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Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 decade ago

Is the US losing its superpower status?

The economy is really bad. Our deficit is super high. Our foreign policy is rude, arrogant, and risky. Our education system is a failure. What will become of us?

16 Answers

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  • Lucy2
    Lv 4
    1 decade ago
    Favorite Answer

    "2010: China will become the world's second biggest economy by nominal GDP, surpassing Japan. China becomes the biggest economy in the world by PPP, surpassing USA. China is currently the third largest economy in the world next to Japan and the US.

    If trends continue, China will become the biggest trading nation (total imports and exports) by 2013-2014, and become the world's biggest economy by nominal GDP by 2017" China Daily 2007/3/02

    China believe they can catch up with US by the year of 2017. At least, that is their goal.

    Check out these two of the most popular China's young pop groups, see how much Hollywood in them, personally I see a great market for the US products in the makeing!!

    http://www.wretch.cc/video/onlyyouxi&func=single&v...

    http://www.wretch.cc/video/onlyyouxi&func=single&v...

    http://www.wretch.cc/video/na6313025&func=single&v...

    http://www.wretch.cc/video/wish725610&func=single&...

    http://www.wretch.cc/video/b8653045&func=single&vi...

    http://www.wretch.cc/video/shunita&func=single&vid...

    In Nov. China consume more than double of US products due to the fallen rate of USD

    China in November announced its sweeping economic stimulus package valued at about 4 trillion dollars

    spending on its infrastructure, which will requires money from US reserves, putting more pressure on

    the value of USD.They want to overcome this worldwide economic downturn by focusing on domestic market.

    Since 2004, when the amount of the government bond issuance reached an annual average of $400 billion,

    94% of US government bonds have been purchased by China and Japan. It is estimated, The US owe China between 1-2 Trillions.

    "There is no wonder the dollar will weaken," said Eisuke Sakakibara, Japan's former top currency official and now

    a professor at Waseda University. "The dollar now looks strong for a technical reason. The money the US financial

    firms had invested in the world is being repatriated into the homeland, causing dollar-buying.

    But once this conversion into the dollars is done, the currency will head south,"

    LARGEST INVESTORS IN CHINA HAVE BEEN JAPAN, TAIWAN(HK),KOREA, EU, FOLLOWED BY THE USA.

    China is no longer accepting labor based investments. All labor based foreign investments that already existed in China are forced to move to the

    poor inland and farming villages to improve the large poor population in the inland China.

    China is confident that IT, chemical, bio technology, electronic and service industries can now support the rich coastal cities,

    and they are aiming at upgrading the level of economy.

    In fact, they have much more advanced stem cell biotechnology. They claim will be able to supply all human blood needed in China within five yrs through

    stem cell technology.

    http://www.bloomberg.com/apps/news?pid=20601073&si...

    http://morbidsymptoms.blogspot.com/2008/11/end-of-...

    http://bbs.chinadaily.com.cn/viewthread.php?tid=55...

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  • 4 years ago

    The first line of this newsletter is a query, no longer a assertion of reality. We are will the lone superpower correct now. It's in hazard of wasting that fame due to the fact ninety% of the populace are not able to competently interpret a information article.

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  • 1 decade ago

    Then I think it is time for the American people to get off their collective Duffs and make this country what it should be..instead of just sitting down and saying *why is the government failing* ???

    say instead..Why are WE failing?

    The US is Rude? it what fashion? is it any less rude then the younger generation is to authority or their own family?

    When you are number ONE are you not arrogant and flaunt your power?

    Education is a failure as the parents are the responsibility of the children's education ..don't SEND kids to school and expect the Schools to make your kids think ..they should do this on their own

    Men like Lincoln and other were all self made when they had NO

    Schools

    What will become of US? gee..I don't know? maybe WE better start

    doing for ourselves and think in the survival mode instead of depending on the government

    Social Security and Medicare and Medicaid are Failing

    85 million Baby Boomers are soon retiring ..forget depending on the Government..you have to be your own Santa Clause

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  • Anonymous
    1 decade ago

    The USA is no longer a Superpower.

    Due in part of 8 years of failed Bush policies. Recession/Depression, education failed (actually it never worked). The Rich remain rich, the middle class will become poor.

    What will become of the USA, we will become like France, Greece or like some other European nation with a proud past, but less than wonderful present or future.

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  • Anonymous
    1 decade ago

    When JFK ran for office against Nixon who was V P at the time The Russians were ahead of us in space Their system of government ruled half the world JFK said they were far ahead of us militarily and that the Republican let this happen People were building ungrounded shelters in their back yard After he took office he said No need to build up our military we were far ahead of the USSR that is how he got in office it well be the same with Obama

    Take it ease are the Russian putting missiles in Cuba are the Chinese calling us running dogs paper tigers are you paying tens of thousands for a underground shelter do your children have ''duck and cover' drills at school

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  • Ted T
    Lv 5
    1 decade ago

    The rest of the world hopes that the next 8 years will see you regain our respect and recover the ground you have lost. It is never too late but keep on with the way you have been going and you might be correct. Good luck.

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  • Anonymous
    1 decade ago

    Afraid so. I'm glad we're not a superpower anymore. People are arrogant and mean when they think they're on top. Now that we aren't, we'll probably be a lot nicer and more relaxed.

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  • Anonymous
    1 decade ago

    we began our fall from super power status in 1971 when nixon took us off of the gold standard. this allowed unchecked government expansion and spending which will culminate in the total collapse of the dollar.

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  • S P
    Lv 6
    1 decade ago

    It's really more the rise of new powers. America has had a shaky economy and lousy education system since its foundation.

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  • Anonymous
    1 decade ago

    I dont know. Im scared like you are. Nothing will ever change until the government starts listening to the people whom truly own this government and not the special interest, major parties, and lobbyists. until then, game over.

    Source(s): LiBERTY!!!!!!!!
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