Met,
A few months ago one of the posters, I think it was FullTimeStudent but don’t hold me to that, posted several OP on the Chinese economic miracle. A lot of us, myself included, posted rational comments in response. I didn’t understand FTS’ reasons but then a few weeks ago they posted that they were leaving for a long-planned trip to China. That made all of the other posts make sense.
You, on the other hand Met, have already shown your cards about why you post to these topics; for some reason you seem to have a deep and abiding hatred for the U.S./British/Israel economic and military position in the world. When you think you have found a nugget suggesting the imminent demise of any of these entities, your posts drip with glee and spite.
Your hatred belongs to you; only you understand it. However, it colors your perspective and leads you to obsess and compulse it to this site, typically in a non-veiled rant. You are trying your best to hide your loathing in this post, but we already know how you feel.
Your posts haven’t a rip to do with China or its economy. I’m assuming you aren’t Chinese and it is clear you aren’t an economist and haven’t had any training in it. If a colony of little blue Martians was able to thrive on this planet and you found one, just one, article suggesting the little blue guys (even if they clealry had derision for people who chose self important screen names to hide the fact that they had otherwise never accomplished anything) were about to supplant your hated U.S/British/Israeli triad, you would first orgasm all over yourself and then head immediately to the keyboard and this site.
My last word to you on this OP and any future ones like it: Serious economists, both in this country, around the globe AND in China, both academics and government employed alike,have major concerns about a number of potential landmines ahead for the Chinese.
As for India? The problems with India are legend, including social, religious, political and corruption. They are at best several generations away from addressing these problems to the point where any serious economist would suggest they can maintain a thriving world class economy. If at all. Many of these same problems exist in China. They may solve them all; I’m hoping they do.
But riding an economic wave and developing a sustainable long term thriving economy which can adjust to changing world conditions is not an easy task. Right now the best ones have established a very good balance of socialism and Darwinian capitalism, and they are almost all located in N. Europe and the Scandinavian countries. And even these countries are re-visiting some of the social programs. These countries have been on the ‘happiest countries’ list for years. There is a reason for this. The U.S. is right behind them but has allowed the disparity between the haves and have nots to rise to troubling levels. Unless this is addressed, the U.S. will continue its slide. I'm not "Solomonesque" enough to know hot to 'fix' the problem, but few believe it doesn't need fixing. In the meantime I suggest getting a good text on Economics, including macro, micro and global economic theory and practical application. And google Adam Smith.