Comments on: Chindia? More like Chimerica.

By: Bo

Bo — Thu, 03 Dec 2009 02:44:50 +0000

There are still people harping on the concept “Chindia”? Chindia was a term coined by Jairam Ramesh, and Indian “thinker” dude, years ago. The fact is that today, India is far far, and far behind China. Chindia is as ridiculous a concept as Gerbania (Germany + Albania). I suspect that those in India who still insist on Chindia are simply reluctant to give up on basking in China’s reflected glory. Sad, but it’s time for India to move on.

By: Jimmy Spann

Jimmy Spann — Fri, 16 Jan 2009 00:08:37 +0000

Initially it seems like a good idea for China to help out America’s economic status. By keeping America’s economy alive, it keeps the market for the products that are built in China alive. This in turn keeps jobs alive in China. However, what will happen if our Market isn’t enough, and the market gets pushed over to China? Will we have American companies producing and selling the majority of its products in China? This seems like a plausible outcome, but would be very bad for America’s economy. We would be on the outside looking in. China would have all the power and will be able to make all the decisions.

We also have to remember that China will be looking out for their best fortune first. If they can find a way to save themselves without saving us (America), I would not be surprised to see America left out to dry.

I do think that in the long run it would be better if China helps America out. It would only improve the relationship. Also, according to history, the economy will turn around. It may take a very long time, but it will. And when it does America will start to regain its global power.

By: Chris Carr

Chris Carr — Thu, 15 Jan 2009 18:29:30 +0000

Good post. See/read the following related Business Week article: American Recession, Chinese Depression? Parallels to 1929 The comment thread is particularly interesting - example after example of people seeing or believing only what they want to believe or see.