How do you visualize economy and politics of US when India and China rules the world in future?
US-centric world is passing away…It is going to be China-centric world in the future…
When US rose to superpower, UK was dwarfed..Now UK is no more significant in world economics and politics..
Would US become another another insignificant entity like current UK???
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Comment by mac
It’s unrealistic to think linear when it comes to the economy. Things could change on a dime. If we had the power to predict the future, most would be at the horse race track cashing in winning tickets. Another emerging market with tremendous growth potential is Brazil. Nonetheless no emerging market has the economic infrastructure like those on Wall Street, Tokyo, Frankfurt, etc.
Posted on September 4, 2010 at 2:17 am
Comment by R
No country is insignificant politically while they have nuclear capability.
Posted on September 4, 2010 at 2:52 am
Comment by Gerdoo444@yahoo.in
Many US think tanks predict that by 2020, it will be a multi polar world. It will not just be the United States as the lone economic super power as they were for most of the last century. It will be the United States & India leading the way economically, technologically and culturally. The US has many big name universities like Harvard, Princeton, Berkley and many more. India has more universities then any other country in the world. Technologically, the States has Silicon Valley in the Bay Area. India has Silicon Valley in Bangalore. Culturally, America has Hollywood. India has Bollywood.
21st century – USA, India
20th century – USA, Soviet Union
19th century – England, France, Spain
18th century – Ottoman, Austria-Hungary
17th century – Russian
16th century – Mongol
15th century – Indian
Posted on September 4, 2010 at 3:32 am
Comment by andy
I’t won’t happen, because USA is way ahead 200 years with their system and economy (create by them), and the reality is that with just a Tiny Move, if US Federal reserve (or the goverment)Decide to low The Bond Interest to 5%, Both Economy China/ India go on a deep hole (banckrupcy)
A top of it, Aprox 30% of both country Population, there still living like a third world country (so poor, that they own goverment can’t handle)
Posted on September 4, 2010 at 1:54 am