“Canberra risks more by crossing China”

Here I expand on themes I covered in a post last week. I’d like to note that in the original article sent to Asia Times, I wrote “Numerous international financial institutions expect China to overtake the United States as the world’s largest economy this decade” which was edited to:

“Numerous international financial institutions expect China to overtake the United States as the world’s largest economy in the not-too-distant future – though others question if that will happen this century.”

Even if a massive housing bubble bursts, bringing down the entire Chinese economy leading to general anarchy, U.S GDP would still probably be overtaken by India’s within 80 years.

Still, this may be my first Asia Times piece to break 300 “likes” on facebook!

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December 22, 2013 · 11:52 am

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