THE BEST AND THE WORST AMONG NEARLY 200 WORLD ECONOMIES
The economies of Spain, Canada, Britain, France, Russia, Mexico and Italy should be in the toilet by now, according to the 1994 World Bank “Weltanschauung”. On the other hand, China, South Korea, Taiwan, Thailand, Indonesia and India should have grown by 100% to 250% in the last three decades.
No argument with the latter postulate. But we took issue with the former and offered our own 25-year forecast in a short editorial “End of Western Dominance?” (see below). Here’s an excerpt;
“If the World Bank is right, it looks like our grandchildren, if not our children, will have to be able to write “kanji” so as to get somewhere in life. They will live in a world in which the U.S. will be a second-rate state. Europe will be a third-rate continent (see the charts). Long immigration lines will form in front of the Chinese embassies in Washington, London and Paris, not at the Western diplomatic missions in Beijing.
If the World Bank it right, 2020 will also be the world in which the sun will rise in the East, and set in the West. After almost two millennia, the economic order may actually resemble nature! A frightful thought, isn’t it?”
End of Western Dominance? – Annex Research – Nov 1994
So what was to be done? Go back to the future, we opined. Learn from European greats like Leonardo Da Vinci. Here’s what we said:
Fusion of Arts and Sciences
A major flaw in World Bank’s logic is the assumption that the leading economies of the 21st century will be industrial. They will not. The industrialists of the 21st century will be the farmers of the 20th century! (i.e., low on the food chain).
The economies of the 21st century will be an information-driven mixture of arts and sciences.
By the way, that’s a blend which a 16th century great (Western) mind also possessed. If a TV reporter stuck a microphone in front of Leonardo daVinci, and asked him to separate his “art” from his “science”- he would probably have trouble doing it! It’s the industrial era’s penchant for compartmentalizing things so as to be able to mechanize them that has driven us to differentiate between the two. Artists lived in a world which could not be mechanized. Until now, that is. With the advent of information technology, the (re)fusion of arts and sciences is also inevitable. In a way, man will be returning to nature courtesy of the silicon.
Two years later, in 1996, this writer added the following warning in his Washington Times column – “When Cultures Collide…”
Between the two (China and Russia), these leading nations have more engineers, more scientists, more soldiers and more artists than the rest of the Western world put together.
In the new information-driven era, this will give them an insurmountable edge over the stagnant industrialized economies, such as Japan, Germany or the U.S, not to mention the declining ones.
If Bill Clinton isn’t getting the significance of all this, he isn’t alone. Neither did the Austrian or Russian emperors less than 100 years ago! (see https://goo.gl/CBHXjM)
Not only did Bill Clinton “not get it,” neither did the other presidents who followed him (up until Trump). These traitors sacrificed the long term future of their nation’s children and grandchildren for the immediate financial gratification of their New World Order masters.
And now, nearly three decades later, here’s what happened.
THE BEST AND THE WORST AMONG NEARLY 200 WORLD ECONOMIES
Wanna guess what the fastest growing economy was in the last 30 years?
Equatorial Guiney.
What’s that? Where’s that?
Exactly. That’s what I also had to look up. It is a small country in western Africa the size of Massachusetts. This economy of this former Spanish colony grew by a world record 20.2% annually in the last 30 years.
And what made that possible?
In a word – oil! What else.
The second fastest growing economy was that of our former enemy – Vietnam! Yessiree. Just like we built up Germany after WW II, so did our bankers and other multinationals rewarded this communist country with hundreds of billions of investment dollars. The result was an economy which grew slightly faster (14.5%/yr) than that of the biggest dragon the New World Order (NWO) elite had created – China (14.3%) [left chart below]..
China was the only big country among the fastest growing economies in the last three decades. The rest were from either Central America (Nicaragua – also former communist/leftist stronghold, Costa Rica, Panama, Guatemala, Suriname), Asia (Cambodia, East Timor, Myanmar, Turkmenistan, Maldives, Iraq, Qatar, Sri Lanka), or Africa (Tanzania, Angola).
Interestingly, 12 of 22 countries had wars. Which goes to prove the theory that wars are good for business. Remember that joke “what is the difference between the mechanical and civil engineers?
Answer: The mechanical engineers build the weapons. The civil engineers build the targets.
Either way, the warmongering NWO “elite” and their multinational corporations win.
And now as to those countries the World Bank expected to finish in the toilet back in 1994, the largest European economnies plus Mexico, well they did not do too shabbily, either. Take a look at the chart below.
Neither of them declined, as the WB predicted, though some of them were pretty stagnant (like Italy at 1.8%/yr over 30 years, and France and Sweden with just a 2.6% and 2.7% annual growth respectively).
So the economic universe is unfolding as it should though not perhaps the way the WB had wanted or engineered.
As for the world’s worst economies in the last three decades, the fact that Libya (#194), Serbia (#190), Ukraine (#191), Georgia (#188), Zimbabwe (#185) and Montenegro (#184) are on this list even though they had also experienced wars during this period, shows that the bankers and multinationals of the NWO “elite” are rather selective as to where they want to invest their money. Guess some countries are not worth rebuilding , in their opinion?
The fact that Iran (#193) and Cuba (#195) are also on this list of the worst economic performers seems to confirm this theory. But it is a puzzle while Finland (#187) and Lichtenstein (#196) are on it.
Fusion of Arts and Sciences
As for the (re)fusion of arts and sciences which we predicted in 1994, this has indeed happened all around the globe in the last three decades. There is no better example than what we have just seen – a plethora of New Year’s light and laser shows around the world. These spectacles are an excellent example of the fusion of arts and sciences. The old Leonardo (Da Vinci) would be pleased.
Take a look at this one in Beijing for example. For a video version check out.: https://www.youtube.com/watch?v=2zUhnPDE7Fg
Or this one in Chedong, China.
And also at this on in Belgrade, Serbia.
Belgrade:
New Year 2022 light show
For a video version check out: https://www.youtube.com/watch?v=xnXUYgAxtgU&feature=youtu.be
To create something like that takes a tremendous amount technological knowhow and as well as huge multimedia artistic talent. And money, of course. Which is why it is interesting that the shows in the capital of the #2 economy of the world (China) and in that of the #190 country (Serbia) were similarly spectacular. In fact, the Serbian one was twice as long.
Which reinforces another even older prediction which we posted almost 40 years ago in an article titled Awesome Power of Micros Threatening Social and Cultural Cliches (ACR, Nov. 1983).
Fourteen years later, I refer back to this forecast in a FORBES magazine column “Move Over Einstein, Signor da Vinci Is Back”. Here’s an excerpt:
The ubiquitous PC and the Internet have empowered individuals and small companies to compete with giant enterprises on a level playing field.
They’ve become equalizers. Kind of like the invention of gunpowder or handguns enabled a little old lady to overpower a giant aggressor. The result is a massive transfer of wealth from industrial incumbents to information technology challengers.
But that’s economic Darwinism. It’s the stuff that made America great in the first place. Better still, it’s the stuff that will return Homo sapiens to nature.
It is perhaps ironic that the industrial giants have invented the tools of their own destruction while pursuing their main creed–greed. The growth of PCs and Internet sales will spell the demise of their creators.
Jul/97: “Move Over Einstein, Signor da Vinci Is Back”.
As can be seen from these New Year’s light and laser shows, the computer technology and the internet have not only “empowered the individuals and small companies to compete with giant enterprises on a level playing field,” as we predicted earlier, they have also enabled small countries to compete globally on a fairer basis.
Here’s an example of a company whose entire business revolved around such spectacles.
Interestingly, ECA2 is a French company although its major clients and installations are in China and elsewhere in Asia. Which also confirms our 1994 prediction that the best way for the West to compete with the East is to use its traditional creativity (arts) and fuse it with the new technologies (science). Just as Signor Da Vinci did it 500 years ago.
Happy New Year!
GLOBAL TRENDS – BACK TO THE FUTURE
“Indo-China” to Gain Power in Next Quarter Century?
End of Western Dominance?
Europeans to End Up Biggest Losers? Refusion of Arts & Sciences Should Help
PHOENIX, Nov 12, 1994 – A little item tucked in the survey section of the ECONOMIST’s October 1 issue caught our attention. Entitled “The Global Economy,” the three charts, based on the World Bank’s economic forecasts, epitomized what could have been entitled “End of Western Civilization.” If the term “civilization” is perhaps too strong for Western tastes, how about a more professorial expression – “End of Western Dominance?”
But it still boils down to the same thing. If the World Bank is right, it looks like our grandchildren, if not our children, will have to be able to write “kanji” so as to get somewhere in life. They will live in a world in which the U.S. will be a second-rate state. Europe will be a third-rate continent (see the charts). Long immigration lines will form in front of the Chinese embassies in Washington, London and Paris, not at the Western diplomatic missions in Beijing.
If the World Bank it right, 2020 will also be the world in which the sun will rise in the East, and set in the West. After almost two millennia, the economic order may actually resemble nature!
A frightful thought, isn’t it?
So, what do we (the Westerners) do about it?
Pray.
Anything else?
Work hard! (But that alone won’t be enough. The West is unlikely to beat the Asians at their game).
What else?
Work smart. (This is vital!)
|
The Western ability to have fun while working hard (i.e., being creative) is the best defense against the Asian discipline and hard work. The flight of factories into Asia and South America is inevitable (see ANNEX BULLETIN 94-42, 9/30/94). So rather than buck the trend, we should help it. The same goes for the telecommunication highways.
For, the industrialists of the 21st century will be the farmers of the 20th century! (i.e., low on the food chain).
Will there be work left for us to do?
There will be plenty of brain work needed to provide the traffic on the global electronic “superhighways” by the time the “Third Wave” economies (as defined by Alvin Toffler) are in full swing. But we must revamp our government and educational institutions to better prepare our work force for the new challenges.
In short, the World Bank economists are wrong to look at the past, and extrapolate it to predict the future. Using the same methodology, John Akers predicted that IBM would be a $180 billion-company by now (his January 1985 forecast).
Fusion of Arts and Sciences
A major flaw in World Bank’s logic is the assumption that the leading economies of the 21st century will be industrial. They will not. The industrialists of the 21st century will be the farmers of the 20th century! (i.e., low on the food chain).
The economies of the 21st century will be an information-driven mixture of arts and sciences.
By the way, that’s a blend which a 16th century great (Western) mind also possessed. If a TV reporter stuck a microphone in front of Leonardo daVinci, and asked him to separate his “art” from his “science”- he would probably have trouble doing it! It’s the industrial era’s penchant for compartmentalizing things so as to be able to mechanize them that has driven us to differentiate between the two. Artists lived in a world which could not be mechanized. Until now, that is. With the advent of information technology, the (re)fusion of arts and sciences is also inevitable. In a way, man will be returning to nature courtesy of the silicon.
Another frightful thought, isn’t it?
Don’t worry. The universe is unfolding as it should…
—–
BLOWBACK
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