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It's odd between mainstream media talking about how China is becoming the main power ignoring structural issues of that kind. But that's only a 'theory' so far, how to know if China will evolve into tumor or functioning organism.

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These things work until they suddenly stop working. The USSR was considered to be as wealthy as the USA until a few years before its end. Few people really saw it coming, and they were not believed by the media.

Is there a good summary of this anywhere? Sounds incredibly interesting.

Check out the link [1] for a quick intro. Personally I'm not sure that China today is quite like the Soviet Union just before the end of the cold war.

[1] https://en.wikipedia.org/wiki/Cold_War#Final_years_.281985.E...

I confirm that. In 1989 I talked out a stipend from the enterprise I wished to work for in the USSR. I thought my future is all set. What happened in 1991 was a complete surprise for me, and completely redefined my future.

Europe doesn't have enough room to host China.

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