Re: Will the US remain a world power, if so how, if now why not?
Are you in a bubble? -
source
I am sorry, you were actually right about this one, third quarter France stagnated, 0% growth from second quarter..
But overall the picture in Europe seems pretty decent, with that exception.
http://epp.eurostat.ec.europa.eu/pl...REREL_YEAR_2006_MONTH_11/2-14112006-EN-AP.PDF
It's not hard to understand at all. You seem to have this illusion that eastern european growth = european growth overall even though growth in most of western europe is near negligible.
quarter2
http://epp.eurostat.ec.europa.eu/pl...EREL_YEAR_2006_MONTH_10/2-11102006-EN-AP1.PDF
quarter3.
http://epp.eurostat.ec.europa.eu/pl...REREL_YEAR_2006_MONTH_11/2-14112006-EN-AP.PDF
With the exception of Italy and Portugal it seems pretty good overall, very strong in the east. Greece had a pick of from stagnation.
EU25 2.8% from quarter 3 of 2005, the US 2.9%, far above Japan for example.
The Eorozone a bit behind with 2.6%, but hardly stagnating..
You better read your numbers again boy, and let me know real facts next time.. Sorry about being wrong with France, I admit you were right, I just hadnt seen it yet, and I dont blindly believe peoples claims on the internet.
Tell me how that one works given the current
divisions culturally, ethnically and most important - nationally.
Well, you dont live in Europe, do you? People are mixing all around, infact all around me I see people from Poland, Holland, Germany, England, Spain, Italy etc.. And hey, right now, I am in Ireland.. I came from Bruxelles, there I was surrounded by Scandinavians, Italians, French, Eastern Europeans, all kind of people, and they get along GREAT.
You cannot sum up intregation in an article, nor can you comment on it when you are not seeing it first hand.
When the growth rate falls smaller than the job demand - that economy is not doing very well. Most of western european countries today fall under that definition.
Well, if that is the case, nor is the economies of the US, Japan and most other industrial nations, ECXEPT Russia.. only developing nations are doing well according to your defintitions..
Again, I CAN show you more numbers if you need for you to see that the growth and activity is about the same as the US now, having a comback from sluggish growth, overly positive outlooks.. I suggest you look at different papers in Eurostat and find out that MANY figures are very positive and only getting better.
That's the problem. you don't have surplusses with other countries.
I beg to differ...
2-21122006-EN-AP.PDF - pdf2html
Service surplus.
The European countries have lots of surpluses with different countries around the world, but ALLTOGETHER there is a trade deficit, but hardly mentionable when looking at the US debt/deficit problem.
I couldnt find the paper in PDF, but I can refer you to a form page where you can see the stats.
Germany is impressive -however the EU can not depend on just one Germany.
Yes the US has trade deficits the world over - but in contrast to Europe the US also leads the world in market design through research and development. In other words, the leader almost always in the "next best thing".
Export figures of the world..
#1 Germany: $1,016,000,000,000.00
#2 United States: $927,500,000,000.00
#3 China: $752,200,000,000.00
#4 Japan: $550,500,000,000.00
#5 France: $443,400,000,000.00
#6 United Kingdom: $372,700,000,000.00
#7 Italy: $371,900,000,000.00
#8 Netherlands: $365,100,000,000.00
#9 Canada: $364,800,000,000.00
#10 Korea, South: $288,200,000,000.00
#11 Belgium: $269,600,000,000.00
The Eu country numbers DO include intra trade between member states, BUT there are figures that shows that the EU external exports is close to 2 trillion € annually, or more than twice as much(bigger than China AND the US together), closer to 2.5 more than the second largest, the US, hardly only Germany that is impressive. Per capita, the exports is about 1.2 ratio to the US then. So per capita the EU export a little more, in contrast with the GDP that is lower..
On what accounts?
How many of that rapid defense has ever been commited to the protection of european interests? Frankly individual nations will only care about individual nations. Not a single european nation will ever have the amount of influence militarily as the US.
No not a single European nation will have the military of the US, a European federation will have equal if THEY WANT.. BUT I do not think they want or need that, and will have an almost equal military to the US.. But since we are allied, that will be plentiful, Europe can then also contribute to the defence of the US through NATO if needed, instead of only relying on the US military and the national militaries of the European nations(inefficient).
A combination through NATO of the two strongest militaries of the world though NATO will be an unchallenged military alliance, which is needed when China is rising.
Without Europe and a strong NATO, the US influence and power will crumble to irrelevancy.
Greed like the US? That's just a bias jealousy towards the US with absolutely no basis whatsoever.
The US is a greedy capitalist society, where everything is about grabbing the most for yourself.. Europe is different than this, but still capitalist.. The only thing I mean, European dont let themself be consumed by greed.
Is that what led the US through the 90's? War?
Yes..
Perhaps that's what led the US in the 20's? Europeans are not dependent on weapon proliferation? Stats of British and French say otherwise.
There is a large portion of the US economy that is from military and oil represents transportation as does in all other economies in the world including European.
Well, Americans consume twice as much oil as Europe, yet we all have cars and electricity as well.. They also pollute twice as much.
US policies are not for the world, they are for the US - pursuit of market interest policies are representative of any economy in the world.
The premise of this thread is that of seeing if or how the US power would fall on solid basis. What you've shown thus far are nothing more than a bias jealousy and ignorant assumptions.
You are right, US policies ARE not for the world, they are for the US, the exact reason the US must focus on their home policies and not break their good relatiohsips with countries around the world like they have the last 5 years.
The influence the US had around the world is broken, and ready to take over or be equal or better is both the EU and China, and India is also coming..
In a world of Europe united, China and India, the US will mean far less than they did after their powergrab after second world war, and the nomination of dollar as oil currency, the ONLY two reasons the US have been a superpower..
European culture and history has dominated the world the last thousand years, the US a sattelite influence of Europe, hardly much different has been a dominant power in the shortcomings of Europe after it laid crushed after world war 2.. Europe is not crushed anymore, and had a fantastic comeback the US did not have to go through.. Europe will also definetly play a large or the largest role in the world the next thousand years.
You here deny that you've stated "Again your fallacy rests that you think the US economy is going to remain dependent on oil as well as a flawed assumption that the Euro is independent of oil." yet
here in this post you clearly make the statement that AS well as the former statement that European economy has somehow already become
dependent only on hydrogen.
I've not twisted any of your words, only continued on what you have yourself stated.
You have misunderstood then..
No where do I state that Europe has no dependency on oil and have already switched to a hydrogen economy.. I suggest you re-read.
I didnt say it is dependant on Hydrogen, I said it is not dependant on oil to the same degree that the US is, and that IT will BE the dominant currency of the Hydrogen economy WHEN it comes.