United States loses AAA credit rating from S&P

Re:United States loses AAA credit rating from S&P by jerf on Friday August 05, 2011 @09:49PM (#2852620)

"This is demographically and economically inevitable."

Oh, no it's not. First China has to hold together over that time frame. This is feasible... this is not inevitable. There's a lot of tensions over there. Then even if they pass that test, there's other things they're going to have to deal with.

Right now, there isn't a single world power that's looking to be "inevitably powerful" in the next 50 years, it's really "anybody's game".

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Re:United States loses AAA credit rating from S&P by stcredzero on Saturday August 06, 2011 @12:45PM (#2854263)

First China has to hold together over that time frame. This is feasible... this is not inevitable. There's a lot of tensions over there. Then even if they pass that test, there's other things they're going to have to deal with.

Right. It's entirely possible that China can hold together as a sovereign nation, but will develop or hold onto pathologies which will cripple it as a major power. Then again, the same could also be said for other potential powerhouses like Brazil, Russia, and India. The same could even be said for the EU and the US.

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Re:United States loses AAA credit rating from S&P by eric-hu on Friday August 05, 2011 @11:03PM (#2852817)

"Right now, there isn't a single world power that's looking to be "inevitably powerful" in the next 50 years, it's really "anybody's game"."

The Vatican?

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Re:United States loses AAA credit rating from S&P by n09n on Friday August 05, 2011 @11:02PM (#2852815)

China doesn't need to hold together for that to happen. China has a far stronger ability than most other countries to collapse, reform, and remain "China."

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