Prediction: The US will emerge more powerful after the economic crisis

[Psychic Octopus]

Prediction: The US will emerge more powerful after the economic crisis. I think that following this recession in 2009 and probably 2010, we we'll emerge shaken, but not defeated, and have large economic growth for the rest of the decade. The Eurozone will be weaker, Japan somewhat stronger, China with a somewhat bigger role, and The US in favor with most of the world. I think that late in the decade though, The giant churning cauldron known as China will burst, as bubbles always do, and plunge them into recession.

[dead0man]

Before all the pessimists get in here to tell you you're wrong let me get in an "agreed".

[Stranger in a strange land]

yes, but only because the rest of the world will be hurt worse than we will, and because the crisis forced the  US to elect a competent president.

[Nhoj]

maybe as oureconomic crisis could bring down chinas government if it gets bad enough and what you said about china is already happening there has been alot of plant closures in china recently but i think it also has the potential to make china smarter about how they run their economy.

[The Man From G.O.P.]

So many in the mainstream are predicting doom this your idea must be reality. No kidding.

[Sam Spade]

All told, the answer is no, although it may seem for a while like it's yes.  Unless some important economic changes are made.

Everyone will be a good bit weaker for quite a while anyways.

[Purple State]

If Obama plays this correctly the US could very well rise from the economic crisis both stronger internally as well as in the realm of public opinion and maintain that status for a long time to come.

I agree on China as well and the current crisis has revealed some gaping faults in the Chinese economic program. I would expect a relatively slow decline in the Chinese economic influence over the next decade as they spread themselves to thin and fail to address the massive poverty in their nation. However, I do not expect a massive economic collapse. Instead, China will slowly fade away as a rising economic power, simply attaining the same status as many of the European nations: economically significant, but not wholly necessary.

[Psychic Octopus]

maybe as oureconomic crisis could bring down chinas government if it gets bad enough and what you said about china is already happening there has been alot of plant closures in china recently but i think it also has the potential to make china smarter about how they run their economy.

The chinese have no idea abot the economy they have produced. It is so powerful that many think the bubble will never pop. But bubbles always do in one fashion or another. Their economy cannot produce at 10 percent-levels for the next 30 years it is impossible. We say they will own the 21st century and there current growth levels will remain the same, but look to the past.

1950s: Thje Soviet Union's economy was growing at three times the rate of America's, and most leading experts said Russia would become the largest economic force in the 1970's. didn't happen.

1970s: Many said Germany would be the dominant Economic force due to high, stable growth rates. Epic fail.

1980s: I would have believed this, that Japan would become the largest economy. And they could have, maybe, or atr least have an economy of 7-8 trillion GDP instead 4 trillion today. They made some bad policy desicions, and alas, they did not survive.

The same is being predicted about china. If the Us Economy is a 21st century state of the art jet, the chinese economy is a 1990 jet but with 60's era controls. They rely a lot of government techniques, which are sometimes crude and innefficent. China will by no doubt a powerful economy, but more like Japan today.

[Purple State]

All this brings the major question of the 21st century: what second language should forward-looking Americans learn?

[Matt Damon™]

All this brings the major question of the 21st century: what second language should forward-looking Americans learn?

Spanish

[Psychic Octopus]

All this brings the major question of the 21st century: what second language should forward-looking Americans learn?

That is another stupid one. Every other immigrant learned english, and most hispanic kids in the school system pick it up fast. It's just there parents don't.

[Purple State]

All this brings the major question of the 21st century: what second language should forward-looking Americans learn?

That is another stupid one. Every other immigrant learned english, and most hispanic kids in the school system pick it up fast. It's just there parents don't.

There are definitely languages worth learning though. Will Latin America be the next region to undergo rapid economic booms like Asia did the past 30 years? Will Asia remain the major area for economic growth and American reliance for a long stretch?

Chances are the second-language to know will be either Spanish, Japanese, Mandarin Chinese, Arabic, or Hindi.

[opebo]

I think there are two separate issues here that determine which country is the hegemon.  It is primarily an issue of where the 'head office' of capitalism is located - where is the locus of the exploitation.  Secondarily, it is an issue of population.

For example, England was the locus of the World System in the nineteenth century, but being a small island with a small population it was not that difficult for the US (and Germany) to eclipse Britain.

Nowadays the center of power is clearly right there in NYC and DC, and the military apparatus which protects it is based on a huge and still growing population (310 million plus).  Sure there are lots of other factors at work, and sure, there's a lot more economic activity in the hinterlands in 2009 than in 1969, but the world policeman (the military power that defends the owners, whatever their nationality) is still and will remain the US.

Oh, and by the way, is the any reason that the average american should be pleased by this?  No, of course not.

[Psychic Octopus]

All this brings the major question of the 21st century: what second language should forward-looking Americans learn?

That is another stupid one. Every other immigrant learned english, and most hispanic kids in the school system pick it up fast. It's just there parents don't.

There are definitely languages worth learning though. Will Latin America be the next region to undergo rapid economic booms like Asia did the past 30 years? Will Asia remain the major area for economic growth and American reliance for a long stretch?

Chances are the second-language to know will be either Spanish, Japanese, Mandarin Chinese, Arabic, or Hindi.

What I meant was that it won't become our official language.

[True Federalist (진정한 연방 주의자)]

All this brings the major question of the 21st century: what second language should forward-looking Americans learn?

English