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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 496.02+0.3%Jan 29 4:00 PM EST

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To: John Vosilla who wrote (115818)1/25/2016 10:51:26 PM
From: elmatador  Read Replies (1) of 219888
 
Was China rise a good or a bad thing for the overall world economy?

Was Communism rise good or bad for the world economy?

Communism? Certainly bad. NO discussion.

In the case of China, its rise is good in the short term but bad in the long term.

We can jot down some considerations about China not risen:
which I leave open for you guys to expand

Bad
The west would have to deal with their high costs of manufacturing. We would probably now have products made by 3D printing.

All capital invested and commodities to build China would have been invested in other areas.

We would not have to battle low inflation

Japan would not have had the sharp down fall and would still postpone its return to the insignificancy it came from

A few dictators Angola Jose Eduardo or stupid regimes like Ethiopia would have changed their ways without China support.

N. Korea probably would have had opened up without rich cousin China

Good
Africa would not have had the cheap goods they now have access to from generators to air conditioners to white goods

Telecom suppliers would not have had to cut costs and make affordable networks and Smartphones
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