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That's actually a really good question. But think about what it would mean for any one single individual to be able to answer you. How could they possibly know?
by igravious 9y ago
That's actually a really good question. But think about what it would mean for any one single individual to be able to answer you. How could they possibly know? And I don't mean how could the _possibly_ know, I mean _how_ could they possibly know. What would you have to learn, assimilate, and understand before you could be reasonably expected to be able to answer your question? Granted, I could reply like this to any highly complex question but as so many macro-economic questions reduce to this position from what you're asking I think it's justified.
Personally, I haven't a clue. What I see is this though. People keep predicting that China's growth is going to hit a wall. But China keeps posting figures (if you can believe them) that point to the inevitable fact that that nation will be by far the largest economy in about a decade. What happens then is anybody's guess. My _feeling_ is that there will be a swing of political power that trails economic power. What we have to figure out is whether this political transition happens relatively peacefully or not. That's the _real_ question I think.
- swuecho 9y agoAs far as I can see, political transition is not a problem in near term. The situation is actually better after Arab Spring.