... and what does how much people live on prove?
The word is emerging! Both have immense growth potential in the future that will see significant price inflation in the western world as these new economies start make demands on the same resources and products that we currently do.
Here's a simple thought, China has the potential in a decade or two's time to make the same demand on petrol/gasoline supplies as three USA's. What do you think that is going to do for global prices and supplies?
Both countries are also nuclear armed. China has an army several times over the size of the USA's. What do you think your chances are?
It might be easy to belittle them now but that only demonstrates a severe lack of foresight.
2007-08-11 04:51:45
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answer #1
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answered by 203 7
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The word "emerging" means they are becoming something they are not yet.
In terms of military strength, China could already be considered a superpower because they have enough nukes and delivery systems to make it foolish for any other nation to launch a major attack against them. India also has nukes and "emerging" delivery capabilities.
People from both nations attend our best colleges and are learning skills that will help their nations emerge further. Hopefully those who return to China will take a hunger for democracy back with them.
I often wonder what "a dollar a day" actually represents. I suspect it is the cash component of a family's take home pay and doesn't actually represent what they own and consume. If they have food, clothes, housing, education and medical care there is no way "a dollar a day" represents the same amount of wealth that it would in The USA.
A family that owns a plot of land and a house, and grows/raises their own food might be doing pretty good on a dollar a day in cash income per person compared to someone who has a higher income but has to pay rent and buy food.
2007-08-11 04:53:15
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answer #2
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answered by Yaktivistdotcom 5
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Yes undoubtedly China and India are on the way up and although there is great poverty that becomes an engine to drive the economy upwards, cheap labour has traditionally boosted emerging economies.America is on the downward trend with truly astronomical debts.China is in a position to cause catastrophe to America financially because she has vast dollar holdings which could be flooded onto the markets. America also has more than it's share of abject poverty in communities neglected by their Government.America's financial collapse could be very sudden due to panic selling on the World stock marlets.
2007-08-11 07:47:27
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answer #3
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answered by Anonymous
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thats why my IGNORANT counterpart its given the EMERGING superpower status learn a few more words then post a sensible question
if 850,000,000 are living under a dollar and their economic prospects are rising then its called emerging superpower status because we are growing economically while have an enormous population
just because roughly 60% live under a dollar doesnt mean the other 40% do as well
and yes i think these countries will rise up to america just as america did rise up to britain
seriously did you ever think of doing a bit of research before reading a news article and blabbering about it without having any meaningful insight whatsoever?
2007-08-13 23:41:04
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answer #4
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answered by YR1947 4
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That is why they're called Emerging. Be careful in how you correlate the cost of living from one country to the next. Economies aren't built overnight. You could have said the same thing about all countries at some point in their history.
2007-08-11 04:46:02
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answer #5
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answered by JohnFromNC 7
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Yes, I do not see that great individual wealth has anything to do with it. They live they are hungry they are determined. With respect to USA like the British Empire they are on a downward slope, they don't know it yet but they soon will Vietnam was thew start. People realised that US could be beaten.
Before someone starts I am not anti-American and as a Brit only vaguely anti British
2007-08-11 04:45:39
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answer #6
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answered by Scouse 7
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A superpower is a superpower because of its miliatary and technological strength, not the equitablness of its social organization.
The Russian empire was a Great Power despite the serfdom and the misery of much of her population
2007-08-11 09:05:01
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answer #7
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answered by fundamentalist1981 3
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The fact that a countries government feels a lack of guilt about exploiting its own populous is its own doing. However the fact that the government is getting as wealthy as the US is what counts when classing a super power.
2007-08-14 12:03:57
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answer #8
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answered by jb 2
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you dont need to be a powerful country anymore, you just need the money to pose as one, britain is on the world stage
posing as a top country, but the military cant stretch to it, the budget cant stretch to it, without robbing the people in taxes and fines for everything under the sun, we are a small country trying to act big, and making a big mess.
2007-08-11 23:55:44
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answer #9
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answered by trucker 5
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America ain't no better. there is loads of homeless people there and most of them are not junkies. With every superpower there is fodder. It just shows how selfish and greedy human beings can be.
2007-08-13 00:15:57
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answer #10
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answered by Anonymous
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