them to be a force to be reckoned with. They still need serious imports though and the fact that their money is all speculation, their bubble might burst…

If you look at Africa, if we come under economic pressure we should stop our exports and enable ourselves, or at least find more mission critical countries to trade with.
 
If you look at Africa, if we come under economic pressure we should stop our exports and enable ourselves, or at least find more mission critical countries to trade with.

Dude Africa is going to be hit hardest. Africa is subpar under ideal
world market conditions. This is going to destabilise all of
Africa (what's there to destabilise). We may see Beirut in Cape Town.
 
I don't think you know what you're talking about. China and Russia
are enemies.

And what justifies that? So you think 2 communist entities will rather join forces with the US? Or what about France, England…

If you know WW 2 you can see the benefit of having bordering treaties to improve your sustainable government intention.
 
Dude Africa is going to be hit hardest. Africa is subpar under ideal
world market conditions. This is going to destabilise all of
Africa (what's there to destabilise). We may see Beirut in Cape Town.

Africa would actually be hit the least, we are not an not economic power. We will however not be able to sustain political agenda’s supported by international donations and relief, but our resources will still be needed. There we already have china and Russia investments in the whole Africa. Who do you think finance’s ZIM…

Cape Town will have less tourism and maybe we can buy a house on Clifton now…
 
Africa is subpar under ideal world market conditions.

What is the ideal, to have a stock exchange that can move speculative trading? Or actually having tangible resources that we can share on African terms?
 
What is the ideal, to have a stock exchange that can move speculative trading? Or actually having tangible resources that we can share on African terms?

So you're saying that Africa has a higher standard of living than the USA?
 
Africa has always been a secondary, commodities-driven economy. As long as China continues its expansion Africa will have the subsidisation it needs to go on the way it always has - just barely.
 
Africa has always been a secondary, commodities-driven economy. As long as China continues its expansion Africa will have the subsidisation it needs to go on the way it always has - just barely.

But what's driving Chinese economy?
 
And what justifies that? So you think 2 communist entities will rather join forces with the US? Or what about France, England…

If you know WW 2 you can see the benefit of having bordering treaties to improve your sustainable government intention.

England is pro-US no matter what. Germany talks a lot but they are pro-US
although they have been fouling up for the US in Iraq.

Remember the US was founded by British and German immigrants mostly.
Hence the reason US was so reluctant to also get into the war
with Germany - many people in the US are German (many generations
removed but still). Eisenhower is a German surname for instance.

China needs new territories. Russia's population is contracting.
China thinks quite lowly of Russian productivity.
China has been eyeing Russia's territories for a long time
and they actually have had border wars (as Communist countries).
 
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But what's driving Chinese economy?

I would say it's fairly self-driven. Of course it's being fed by the US - I see a key distinction - but the Chinese are highly motivated towards economic advancement. They are very directionally focused.
 
I would say it's fairly self-driven. Of course it's being fed by the US - I see a key distinction - but the Chinese are highly motivated towards economic advancement. They are very directionally focused.

Would you not say that the Chinese banks have been doing the same
US banks have?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1121062
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/05/AR2005060500958.html

Oh and the fallout:
http://www.radioaustralia.net.au/programguide/stories/200809/s2366716.htm
 
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So you're saying that Africa has a higher standard of living than the USA?

Well actually no, thats the reason why the US can't pay back their loans. however, if you look at high standards of driving then yes...
 
PeterCH, I must be honest, I hope you have the opportunity to enjoy our African culture and true freedom in chaos, the US are masters of their own universe and if you enjoy that, I sincerely hop for your sake they will receive you with open arms.

Meanwhile, I’ll wait for my family to return with their tail between their legs when Africa moves up in the world.
 
You do not need a major war for instability. China has Tibet and it has numerous regions with Muslim minorities. It also has a land dispute with
Russia for Vladivostok among other things. China is eyeing Russian territory
and they have fought wars as Communist states against each other.

China also has other serious issues. One is the decline of the population.
Remember China started their program of one family-one child recently.
This was not a natural gradual occurrence but a sudden one. As the current
population ages, and we hit that cut-off, who will work for those hundreds
of millions of pensioners in China?

My apologies for going back to an earlier post, but i feel this needs correction and clarification.

China has been fighting Muslim insugents since the 70's, and repeatedly warned the western powers about the threat they posed for the future.

China and Russia have never had a war with each other, they had a minor border class in 1969, wich resulted in about 900 dead, not exactly a war.
List of wars 1960 - 1969 http://en.wikipedia.org/wiki/List_of_wars_1945–1989

China is not eyeing Russian territory. in fact they have pretty good relations as shown by joint military exercises the largest held 3 years ago:
China-Russia war games under way
http://news.bbc.co.uk/2/hi/asia-pacific/4162054.stm

As to their one child policy, that was aimed at one generation, not set in stone as a permanent policy. As this 7 year old article shows":

Twenty-one years after it introduced its ‘one child’ population policy, China is keeping its promise to allow only-children who marry each other, to have a second child. This rule is now being applied in most provinces as these children start having families of their own. And Government officials have confirmed that the policy itself will be phased out once the first one-child generation has grown up.

China started to promote the one-child-for-one-couple pattern in 1980 when the central government published an open letter to all the members of the Chinese Communist Party and the Communist Youth League, encouraging couples of child-bearing age to have only one baby. Young people were also urged to marry and have their children later in life. But in rural China, families who have a daughter but need more than one child to help with farm work, are allowed to have two children. And while people from ethnic minority groups are also encouraged to practice family planning, the governments of
autonomous regions decide the number of children they can have. Normally a minority couple can have two children, and in remote areas they can have as many as they like.

Fewer births

As a result of all these efforts, China has had 338 million fewer births in the past 30 years, and more than 7,000 billion yuan (US$ 843 billion) that would have been used to raise these children has been saved.

The lowered birth rate also means that, in total, there are fewer children and elderly people that need support from adults (15 to 59 years old). For example, in 1998 there were nearly twice as many adults as children and elderly people, which is near the ratio in Japan and other developed countries.

More flexibility

However, as the first generation of children of one-child families has now entered childbearing age, couples in most provinces and regions will be allowed more flexibility in planning their families. Statistics show that except for Henan, Hubei and Gansu Provinces and Inner Mongolia Autonomous Region, where local governments have decided to continue the one-child pattern, the other 27 provinces and regions in China allow couples who are both adult children from one-child families to have two children.

"This is not a sign that the Chinese government is making major changes to its family planning policy, and the policy will not greatly affect the
population size of the country," said Chen. "The one-child policy was only directed at one generation, as was stated in the open letter in 1980, and the policy means to keep the promise."

His words are echoed by Tian Xueyuan, general deputy president of the Population Association of China, who was involved in the drafting of the
family planning policy in 1980: “ No country dares to practice the one-child pattern for more than one generation, because this will result in an imbalance in the population, in which there are fewer young people than elderly people, who need to be taken care of."
http://www.peopleandplanet.net/doc.php?id=771

Oldish but interesting article on population trends in China:
http://afe.easia.columbia.edu/china/geog/population.htm
 
My apologies for going back to an earlier post, but i feel this needs correction and clarification.

China has been fighting Muslim insugents since the 70's, and repeatedly warned the western powers about the threat they posed for the future.

China and Russia have never had a war with each other, they had a minor border class in 1969, wich resulted in about 900 dead, not exactly a war.
List of wars 1960 - 1969 http://en.wikipedia.org/wiki/List_of_wars_1945–1989

China is not eyeing Russian territory. in fact they have pretty good relations as shown by joint military exercises the largest held 3 years ago:

http://news.bbc.co.uk/2/hi/asia-pacific/4162054.stm

As to their one child policy, that was aimed at one generation, not set in stone as a permanent policy. As this 7 year old article shows":




http://www.peopleandplanet.net/doc.php?id=771

Oldish but interesting article on population trends in China:
http://afe.easia.columbia.edu/china/geog/population.htm

Nice!!!!
 
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