World economy talk

[dr. d]

Bakit pala parang sa China lang galit mga Pinoy when every country around the Spratlys are claiming part or the whole of the islands? Naagawan pa nga ng Vietnamn isang island from us di ba with a game of basketball?

only china has constructed a homungous concrete structure on the disputed property.
only china has openly threatened us with ships with guns. they even rammed one of our fishermen's boats.
and according to some info, china even includes their "ownership" of the disputed area, in the content of their education system .

[shadow]

Who would have thought China will be who they are now 10 years ago?

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Tanong mo si uls elemtary pa lang and all throughout HS tinutuktok na sa ulo ng mga students sa chinese schools na China will be the next big thing. Kaya dapat students have to learn Mandarin dahil that will be a very important tool for business.


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[shadow]

Bakit pala parang sa China lang galit mga Pinoy when every country around the Spratlys are claiming part or the whole of the islands? Naagawan pa nga ng Vietnamn isang island from us di ba with a game of basketball?

It's plain and simple bullying. Diyan ako bwisit talaga sa China, porque walang magawa Pilipinas dahil poor and small country?


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[_Cathy_]

Garapal kasi yan China [emoji35]

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[misseksaherada]

only china has constructed a homungous concrete structure on the disputed property.
only china has openly threatened us with ships with guns. they even rammed one of our fishermen's boats.
and according to some info, china even includes their "ownership" of the disputed area, in the content of their education system .

Doc.. Guilty ako na masama ang prayers ko dati.. Hiniling ko na sana kapag nagka-earthquake yung nga tinayo ni China yung maapektuhan.. Or magka-Tsunami to the point na masimot lahat ng ginawa nila.. Hopeless na ako dahil wala tayong enough na powers para protektahan sovereignty natin..
Pero.. Pero.. Kawawa naman yung mga Chinese na nagwu-work lang para sa kakainin ng pamilya.. Kahit hindi nila gusto yung ginagawa gobyerno nila pero yun lang din magpapakain sa kanila..
Matibay na mga structures dun at pinagkagastusan na.. Sinong normal na tao ang isusuko na lang yun na walang kapalit.. Parang napikot lang tayo.. No choice..

[jut703]

Garapal din naman US. Have they ever been held accountable for their prior colonialism? Vietnam war? Iraq "war on terror"? Proliferation of drug trade in central America?

In all of these examples - epal ang US. Kunwari tutulong pero end up sucking these countries dry and consolidating their position as global superpower.

Same with EU - reason they can have such idyllic lives now with short working hours and generous benefits is because they were able to enrich their nation's coffers for several centuries at the expense of other 3rd world countries.

For example, has the UK ever been made accountable for the never-ending border war they caused between India and Pakistan because they haphazardly divided the 2 countries after they were done sucking dry the south Asian subcontinent in 1947?

None of these imperialists have ever given proper reparations to their invaded colonies yet have the gall to call out China today.

Not defending China, they're truly a big bunch of bullies now who know they're too big to be stopped by anyone, but it's really pot calling kettle black when I see the US acting like a "good guy".

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[shadow]

Garapal din naman US. Have they ever been held accountable for their prior colonialism? Vietnam war? Iraq "war on terror"? Proliferation of drug trade in central America?

In all of these examples - epal ang US. Kunwari tutulong pero end up sucking these countries dry and consolidating their position as global superpower.

Same with EU - reason they can have such idyllic lives now with short working hours and generous benefits is because they were able to enrich their nation's coffers for several centuries at the expense of other 3rd world countries.

For example, has the UK ever been made accountable for the never-ending border war they caused between India and Pakistan because they haphazardly divided the 2 countries after they were done sucking dry the south Asian subcontinent in 1947?

None of these imperialists have ever given proper reparations to their invaded colonies yet have the gall to call out China today.

Not defending China, they're truly a big bunch of bullies now who know they're too big to be stopped by anyone, but it's really pot calling kettle black when I see the US acting like a "good guy".

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Kaya galit din mga lumang tao na Vietnamese sa US.

Iraquis galit din sa America. But that's their thing bansa nila yun na rape ng US.

For China, Pilipinas ang binu-bully nila ngayon so my hatred are towards them.


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[madball]

The claim that China is going to be the world's most powerful nation x years from now and that it would subsequently establish a new world order similar to Pax Americana is just another prediction that makes a lot of assumptions and leaves out a number of variables. First of all, China's growth prospect isn't all sunshine and rainbows. Its economic growth has been slowing down in the past decade and like US, it has massive debt problems. China is also facing a serious demographic crisis that is worse than Japan due to the one-child policy. To address this, China is shifting its manufacturing-based economy
to a service and consumption-driven one. Whether it can successfully achieve such transition remains to be seen.

Second, hegemonic status is not solely determined by economic might. Even if China overtakes US in economy, it still has a long way to go when it comes to political and military power.
US has a large and advanced military force positioned across key geographical locations for unprecedented power projection. It is also allied with some powerful nations not only in the West but also in Asia. Even India who is expected to become another superpower in the region is now getting closer to US. Compare that to China who is engaged in multiple territorial disputes, surrounded by hostile neighbors. Makes you wonder who truly is pursuing an isolationist policy.

Third, a lot of unexpected things can happen in the span of years or decades. Black swans and gray rhinos can significantly alter the course of geopolitical events. A good example is the current covid pandemic and its profound impact on the global economy - no one saw this coming.

[glenn_duke]

The claim that China is going to be the world's most powerful nation x years from now and that it would subsequently establish a new world order similar to Pax Americana is just another prediction that makes a lot of assumptions and leaves out a number of variables. First of all, China's growth prospect isn't all sunshine and rainbows. Its economic growth has been slowing down in the past decade and like US, it has massive debt problems. China is also facing a serious demographic crisis that is worse than Japan due to the one-child policy. To address this, China is shifting its manufacturing-based economy
to a service and consumption-driven one. Whether it can successfully achieve such transition remains to be seen.

Second, hegemonic status is not solely determined by economic might. Even if China overtakes US in economy, it still has a long way to go when it comes to political and military power.
US has a large and advanced military force positioned across key geographical locations for unprecedented power projection. It is also allied with some powerful nations not only in the West but also in Asia. Even India who is expected to become another superpower in the region is now getting closer to US. Compare that to China who is engaged in multiple territorial disputes, surrounded by hostile neighbors. Makes you wonder who truly is pursuing an isolationist policy.

Third, a lot of unexpected things can happen in the span of years or decades. Black swans and gray rhinos can significantly alter the course of geopolitical events. A good example is the current covid pandemic and its profound impact on the global economy - no one saw this coming.

Growth rate




Demographics




Doesn't really look good for China in the long run, but China can fake anything, Im sure they will come out with something.

[jut703]

Second, hegemonic status is not solely determined by economic might. Even if China overtakes US in economy, it still has a long way to go when it comes to political and military power.

This is the world economic thread after all, so when I was saying China will be #1, I was referring to economic status i.e. largest GDP. [emoji846]

But you're right that power in terms of military or geopolitical influence is more complicated to build. The US has far bigger military spending despite China having a larger army.

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[uls]

sana manalo uli si Trump

bye bye pax americana

[jut703]

sana manalo uli si Trump

bye bye pax americana

If Americans reelect Trump then they get the gov't they deserve, 'no?

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[uls]

If Americans reelect Trump then they get the gov't they deserve, 'no?

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yes definitely

i hope they reelect Trump

so America's ongoing decline will accelerate

[_Cathy_]

yes definitely

i hope they reelect Trump

so America's ongoing decline will accelerate

Why do you want that to happen to the US?

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[uls]

^^^

the US is too arrogant

[uls]

i see a multipolar world

i want a multipolar world

not a world where there's only 1 superpower

di pwede isa lang ang siga

[uls]

america was partly responsible for china's ascension. washington lobbied aggressively for beijing's entry into the wto at the turn of the century because they thought that the chinese will playball w/ them in terms of further opening up the country to international trade and eventually abolishing the politburo power structure of china w/c in turn will encourage "democratic rule".

when i read that i felt i posted something that sounded like that before

found it

[jut703]

Hehe Uls bat ang hilig mo magquote ng sarili mong post para iemphasize na tama ka? Parang kagalingan vibes talaga 'no?

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[StockEngine]

Tensions between China and India are spilling over into global business - CNN

[Little Missy]

Some economists think that the 3-4 months shutdown of US economy is justified because by putting a $ value on human life, the lost from covid19 deaths will be greater than the lost in economy. The US government has been using this cost benefit analysis when implementing policies for decades.

Planet Money: Lives Vs. The Economy on Apple Podcasts

Social Distancing: Are The Costs Of Shutting Down The Economy Worth It?

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