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IMHO China is not a problem. China as economic super power is relatively young (less than 30 years), they are trying to arrange this unrivaled growth and make better regulations.
The real problem is Euro zone or at least some fucked countries of Euro zone. For those countries the problems are now and not in 50 years.
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"Cowards die many times before their deaths. The valiant never taste of death but once"
(William Shakespeare)
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