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    Shi Hanbing: Weak Growth And Real Prosperity

    2015/3/31 20:35:00 12

    Time IceEconomic DataMarket Quotation

    In recent years, the topic of the decline of the United States and the rise of emerging economies has been heated.

    In many people's view, the decline of the United States and the surrender of the status of the world's largest economy are replaced by emerging economies such as China.

    However, Charles Kenny has put forward a point of view that is particularly striking to us: is it really so important to become the world's largest economy? Geographical advantages are no longer the criteria for judging the status of great powers, and the judging standards of physical commodities and land are outdated.

    Today, finance, technology and services are the yardstick of judging global powers.

    It is a typical practice in twentieth Century to regard the gross domestic product as a measure of the status of the country.

    If we compare the new yardstick, we will find that the dominance of the US in finance, technology and services is so obvious that the emerging economies can not shake at all.

    Behind the surface recession, there is still a big and powerful country, while some emerging economies are growing fast, but at the expense of the environment, resources and even at the expense of people's happiness.

    Behind such a high growth is hidden weakness.

    The importance of finance is irreplaceable in today's era. The United States is undoubtedly the leader of the global financial system. The strength of this advantage is enormous.

    When Russia was captured by Crimea based on traditional geo theory, it failed in the oil and financial game.

    The big country, measured by traditional standards, is so fragile and so vulnerable to a powerful financial game.

    This case clearly illustrates everything.

    The good ecological environment of the United States and the happiness index of the people are all difficult to catch up with the emerging economies that simply pursue the total GDP.

    In Charles Kenny's view, the relative decline of the United States does not conceal its absolute growth.

    I strongly agree with this view and believe that after the baptism of the financial crisis, the United States will become more powerful.

    For an enterprising emerging country, it is much more meaningful to see the advantages of the opponent to learn and catch up than to always sneer at the shortcomings of his opponent.

    It is commendable that in Charles Kenny's book, there is a broad mind.

    He believes that the West should not worry about the so-called "China threat", but should accept the development of emerging economies with a tolerant attitude.

    Western countries should welcome the rise of non western countries, which not only reduces the probability of unrest or the outbreak of war, but also reduces the risks faced by western countries in their sustainable development.

    Everyone in the West should be

    Emerging economies

    It is a great opportunity for them to rejoice, especially those who live in emerging countries. "

    Charles Kenny does not talk generically, but has a rigorous logic: the development of all countries in the world is not a zero sum game. It is wrong to assume that the rise of emerging economies in the United States will surely decline.

    All countries in the world can develop together and move towards prosperity together.

    This view is subversive to those Westerners who are rigid and stubborn.

    Charles Kenny opened another window for them.

    Charles Kenny also made special mention of Chinese and Chinese enterprises.

    He criticised the United States for "ending any merger, acquisition or merger with HUAWEI and ZTE". The reasons are: first, these two companies are the most innovative companies in the world.

    Second, increased employment in the United States.

    Take HUAWEI as an example, it employs 1700 employees in 14 offices in the United States, and purchases $6 billion 600 million worth of spare parts from American companies, while HUAWEI's sales in the US are only 1 billion 300 million dollars.

    This completely factual view is obviously more convincing than that based on emotional expression.

    Charles Kenny thought that it should not be

    China

    In the wake of the rise, China is regarded as the successor of the Soviet Union and the United States' strong enemy, and its massive military containment policy in military, diplomatic and economic fields will only produce backfired consequences and costly mistakes.

    China's recognition of its status as an economic power in global integration is beneficial to the security and economic opportunities of other countries, especially the United States.

    Through these words, we can clearly perceive that Charles Kenny is a very objective economist.

    Objectivity represents a height and a feeling.

    Charles Kenny did not stand on the narrow side of a country to look at problems. Instead, he stood thinking from the perspective of human beings and put forward his own views, which made his viewpoint fresh, unique and shocking.

    Based on this globalization, Charles Kenny strongly urged that "western countries should be responsible for most of the greenhouse gases contained in the atmosphere. They have the most affluent population in the world and continue to consume the earth's resources in an unsustainable way."

    Assuming responsibility will further improve the quality of life of the citizens in western countries.

    If Western countries choose to shirk this responsibility, their quality of life is even less likely to achieve this level.

      

    Charles Kenny

    He also made some warnings about China's development. He pointed out that "the decision of China's banking industry in recent years may lead to the collapse of China's economy".

    But he also pointed out that "we should work together to deal with these problems with a sense of urgency and determination.

    The West must not regard the sustained economic and social progress of developing countries as a threat.

    On the contrary, this is a great opportunity for western countries to make every effort to nurture and support developing countries.

    But we must remain sober that our problems can only be solved by ourselves.

    In recent years, more and more print books have been introduced into China's publishing industry, which provides more convenience for Chinese people to understand the world.

    But it also shows the phenomenon of fish mixed with eyes, leading to some crude books also flowing into China. Therefore, the author has rejected many invitations for new books.

    The author believes that judging whether a book is valuable is based on two points: first, whether the viewpoint is novel and independent.

    Second, whether the discussion is rigorous and complete.

    In this way, "rational prosperity" is undoubtedly a good book worth reading.

    It is a preface.


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