What is quality of life?

Everyone's quality of life is different. Quality of life is the image of you when you're in your death bed reflecting on you're life. Imagine what you did in your life that you wish you did less of and what you did that gave you fullfillment and joy. What you reflect on in

When will a company be worth a trillion dollars?

Sorry, but I'm afraid you missed it.  The answer to your question lies in the past, not in the future.PetroChina was the first company to reach a trillion dollar market capitalization when it went public in November 2007.  This one-time

Will China conquer the world politically and economically in 50 years?

Conquer would not be the best way to describe China's goals. A better description is that China wishes to become an integral part of the world.It is generally accepted that China is pushing for globalization, which is to say connecting the

Will Ethiopia become a great power in the next 50 years?

Yes, Ethiopia will become a great power in the next fifty years. Looking at her potentials, a fast-growing population of about 100, 000.000 people, most of them over the 30 years. Huge economic power in Africa, having one of the fastest growing economies in the world. Creating huge opportunities for the

Is it possible for India to surpass the Chinese economy in the next 20 years?

No but 2–20 years later India's economic and infrastructures would have greatly improved and India would definitely become more attractive than usualIndia's growing power status is not without storm but India would definitely grow very fast. Of course while China remains ahead, India shall decrease the distance between two nationa

What is your prediction about the Indian economy for the next ten years?

India may grow with average rate of 7% without any disruption. The GDP (nominal) of India may cross 4 trillion US Dollar by 2030. India may be the fourth largest economy of the world. There will be growth and development in all parts of

Is China the most technologically advanced nation among developing countries?

China for all practical purposes , a Developed Country in many parts ( of course there could be pockets of under development) - It may be ranking low in Per Capita GDP or Human Development Index , but on many parameters it is developed.China

Is it immoral for one person to make a billion dollars per year?

It depends on how you make it - legally, morally? Making money is not immoral. Some of the richest men and women in history have been followers of God and blessed by Him. Its whether you worship money and make it through immoral means, not the money itself that matters.

Will Saudi Arabia go bankrupt?

Oil is not just a commodity but it is life line for many countries. Five years back, in year 2009 Saudi Arabia was world biggest exporter and USA was world biggest importer of crude oil and petroleum products. With the discovery of shale gas in USA and increased production by

When will a company be worth a trillion dollars?

Sorry, but I'm afraid you missed it.  The answer to your question lies in the past, not in the future.PetroChina was the first company to reach a trillion dollar market capitalization when it went public in November 2007.  This one-time

How powerful will Ethiopia be in the year 2050?

With over 90 million inhabitants, Ethiopia is the most populous landlocked country in the world, as well as the second-most populated nation on the African continent.Accroding some charts Ethiopia is doing it quite well.

Is China the most technologically advanced nation among developing countries?

China for all practical purposes , a Developed Country in many parts ( of course there could be pockets of under development) - It may be ranking low in Per Capita GDP or Human Development Index , but on many parameters it is developed.China

Will Saudi Arabia go bankrupt?

Oil is not just a commodity but it is life line for many countries. Five years back, in year 2009 Saudi Arabia was world biggest exporter and USA was world biggest importer of crude oil and petroleum products. With the discovery of shale gas in USA and increased production by

When will a company be worth a trillion dollars?

Sorry, but I'm afraid you missed it.  The answer to your question lies in the past, not in the future.PetroChina was the first company to reach a trillion dollar market capitalization when it went public in November 2007.  This one-time

Is China the most technologically advanced nation among developing countries?

China for all practical purposes , a Developed Country in many parts ( of course there could be pockets of under development) - It may be ranking low in Per Capita GDP or Human Development Index , but on many parameters it is developed.China

What is the next industry to be taken over by the internet?

The next retail industry set to take it's licks from the internet is grocery stores getting whalloped by internet ordered home delivery of fresh groceries.However the next whole scale industry that's set to change is personal automotive sales and transportation. It is not however clear whom is going to win this one

Will Saudi Arabia go bankrupt?

Oil is not just a commodity but it is life line for many countries. Five years back, in year 2009 Saudi Arabia was world biggest exporter and USA was world biggest importer of crude oil and petroleum products. With the discovery of shale gas in USA and increased production by

Is it immoral for one person to make a billion dollars per year?

It depends on how you make it - legally, morally? Making money is not immoral. Some of the richest men and women in history have been followers of God and blessed by Him. Its whether you worship money and make it through immoral means, not the money itself that matters.

What is the next industry to be taken over by the internet?

The next retail industry set to take it's licks from the internet is grocery stores getting whalloped by internet ordered home delivery of fresh groceries.However the next whole scale industry that's set to change is personal automotive sales and transportation. It is not however clear whom is going to win this one

Is it immoral for one person to make a billion dollars per year?

It depends on how you make it - legally, morally? Making money is not immoral. Some of the richest men and women in history have been followers of God and blessed by Him. Its whether you worship money and make it through immoral means, not the money itself that matters.

Is China the most technologically advanced nation among developing countries?

China for all practical purposes , a Developed Country in many parts ( of course there could be pockets of under development) - It may be ranking low in Per Capita GDP or Human Development Index , but on many parameters it is developed.China

When will a company be worth a trillion dollars?

Sorry, but I'm afraid you missed it.  The answer to your question lies in the past, not in the future.PetroChina was the first company to reach a trillion dollar market capitalization when it went public in November 2007.  This one-time

What will happen if USA suddenly vanishes from world? What will be the impact on world economy, technology etc?

Question: What will happen if USA suddenly vanishes from world? What will be the impact on world economy, technology etc?Answer: Some other country will take the leadership role in international politics, economy and technology. It will be chaos when the world's leader disappears and another one will fill the void. It is a natural process of

Are Republicans against globalization?

No. Republican are mostly for free trade because of their support of Classical Economics, especially the principle know as Ricardo's law or comparative advantage Comparative advantage - Wikipedia.

What are the chances of the US having an economic breakdown like Venezuela in the next ten years?

Like Venezuela? Extraordinarily unlikely.The proximate reason for Venezuela's collapse was its almost complete reliance on a single export, oil, and the collapse of oil prices.But that is not the ultimate reason: even when the price of an export falls, you won't get Venezuela unless

How powerful will Ethiopia be in the year 2050?

With over 90 million inhabitants, Ethiopia is the most populous landlocked country in the world, as well as the second-most populated nation on the African continent.Accroding some charts Ethiopia is doing it quite well.

Is modern society designed to keep people in debt?

I don't know, if it was truly designed that way, but it is surely succeeding, if it was. We are constantly bombarded with the message that we need more and better things. That message isn't limited to advertising, it's included

How will the world economy be affected by the sun expiring in 5 billion years?

I'm presuming the economy would grow as consequence of efforts to pull the Earth off to a museum site somewhere safer, as the source of Humanity.Selling tickets to watch the original star of humanity go haywire might also bring up some interest.But then again, it might all be of about as much interest to

What would happen if everyone decided not to go to work tomorrow?

For just one day?As I write this, tomorrow is Sunday, so America wouldn't feel much difference at all. There WOULD be a HUGE difference just in the hospitals if no doctor or nurse went in, but little else.All power companies are run mostly by computer, so no one's clock would

Why is oil priced and traded in U.S. dollars?

Oil is priced in dollars because through Bretton Woods the dollar was pegged to gold and everything else was essentially pegged or floated to the dollar. The world was flooded with dollars after WWII which partially led to the present American consumerism, but it also enabled the world to

What would happen to the world economy if friendly aliens made first contact with the world tomorrow?

If the aliens are genuinely friendly and actually intend to transform our society for the better with their actions the first big thing to consider is you better hope that they have attempted such a thing before.  Almost any kind of radical transformation with advanced technology most likely results in the

To what degree do 'first-world' economies need underdeveloped economies around the world to remain underdeveloped?

The economies as a whole do not, and ordinary people in developed countries don't profit.  But small numbers of powerful rich people do very nicely and they have mostly been hostile to development.

If a single economist controlled the world, what changes would they make to improve the world economy?

85% would eliminate agricultural subsidies in the US85% would eliminate subsidies to professional sports franchises84% would replace transfers-in-kind with cash payments83% would eliminate tariffs in the US79% would restructure the welfare system along the lines of a negative income tax78% would replace pollution

What would happen if USA stopped trading with the rest of the world?

Initially, they would have to make more stuff at home, which would be expensive. The price of everything goes up. Wages also go up, to keep up with inflation.The exports would dry up, all the premium stuff that America makes would lose it's market. This would result in a loss of GDP and loss of jobs.The net effect is

What would change in world economy if aliens make meaningful contact with us?

Nothing significant would change - the world economy is dependent on the needs of the world.There would however be a new intergalactic economy build around the needs of the aliens and our needs of their products and services.As to whether there would be meaningful linkages between the Earth's economy with that of

What would happen if PPP comes to power next and destroys the economy of Pakistan again?

PPP controlled a dispersed Pakistan when terrorists were ruining every institution. Foreign investment was unseen, trade volume was less and world's criticism was heavy. You should owe them that in such conditions too, they keep Chinese intact for future agreement of CPEC. You should owe them that they won you, a friend like Turkey. You should also

What would happen if everyone decided not to go to work tomorrow?

For just one day?As I write this, tomorrow is Sunday, so America wouldn't feel much difference at all. There WOULD be a HUGE difference just in the hospitals if no doctor or nurse went in, but little else.All power companies are run mostly by computer, so no one's clock would

Why is oil priced and traded in U.S. dollars?

Oil is priced in dollars because through Bretton Woods the dollar was pegged to gold and everything else was essentially pegged or floated to the dollar. The world was flooded with dollars after WWII which partially led to the present American consumerism, but it also enabled the world to

If China somehow ceased to exist tomorrow, how would this effect the global economy?

It would depend on the situation. If it disappeared one fine day, then while global economy will suffer. These days economies of the world are closely aligned with each other and loss of ant trading partner can be catastrophic overnight inducing recession. As is pointed out in other answers,

What are the wealthiest African countries?

Using the GDP per capita list in the CIA Worldfactbook (Central Intelligence Agency) Equatorial Guinea is ranked at 46 ($38600 - mainly because of oil and gas deposits but there are issues with corruption, etc so it could be doing better than this), Gabon at 89 ($19100) and Botswana at 99

Will Saudi Arabia go bankrupt?

Oil is not just a commodity but it is life line for many countries. Five years back, in year 2009 Saudi Arabia was world biggest exporter and USA was world biggest importer of crude oil and petroleum products. With the discovery of shale gas in USA and increased production by

If an inexpensive alternative to Oil was identified, what affect would this have on the global economy and how significant would this be?

Denmark gets nearly two-thirds of their power from wind turbines. Texas, on a good day, gets 25% of their power from solar.And China, which used to open a new coal-fired electrical power generating plant up each day is now pushing for solar and wind power, and buying less coal.You might

What would happen in the first 10 years if all the economies of the world combined?

Significant increases in migration from the poorer countries to the more wealthy for jobs. Significant job losses as many industries protected by their countries through tariffs and other regulations would see their products not able to sell any more. The migration would likely continue though slow after 10 years

When will a company be worth a trillion dollars?

Sorry, but I'm afraid you missed it.  The answer to your question lies in the past, not in the future.PetroChina was the first company to reach a trillion dollar market capitalization when it went public in November 2007.  This one-time

Will United States ever intervene in Brazil affairs? I don't think the economic situation is good down there.

That's what Media wants you to believe. Brazil suffers from two problems:Lack of education and critical sensePolitical willingness and commitment with the greater goodEconomical wise it's just as always have been. People are being scandalous about recession but truth is. We are actually coming out from it. SPITE all the