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Top 10 countries by National Wealth

Sven,

I see the potential for greater integration between United States - Japan - China in the future. Our three countries have overlapping mutual strategic interests. China , historically, has not been shy to court and cooperate with the West, open to the West and adopt economic policies akin to the West and Japan. This was seen immediately after the Sino-Soviet Split and also yet again in the 1970s under Mao and Deng, unlike the Russians. Remember that this was during the height of the Cold War. This is why I believe that China will remain a major player in cooperation with the United States and Japan.



Trust me, he is one of the best posters here. Ive been a "stalker" of Sir @LeveragedBuyout 's posts since this summer, lol. Prior to reading his threads, i always end up making a tall glass of ice tea and enjoy as I read.

he he he!

PS. On a side note, you're 28? I always thought you were older than that from the quality of your posts. So you're my age group then.. :)

I've stalked @LeveragedBuyout too, and in fact read all his articles, though I don't always log on to do so. And I haven't mentioned my age? I though I did. Yep, I'm your age... though I think I may have a head-start in life after Ph.D considering I have a job that I can keep following my studies (though I still need to finish my ongoing licensing to become an official and legal practicing psychologist), house and lovely-lady to share it with.

Also, I wanted to address the text at the top of your response. I too see a lot of potential for Japan - China - US relations. Japan and China are reproaching as we speak, the US and China are cooperative a lot, and just this week held joint anti-piracy drills. Bad news and competition get headlines, but cooperation runs a lot deeper then anyone reads about in the news. From economics, to military affairs, to corruption and technology, we cooperate a lot. Just this week A China's internet regulators visited Facebook's HQ here in the US. For all the blame and issues we put on each other, we cooperate with China far more then anyone truly knows. Add Japan into the mix and South Korea if they can get their stuff together, and the Asia Pacific with all its might will be a force greater then any seen.
 
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I've stalked @LeveragedBuyout too, and in fact read all his articles, though I don't always log on to do so. And I haven't mentioned my age? I though I did. Yep, I'm your age.

PS. On a side note, you're 28? I always thought you were older than that from the quality of your posts. So you're my age group then.. :)

Hmm. We are all around the same age group.

I'm going to keep calling you guys sir though, I don't know, it sounds more polite I think. :lol:
 
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Cool we are in top 30! :pleasantry:

Israel is very impressive considering they only have about as many people as HK as their total population.

I've always admired the development in Israel, especially your water management technologies.

Apparently my government shares my view, since we are seeking ever more investment into Israel. :partay:
 
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Good points but net wealth includes what cash it can count.

Cash is only one item. the major items are payables and receivables. payables and receivables are accrual accounting concepts and not cash accounting concepts. Even for major multinationals with army of internal and external accountants calculating accrual accounting is hard (though accrual accounting is superior to cash accounting as accrual accounting captures value better) . Imagine how hard it would be to calculate payables and receivables for households that lie outside the formal financial system.
 
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PS. On a side note, you're 28? I always thought you were older than that from the quality of your posts. So you're my age group then.. :)

@SvenSvensonov is by one metric the most valuable member of PDF, bar none. Post-for-post, he has the highest rating of any member here, and it shows in the quality of his contributions. I have to agree with @gambit that the experience and knowledge of the American veteran contingent appears to be unmatched in the aggregate, but one of the best qualities of PDF is the high quality international representation. So between the likes of @SvenSvensonov on one side and @Chinese-Dragon and you, @Nihonjin1051 , on the international circuit, I am compelled to keep coming back to PDF, as much as I have been trying to retreat into lurker-dom. :tongue:
 
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Sir or Svenny as @Nihonjin1051 has called me will do. I can't call people sir any more. 8 years in the USN and saying sir to everyone that outranked me, I can't take it any more!!! Good to see so many quality and intelligent young people. The future is looking bright!!!

:china::usflag:

No problem, I'll do Sir or Svenny, whichever one suits the prevailing conditions. :partay:
 
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Cool we are in top 30! :pleasantry:

Politics aside, I've so much profound respect for Israelis in regards to academic research. One of my collaborators in my area of research is one who is a native of Tel-Aviv and thus I base my judgment of Israelis on my personal and professional experiences with them. You guys are hard working and go beyond what is expected. This is the reason why, as a whole, Israeli society is highly productive with relatively high standard of living.
 
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I've tangles with you once on PDF previously, on a post by Genesis, and I can say that posting virulent information about the quality of people is a no-no, no matter their origins. Provide quality, not quantity on PDF, that's the key to success (not just here, but in life too). I believe in you, and don't think you're as virulent as some of your content can be, but if you tone down the nationalism, rhetoric and up the quality (provide useful information and supporting evidence) then you can join the club.

Haha, I like to play with rhetoric. I believe what I say in principle but I will go way over the top and curse the ever living shit out of anyone who thinks they can get away with slandering the Chinese people. This is a policy I stick to in real life, but they usually don't come back for seconds face to face. I haven't met too many people who I haven't been able to beat into submission :)
 
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@SvenSvensonov is by one metric the most valuable member of PDF, bar none. Post-for-post, he has the highest rating of any member here, and it shows in the quality of his contributions. I have to agree with @gambit that the experience and knowledge of the American veteran contingent appears to be unmatched in the aggregate, but one of the best qualities of PDF is the high quality international representation. So between the likes of @SvenSvensonov on one side and @Chinese-Dragon and you, @Nihonjin1051 , on the international circuit, I am compelled to keep coming back to PDF, as much as I have been trying to retreat into lurker-dom. :tongue:

I agree with you 100% regarding @SvenSvensonov, excellent post quality. :tup:

Also, I wonder about the implications for the Pacific region in terms of geopolitics, regarding the thread topic.

America is obviously ahead, no one in their right mind would deny that. Not only in terms of economy, national wealth, or other such metrics, but they also have a top-of-the-world manufacturing sector.

America has already built all the ships they need, from their masses of Carrier Battle groups to the vital nuclear submarines, which are unparalleled in the world in terms of numbers and quality.

China has a lot of catching up to do, the good news is that we are doing it fast. We won't need to match America ship for ship, but as long as we are comfortable in our own region, that would be mission complete.

You could argue we are comfortable now, but I prefer to take a more conservative approach to these matters. We're still decades away from being in a place I would describe as comfortable. :partay:
 
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@Chinese-Dragon I agree with you that China needs to work overtime (and not just with PRC passports) but the stats make America look better than she actually is.

A lot can be learned from Japan, South Korea, Singapore, etc. China should take Japan much more seriously
 
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@SvenSvensonov is by one metric the most valuable member of PDF, bar none. Post-for-post, he has the highest rating of any member here, and it shows in the quality of his contributions. I have to agree with @gambit that the experience and knowledge of the American veteran contingent appears to be unmatched in the aggregate, but one of the best qualities of PDF is the high quality international representation. So between the likes of @SvenSvensonov on one side and @Chinese-Dragon and you, @Nihonjin1051 , on the international circuit, I am compelled to keep coming back to PDF, as much as I have been trying to retreat into lurker-dom. :tongue:

My criticism about these guys is that Nihonjin1051 is a too much polite person, and sveni is a too much moderate person :lol::lol:
 
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