united states
China is preparing to surpass the United States as the world’s largest economy, in purchasing power parity terms. Already its economy is 80 percent the size of ours, and if current growth rate differentials persist, it will take China only about four more years to surpass us. At market exchange rates, China’s GDP is smaller, and is expected to remain less than ours until 2028. This is hardly surprising.
U.S. Secretary of State John Kerry landed in Israel yesterday for the 10th time in less than a year. Shortly afterward, he made clear what has become more evident over the past month – that, within a few weeks, Prime Minister Benjamin Netanyahu and Palestinian Authority President Mahmoud Abbas will have to make decisions that will determine whether the peace process is on the verge of a historic breakthrough or on the road to failure and a dangerous blowup.
Have I been wrong all along? Some critics suggest my newspaper columns since 1995 on the politics and economics of the Mainland have been — oh — overly sympathetic toward China. I just don’t know. But no one can afford to be complacent. And so the worry popped up again, for several reasons.
For more than two decades, running for Congress in this sun-soaked capital of Cuban exiles has required two things: a Republican registration card and a hard line toward the Castro regime. So when Joe Garcia became the first Cuban-American Democrat from the state to win election to the House in 2012, it signaled a crack in a critical GOP constituency.
Pass through the gates of the Bombardier plant in Querétaro and you leave the Mexico of potholed roads and blaring horns behind: welcome to a strangely serene place called North America. In the car park neat lines of vehicles all face the same way—almost unthinkable elsewhere in Mexico.
At the risk of stating the obvious, Afghanistan is in disarray. The only way out of this miserable situation is for a miracle to happen. After all, philosopher David Hume told us that miracles are not logically impossible. The situation as bad as it seems can be reversed, however—only with a continued American military presence, financial assistance, and solid Afghan leadership will the country succeed.
China is preparing to surpass the United States as the world’s largest economy, in purchasing power parity terms. Already its economy is 80% the size of ours, and if current growth rate differentials persist, it will take China only about four more years to surpass us. At market exchange rates, China’s GDP is smaller, and is expected to remain less than ours until 2028. This is hardly surprising.
Lera Boroditsky once did a simple experiment: She asked people to close their eyes and point southeast. A room of distinguished professors in the U.S. pointed in almost every possible direction, whereas 5-year-old Australian aboriginal girls always got it right.