Zsari
SENIOR MEMBER
- Joined
- Feb 21, 2014
- Messages
- 2,273
- Reaction score
- 1
- Country
- Location
Sure it does, but the US economy is not in decline, it's actually beginning to rev back up again. It's the Chinese economy that's in decline as we see your growth continue to drop year by year. China also faces an upcoming demographic crisis which will shrink the workforce, and China will have the oldest population in the world by 2030, which puts an immense burden on your health and social programs. My point was that China will never be able to exceed the power of the US military. Money is just one factor in the grand scheme of things. We have the experience, the atmosphere that cultivates innovation and creativity, and the know how to further scientific and technological advancement. China has nothing that can compete with an agency like DARPA. It is agencies like DARPA and our world class universities and defense companies that will always give us the edge.
You know in today's world, a MNC can open a research facility in Singapore hiring German scientists from American Universities, all those claim of exclusivity to innovation and creativity are but intoxicating fallacies. Do you really believe DARPA like the black budget is unique to the US?
Like I've already said, the decline and rise of one's economy can be seen in the overall percentage of global GDP a nation accounts for, and long term trend of a declining US & rising China has been pretty steady with no fundamental shift in sight. As far as demographic are concerned, China can and have been macro-managing its population through family planning policy, an advantage no other state enjoys, thus can be compared to. If you look at the base, Chinese demography is very stable, its only the generations before the implementation of one-child policy that's bloated, which will pass over in 20-30 years of time. Chinese retirement age is currently 60 for men and 50 for woman, that's plenty of room to adjust to achieve a desirable labor force. All those focus on China's demography are only telling you half of the story.