Comments by "Twomix" (@twomix1822) on "WION" channel.

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  12. I agree. The India, US, China, Russia dynamic is very important for peace in the Indo-Pacific. India is a rising super power. China, Russia and US are waning. They estimated by 2050 India could be as wealthy as China if it could surpass it's systemic weakness. China and Russia's partnership is temporary at best the Russia had annexed China's territory before so most Chinese are wary of Putin's backstabbing nature. Russia's economy is too much reliant on resource extraction. While Russia had massive natural resources its weakness is it's resource (like natural gas and oil) are not transformed into high value products so it is vulnerable to wide swings in commodity prices. China on the other hand has the reverse problem, it's natural resources are dwindling however it's manufacturing industry is just starting to transition into high value manufacturing. However it's manpower is starting to age and dwindle too. It's trying now to compensate thru automation, AI and robotics and get over the middle income trap. The middle income trap is where the economy slows down once you reach "middle income level" due to the law of diminishing returns. It's easy to grow an economy from nothing however once you reach a certain level the energy and resources you need to put into growing the economy have a reduced output effect so the energy and resources needed to increase further growth doubles (due to diminishing returns). The US on the other hand have no such problem -- it's population is still young due to immigration, it's demographics however are changing rapidly. White population is rapidly shrinking while black, brown, Asian population in America is rapidly growing this is creating friction in politics as white politicians lose power and black/brown/Asian Americans gain political power. Those in the white population knows this so they are trying to gain and cement as much power as they can thru dubious underhanded political rules and tricks. Some American fringe political groups are even calling for a "race war". By 2050, America will look a lot more diverse white population will reduce to 40% (from 60% now), latinos will become one of the majority groups at 30%, while blacks (15%) and Asians (15%) will each hit about 15% of the population.
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