Edwin Pawlowski wrote:
"J. Clarke" wrote in message
Just go back and look at powers of the world in the past such as
Constantinople, Rome, Venice, England etc. Follow the gold. It
may
not happen in our lifetime, but it can, and probably will, happen
some day be it China or some other country.

So how does the "gold" figure into any of those you mentioned?

Gold = wealth = power.
At one time all the powers mentioned (I forgot Spain) had the most
gold in the world. Its all in the history books.

In which history book is there a cataloguing of the gold reserves of
each of these civilizations, and what, exactly, do you believe that
has to do with the Chinese economy?

Yes, eventually the US will cease to be the predominant power in
the
world. That's life.

That is what I've been saying.

So why are you on about it. You're going to die too, and if you spend
all your time obsessing about it you're not going to have much of a
life.

China has four times our population. If they
_don't_ eventually become the predominant power in the world then
they have something _wrong_ with them. But my GOD what a market
that's going to be!

But as long as we buy from them more than we sell, and keep moving
our
manufacturing over there, they will keep gaining on us and have the
potential to control us.

Look, the US can struggle to sell faucet washers against fourth-world
economies that can make faucet washers that are as good as ours for a
tenth the price, or we can just say to Hell with the faucet washer
market and concentrate on things that are more profitable. Which
makes more sense? And if the fourth world decides to cut off our
supply of faucet washers how long do you think it takes to get a
faucet washer production line going?

--
--
--John
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(was jclarke at eye bee em dot net)