30s= Germany is going to takeover the world
60s= USSR is going to takeover the world
80s= Japan is going to takeover the world
2020s= China is going to takeover the world
Well, China is trying to takeover the world.
Anyways, this thread is about 1980s Japan NOT current day China.
1930s Germany was certainly trying to takeover the world, or at least a good chunk of it. My point is that I think hysteria about modern day China will be seen the same way that hysteria about 1980s Japan is seen today.
The big difference though is that China has more ability to sustain its growth because it has a much larger population, whereas ultimately, Japan hit a brick wall economically. People have talked about China doing the same but until it does, as long as it is larger economically, it will increasingly be the rival of the United States and thus fear of China will last as long as that dynamic does.