by The west is still finding it extraordinarily difficult to come to terms with China’s remarkable ascent The West took over the world by military conquest and technological achievement, but China is now doing the same, but only with technology and commerce. China's wealth is built by hard work, not conquest.Many Western economists and academics said China was an economy built on steroids with printed money and would soon collapse, but it was the West that collapsed instead - in 2008 - and we are still suffering the consequences. By 2010, China was beginning to have an impact on the global consciousness in a new way. Prior to the western financial crisis, it had been seen as the new but very junior kid on the block. The financial crash changed all that. Before 2008 the conventional western
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
The west is still finding it extraordinarily difficult to come to terms with China’s remarkable ascent
The West took over the world by military conquest and technological achievement, but China is now doing the same, but only with technology and commerce. China's wealth is built by hard work, not conquest.
Many Western economists and academics said China was an economy built on steroids with printed money and would soon collapse, but it was the West that collapsed instead - in 2008 - and we are still suffering the consequences.
The Guardian
This decade belonged to China. So will the next one Martin Jacques