China and Rome Steps

state wealth: That followed the Pax Britannica of the 1800s, according to The Japan Times. Our current 100-year window is China for the taking. The 20th belonged to a United States that is now doing its worst to retrace Rome steps. With 1.4 billion people, vast state wealth and huge territorial ambitions, what could get in the way of China turn to dominate humanity Beijing hubris. It distressing, for instance, that Beijing is trying to head off a Japan-like debt crisis by borrowing with increasing abandon. The obvious risk is China failing to curb financial excesses that are apparent to everyone outside President Xi Jinping bubble. (news.financializer.com). As reported in the news.