Comments on: If the US dollar collapses and the economy crashes, will Asia be the new economic power? http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/ A Better Path for the US Economy. Thu, 20 Nov 2008 16:25:14 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: ik http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-22 ik Thu, 05 Jun 2008 09:22:31 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-22 Today a large chunk of Asia is owned by American and European investors. The average Asian still has a long way to go to reach the life standards of the Western countries (Japan excluded). I think the power will shift from North America to the united Europe (West & East), but that does not mean the situation is that bad in America nor that wonderful elsewhere. As for the Chinese and eastern Europeans, they are the new consumers that will keep the same global capitalist system running. Today a large chunk of Asia is owned by American and European investors. The average Asian still has a long way to go to reach the life standards of the Western countries (Japan excluded). I think the power will shift from North America to the united Europe (West & East), but that does not mean the situation is that bad in America nor that wonderful elsewhere. As for the Chinese and eastern Europeans, they are the new consumers that will keep the same global capitalist system running.

]]> By: Kalia http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-21 Kalia Tue, 03 Jun 2008 02:23:00 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-21 From what I've heard, the Canadian dollar might be worth the most if the economy collapses. The currency in Asia isn't worth that much at this point. For instance, 1 U.S. dollar equals about 7 Yuan in China. The dollar might become somewhat equivalent in Asia, but I doubt it would be worth more. It's kind of like if we go into a World War III, Brazil will become the most powerful country in the world. From what I’ve heard, the Canadian dollar might be worth the most if the economy collapses. The currency in Asia isn’t worth that much at this point. For instance, 1 U.S. dollar equals about 7 Yuan in China. The dollar might become somewhat equivalent in Asia, but I doubt it would be worth more.

It’s kind of like if we go into a World War III, Brazil will become the most powerful country in the world.

]]> By: bfarl33 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-20 bfarl33 Fri, 30 May 2008 17:56:07 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-20 Hey! You figured it out. The Chinese have been sitting in the weeds for years. They are VERY patient and when the time is ripe, they'll act. No outright war for them - they will get us financially and economically. Why do you think they're sending all their highly intelligent young people to American and Canadian universities? What are they majoring in? The sciences, computer technology and finance. Hey! You figured it out. The Chinese have been sitting in the weeds for years. They are VERY patient and when the time is ripe, they’ll act. No outright war for them – they will get us financially and economically. Why do you think they’re sending all their highly intelligent young people to American and Canadian universities? What are they majoring in? The sciences, computer technology and finance.

]]> By: justanotherengineer http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-19 justanotherengineer Fri, 30 May 2008 04:34:02 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-19 First of all, it is more complicated than that. Thanks to globalism, EVERYONE's economy is connected. You see it every week after all. A drop in a market somewhere in the world will cause a drop across all markets. If the USA economy were to collapse, asian markets would actually be in MORE trouble as you said. We buy tons of Chinese goods in this country. We also would no be outsourcing as much. Since we are such a big player, a complete collapse would lead to a global depression. Nobody would be a winner, trust me. First of all, it is more complicated than that. Thanks to globalism, EVERYONE’s economy is connected. You see it every week after all. A drop in a market somewhere in the world will cause a drop across all markets.

If the USA economy were to collapse, asian markets would actually be in MORE trouble as you said. We buy tons of Chinese goods in this country. We also would no be outsourcing as much.

Since we are such a big player, a complete collapse would lead to a global depression.

Nobody would be a winner, trust me.

]]> By: Tyler! http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-18 Tyler! Thu, 29 May 2008 15:45:50 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-18 China in particular. Not only does the raising rate of pollution they are creating suggest this, But also that there economy is still growing, but the U.S's isn't. The U.S. imports I believe, around 13 billion dollars worth of goods from China annually, and only exports around 3 or 5 billion. This also would contribute to China's economic growth, and how it is surpassing the U.S. China in particular.
Not only does the raising rate of pollution they are creating suggest this,
But also that there economy is still growing, but the U.S’s isn’t.
The U.S. imports I believe, around 13 billion dollars worth of goods from China annually, and only exports around 3 or 5 billion.
This also would contribute to China’s economic growth, and how it is surpassing the U.S.

]]> By: Tony B http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-17 Tony B Tue, 27 May 2008 03:06:15 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-17 For most of recorded history Asia has been the dominant economic power. It is only in recent centuries that the west took over. Now that Asian societies have mastered western techniques the ancient world order is re-establishing itself. Asia will not be a "new" economic power, just a restored one. For most of recorded history Asia has been the dominant economic power. It is only in recent centuries that the west took over. Now that Asian societies have mastered western techniques the ancient world order is re-establishing itself. Asia will not be a “new” economic power, just a restored one.

]]> By: Jake S http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-16 Jake S Sun, 25 May 2008 14:40:24 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-16 idk but asia is not a country its a Continent idk but asia is not a country its a Continent

]]> By: Robbo_Robin http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-15 Robbo_Robin Sun, 25 May 2008 07:00:28 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-15 A recent trip to hong kong showed me that the asian economy is just ready to explode. I think China will be a super power in the not too distant future. A recent trip to hong kong showed me that the asian economy is just ready to explode.
I think China will be a super power in the not too distant future.

]]> By: oui-oui http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/comment-page-1/#comment-14 oui-oui Fri, 23 May 2008 00:03:55 +0000 http://homebusinessmegaphone.com/us-economy/if-the-us-dollar-collapses-and-the-economy-crashes-will-asia-be-the-new-economic-power/#comment-14 Europe and China are the next big powerhouses. The European Union is in very good shape , much better shape indeed than the USA.... China is buying the USA slowly but surely. The US dollar might loose the status of the world currency. the euro will be the norm soon. Europe and China are the next big powerhouses. The European Union is in very good shape , much better shape indeed than the USA…. China is buying the USA slowly but surely. The US dollar might loose the status of the world currency. the euro will be the norm soon.

]]>