Re: 2030 world's economic prediction
Posted: Wed Jan 01, 2014 8:39 am
Gurey is right, India is going no where due to their form of governance, India cannot execute plans the speed which does no do they have the will.
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I didn't know that Mexico will become one of first world country. When it come to Mexico all I see was drug war.gurey25 wrote:mexico is actually a highly developed and modern industrial nation.Hodan94 wrote:Mexico at n.o 9 ??????
WOW with the way its going drug business down there is BOOMING.
Gurey, I know the east Asian model is unrealistic for somalis but what else is there?gurey25 wrote:Its not smart, its a necessity in this world of the dollar hegemony.James Dahl wrote:The smartest things China has been doing is manipulating their currency to keep wages artificially low, which is something India also does.
Deng xiao ping and his associates envisioned an export led growth of just 10-15 years and then concentration of internal growth.
too many people made allot of money from exports and used it to derail the plan.
The turn inwards as planned is back in action.
interesting have been to india as well? can you compare the two?James Dahl wrote:I actually visited China in the late 90s, India is not as far behind as you think.
Suppressing wages has meant that the average Chinese has been slow to receive the benefits of all that economic growth indeed.
soviet style craphole beats mega slum calcutta or mumbai anyday, even right now most of culcatta, Dehli, and Mumbai consist of the most terrible slums imaginable. If you transport todays inhabitants of these cities to 1975 beijng they would consider this soviet style hellhole an upgrade.James Dahl wrote:I visited Beijing, Xian and Shanghai around 1998, they were at the time all soviet style crapholes. China does not even resemble itself from 15 years ago.
The Hongwu emperor did not build the great wall, but refurbished it.James Dahl wrote: He built the Great Wall of China to keep out the Mongols and under the Ming dynasty, China surged past the rest of the world economically, technologically and militarily. The Great Ming had a gigantic fleet of massive ships equipped with highly advanced weapons. Their civil administration was technocratic, selecting the best people to administer the country by standardized exams, rather than hereditary positions or nepotism.