China might become the largest economic system in the world but.......Their growth rate cannot be sustained due to the following facts.
1. China only has 25 years of coal left. 2. China cannot build enough nuclear plants to generate electric power in enough time. 3. China's Hydroelectric power cannot meet demand. All industrialized societies only function and are prosperous when ALL of the country has electricity. Think about what the USA was like before 1930. Most rural areas did not have electricity. China cannot get enough electricity capacity in place to sustain itself in 20-30 years.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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