None of that makes china a superpower tho, as long as Chinese capital flight is a risk the entire Chinese system is vulnerable to a miscalculation like the one they made in 2015 when they loosened capital controls, which did nothing but expand the Vancouver housing bubble, you can't become the superpower of capitalism when all your richest capitalists flee the country with their assets the minute it becomes legal to do so
Then what on earth were you arguing? The comment you responded to was arguing that it isn't inevitable that China would replace the US as the dominate superpower and you presented a counterargument?
Thats a very western mindset, I don't think the situation will be a new unipolar super power, but that we're moving towards a multipolar world with US retaining some of its power (though fading over time), and other competing regional powers coming into fill the void left by the US's gradual collapse.
None of that makes china a superpower tho, as long as Chinese capital flight is a risk the entire Chinese system is vulnerable to a miscalculation like the one they made in 2015 when they loosened capital controls, which did nothing but expand the Vancouver housing bubble, you can't become the superpower of capitalism when all your richest capitalists flee the country with their assets the minute it becomes legal to do so
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I didn't argue it did.
Then what on earth were you arguing? The comment you responded to was arguing that it isn't inevitable that China would replace the US as the dominate superpower and you presented a counterargument?
Thats a very western mindset, I don't think the situation will be a new unipolar super power, but that we're moving towards a multipolar world with US retaining some of its power (though fading over time), and other competing regional powers coming into fill the void left by the US's gradual collapse.
I mean I agree with all that, but that wasn't apparent in your original comment