For over a century, the United States has been the economic powerhouse of the world. But not much longer. We are not paying enough attention to the triple threat of China, India and Russia that are emerging as global economic powers in their own right. China is a danger to us in that China, with its 3 billion new capitalists, is consuming an increasing amount of global resources, which is driving the cost and availability up for our country. China today has about a million cars. In 15 years it is estimated they will have 160 million cars. Where’s the fuel for those cars going to come from? India has a billion people, they are surprisingly well educated, and they speak English and so the cost of labor there is a fraction of what it is here. We’re going to see more and more jobs migrate from the United States to India. Russia ’ s geopolitical objectives are very counter to ours, and Russia has enormous gas and oil reserves, which are going to make it a new and dangerous power in the world. Each of those three countries has global objectives that do not necessarily align with the objectives of the United States. They are countries with newfound wealth and we are a country of enormous debt
Posted on: Tue, 23 Jul 2013 17:57:53 +0000
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