Question for Roth: If the US loses in Iraq, how will it affect East Asian countries?

Roth: If the US leaves in a panic, the consequences will be huge. East Asian economies might suffer the influence of terrorism, and the situation may become catastrophic.

Question for Frenkel: How will the Chinese Buying and Manufacturing abilities affect the American?

Frenkel: Public pressure is not the answer to reducing the wild growth in China. Diplomacy is the only solution to make the Chinese economy grow without destroying the world’s economic balance.

India and China's population comprises 40% of the world population. However, India and China produce only 6% of the world’s production. That is a huge gap. The more the technology and progress in India and China advance, the more this gap is closed. The potential of these countries is evident, and this potential might weaken the countries that are currently the most powerful manufacturers.

The population in the US, Europe, and Japan comprises 15% of the world population. However, US, Europe, and Japan produce 50% of the world’s production. In a world in which the size of the population is a very important factor in terms of the development of human capital, India and China have great power. We will see these two trains (India and China) speed ahead.