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Federal National Mortgage Association Message Board

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  • chethc chethc Oct 24, 2002 4:31 PM Flag

    OT : Is China the next superpower?


    You got it right. Remember back in the 1980's, the big media frenzy on how the Japanese
    "economic model" was going to overtake America, and look what happened.

    The Chinese like everything else, will experience "growing pains," this coupled with their restrictive form of governance, will not be able to compete. Remember, in the 90's, the Chinese were spying to obtain American technology, NOT the other way around.

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