tag:blogger.com,1999:blog-2761684730989137546.post6843158029220441288..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Kim Jin-hyun — Should We Expect ‘Pax Asiatica’ to Arise?mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2761684730989137546.post-34946287750059730632018-09-27T13:23:19.068-04:002018-09-27T13:23:19.068-04:00“Most Western countries are worried about the rise...<i> “Most Western countries are worried about the rise of China and India, but they do not have to. China and India will never become powerhouses or empires. There are two sine qua non conditions to become one. The first is a value-based ideology. In Russia, for example, it was communism which influenced the entire world very much. In the US, it is the <b>ideology of human rights and democracy.”</b></i><br /><br />This absurd claim does not merit a response.<br /><br /><i> “The second condition is that such a powerhouse should be able to dominate the world’s food and energy. China and India are in the most disadvantageous position: they are the largest consumers of food and energy, and do not supply it to anyone else.” </i><br /><br />More nonsense. India produces oil, 78% of which is exported to foreign nations. India also exports massive amounts of agricultural products to Europe. China exports rice, potatoes, and other crops. China is responsible for about 30% of global rice production. Meanwhile the USA is a parasite, since the USA has the world’s biggest trade deficit. <br /><br />Incidentally this is outside the realm of food and energy, but China produces the most cotton in the world by far, and China’s textile industry is the world’s largest. Twenty four provinces grow cotton. The cotton industry employs about 300 million people. <br /><br />Could Russia and China become empires? This depends on their people’s collective values. If their people become as collectively greedy, hateful, stupid, and fraud-based as are most Americans, then yes, they could become empires.<br /><br />Whether they do or not, the US Empire is dying from its own corruption.Konradhttps://www.blogger.com/profile/01739209449391854796noreply@blogger.com