Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Joe S Pack who wrote (51884)	7/29/2004 8:13:06 PM
From: RealMuLan	Read Replies (1) of 74559

>>And even these spending levels are a lot less than would be necessary to maintain America's power in the world. Over the next decade or so, the Chinese economy will actually surpass the U.S. in size. America has 100,000 troops in East Asia. If the U.S. were to try to maintain its current dominance of the region -- something that will probably prove impossible -- it would boost our military spending even further.<< According to the US intelligence, China is now spending 5 billion Yuan in building its first aircraft carrier, and if successful, will build one every 3 years or so. And in 3 decades, it might catch up the number of US aircraft carriers unless the US will build more<g>

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