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Korean Job Discussion Forums "The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
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rollo
Joined: 10 May 2006 Location: China
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Posted: Tue Dec 02, 2014 6:27 am Post subject: |
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There is some signs of a lang term structural shift but the current structure has worked well as evidenced by the rise of Korea, Japan and China. A stuctural change of this type could take a generation to work out. power whose population will get younger in the next twenty yeare on the U.S.'s side it is the only power who's poulation will get younger in the next twenty years.
A rapid destuction of the U.S. dollars power would devastate most of the economies of the world. Be careful what you wish for?? |
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No_hite_pls
Joined: 05 Mar 2007 Location: Don't hate me because I'm right
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Posted: Wed Dec 03, 2014 9:59 pm Post subject: |
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krnpowr wrote: |
atwood wrote: |
why does the dollar continue to strengthen, even with all these attempts to dethrone it as the world's reserve currency?
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It's strengthening because there is more confidence in the American economy and markets [equities or real estate], which is growing stealthily, than in any other economy right now. Europe and Japan are in the gutter, China's growth is fizzling, and OPEC countries and other oil producing countries like Russia are horrified right now as their economies sputter with America's new energy independence.
That's right, just when pundits like OP are casting America as a has been, it has corrected a major chink in its armor. America is self-sufficient in oil now thanks to new fracking technology and is now re-asserting itself while giving a BIG middle finger to OPEC and Russia, while it tightens its grips on Iran and tightens its embargo on Russia and tells the Saudi Royalty that its been nice being in bed with them, but they can go *beep* themselves now.
Ironically, America's international presence has been more strengthened and heralded not when war-mongering Republicans have been in office, but diplomatic Democrats like Clinton and Obama. |
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young_clinton
Joined: 09 Sep 2009
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Posted: Wed Dec 10, 2014 9:43 pm Post subject: |
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basic69isokay wrote: |
Cave Dweller wrote: |
What does Rusdia that Canada doesnt?
basic69isokay wrote: |
Everyone knows the US is declining and will continue to.....except Americans haha.
Many arab states now demand gold instead of US dollars as payment. Russian and China too.
The 21st century belongs to China and later on, Russia.
Russia is the superpower that people don't know yet. Just in natural resources alone, its crazy. Oil,gold,timber,etc...China for the 1st few decades, then Russia IMO |
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Yea true but cmon its Canada!!! They just dont really have what it takes to be a world power. They're Canadian! Cmon eh? Don't be a hoser! |
Canada already is a world power. Canada has the engineering capability to produce it's own successful aircraft, Bombardier, which I routinely fly on from country to country. Last I heard Canada was a part of the G8 countries (actually it should be G8 - 1 Russia: G7). |
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