China is laying the groundwork for a post-American world order

Re:China is laying the groundwork for a post-American world ... by yread on Monday July 30, 2018 @02:19PM (#17646686)

I think people are expecting some grand event and suddenly next minute China is dominating. Of course it's not going to be like that! US overtook UK in GDP per capita in 1860s yet it took another 50 years or more before the dominance became clear and 100 years before it became overwhelming

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Re:China is laying the groundwork for a post-American world ... by LyndsySimon on Monday July 30, 2018 @02:25PM (#17646729)

As technology increases connections between actors in the global economy, speed of change seems to be increasing as well.

While I agree that the change won’t be a “grand event”, I don’t think it’ll take anywhere near half a century to happen. I expect it’ll happen over a decade or less and will largely be invisible to US consumers until the larger effects of our weakened currency become apparent.

I expect the rise of China as the dominant economy will be rapid and will take most people by surprise - barring, of course, a major downturn in either major economy.

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