Video: Niall Ferguson Interviewed on WealthTrack

Chimerica or Chindia: Who Will Dominate the 21st Century?

A good read from Evans-Pritchard which covers several of the main issues which will determine which nation(s) will prosper the most in the 21st century.

Some of the key pieces of data highlighted in the article:

• Demographic trends (e.g., China's 1.2 males/female ratio suggest social instability)

• China’s workforce peaks in absolute terms in four years

• Birth rates: Beijing and Shanghai are 1.0, Korea is 1.1, Singapore 1.2, Germany 1.3, Poland 1.3, Italy 1.4, Russia 1.4 with the U.S. coming in around the population replenishment rate of 2.1

• Environmental catastrophe: China's growth rate of 10% is outstripped by 13.5% in GDP equivalent eco-damage)