China Just Overtook The US As The World's Largest Economy

cryptocoiner

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hyperboria - next internet

Quote from: msc_de on October 19, 2014, 10:07:17 PM

Quote from: cryptocoiner on October 19, 2014, 08:47:00 PM

Quote from: msc_de on October 19, 2014, 07:41:27 PM

Quote from: cryptocoiner on October 19, 2014, 07:00:15 PM

Quote from: msc_de on October 18, 2014, 10:17:01 PM

Quote from: cryptocoiner on October 18, 2014, 09:46:02 PM

Quote from: msc_de on October 18, 2014, 09:42:05 PM

Quote from: cryptocoiner on October 18, 2014, 09:36:58 PM

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

i threw away my passport into commode, i need freedom

So you don't want to go back to China?

how can man mix fire with water ?

Who are you? Water or fire?

water can quench fire but not bomb

Who are you exactly? Bomb? Fire? Water?

I am who i am, for your questions you'd go to ask Germany or China government, i lost interest talking with you

Why so butthurt?

BADecker

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Quote from: oprahwindfury on December 11, 2014, 01:22:41 AM

A lot of people are reacting negatively to this news but fail to see a lot of the good that comes out of it. For one thing, since manufacturing costs in China vs the U.S. is almost reaching parity, this forces a lot of U.S. based companies to bring back their operations onto the home front. In the end this will be better for our own economy.

Hell, the Chinese are even outsourcing some jobs to the U.S. which can only help OUR own economy.

http://money.cnn.com/2012/04/24/smallbusiness/china-us-manufacturing/

The U.S. government raised taxes so high that it made good sense to move manufacturing to other countries... because the labor was cheap there. Now those other countries have the technology that we sent over there to do the manufacturing, and they are developing the tech that we didn't send. Soon there will be no cheap labor countries left to go to.

As our cheap labor countries grow with our technology, their labor becomes more expensive, because they adopt our ways.

Our economy will collapse because our government and banks are too greedy to acquiesce to the things that makes sense: eliminate taxes, get rid of stupid laws that take freedom from the people, open up every kind of home manufacturing to any Americans that want, eliminate the police state, etc.

oprahwindfury

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A lot of people are reacting negatively to this news but fail to see a lot of the good that comes out of it. For one thing, since manufacturing costs in China vs the U.S. is almost reaching parity, this forces a lot of U.S. based companies to bring back their operations onto the home front. In the end this will be better for our own economy.

Hell, the Chinese are even outsourcing some jobs to the U.S. which can only help OUR own economy.

http://money.cnn.com/2012/04/24/smallbusiness/china-us-manufacturing/

lamaze

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Its not that surprising for China has been working their ass to get where they are today.

devphp

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China and the End of Meta-Narratives.
http://blog.sina.com.cn/s/blog_553f35510101i480.html

umairsaleem010

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Prepare for the nukes to pop off when america gets pissed.

coolcoin

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ActionCrypto.com ★ Bitcoin Binary Options

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

At least they looks well feed and normal clothes not like in NK that only Kim Jong is the only fat while the population is very thin.

msc_de

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Activity: 770

Merit: 500

Quote from: cryptocoiner on October 19, 2014, 08:47:00 PM

Quote from: msc_de on October 19, 2014, 07:41:27 PM

Quote from: cryptocoiner on October 19, 2014, 07:00:15 PM

Quote from: msc_de on October 18, 2014, 10:17:01 PM

Quote from: cryptocoiner on October 18, 2014, 09:46:02 PM

Quote from: msc_de on October 18, 2014, 09:42:05 PM

Quote from: cryptocoiner on October 18, 2014, 09:36:58 PM

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

i threw away my passport into commode, i need freedom

So you don't want to go back to China?

how can man mix fire with water ?

Who are you? Water or fire?

water can quench fire but not bomb

Who are you exactly? Bomb? Fire? Water?

I am who i am, for your questions you'd go to ask Germany or China government, i lost interest talking with you

worle1bm

full member

Activity: 1834

Merit: 166

How can you compare the economies? China isn't a robust economy; separating state entities from private enterprises is impossible, so accurate accounting is impossible. Similarly, the debt situation in China is extremely disconcerting. Folks scream and wail about how the U.S. is in bed with banks, but no mention of China literally funding and operating state banks?

cryptocoiner

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hyperboria - next internet

Quote from: msc_de on October 19, 2014, 07:41:27 PM

Quote from: cryptocoiner on October 19, 2014, 07:00:15 PM

Quote from: msc_de on October 18, 2014, 10:17:01 PM

Quote from: cryptocoiner on October 18, 2014, 09:46:02 PM

Quote from: msc_de on October 18, 2014, 09:42:05 PM

Quote from: cryptocoiner on October 18, 2014, 09:36:58 PM

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

i threw away my passport into commode, i need freedom

So you don't want to go back to China?

how can man mix fire with water ?

Who are you? Water or fire?

water can quench fire but not bomb

Who are you exactly? Bomb? Fire? Water?

Window2Wall

full member

Activity: 191

Merit: 100

Quote from: galbros on October 19, 2014, 07:20:38 PM

Quote from: msc_de on October 18, 2014, 09:42:05 PM

i threw away my passport into commode, i need freedom

This is a good point, if your best people want to leave and live elsewhere, it is hard to stay a strong economic power.

China looks really strong economically right now, so did Japan in 1989. Like Japan, I don't think China will drop dramatically but that does not mean it will automatically overtake the USA. The US does have real advantages such as rule of law and (at least some) individual liberty. The US has taken some steps backward, but should not be counted out just yet.

Rule of law is very important for an economy to prosper over the long term. From what I have hear, China does not have any serious way to get a civil enforcement/judgment on a contract, therefore it is very easy to scam in China which will, over longer periods of time, hamper trade.

msc_de

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Activity: 770

Merit: 500

Quote from: galbros on October 19, 2014, 07:20:38 PM

Quote from: msc_de on October 18, 2014, 09:42:05 PM

i threw away my passport into commode, i need freedom

This is a good point, if your best people want to leave and live elsewhere, it is hard to stay a strong economic power.

China looks really strong economically right now, so did Japan in 1989. Like Japan, I don't think China will drop dramatically but that does not mean it will automatically overtake the USA. The US does have real advantages such as rule of law and (at least some) individual liberty. The US has taken some steps backward, but should not be counted out just yet.

less Neville Chamberlain in US government, much stronger USA

msc_de

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Activity: 770

Merit: 500

Quote from: cryptocoiner on October 19, 2014, 07:00:15 PM

Quote from: msc_de on October 18, 2014, 10:17:01 PM

Quote from: cryptocoiner on October 18, 2014, 09:46:02 PM

Quote from: msc_de on October 18, 2014, 09:42:05 PM

Quote from: cryptocoiner on October 18, 2014, 09:36:58 PM

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

i threw away my passport into commode, i need freedom

So you don't want to go back to China?

how can man mix fire with water ?

Who are you? Water or fire?

water can quench fire but not bomb

galbros

legendary

Activity: 1022

Merit: 1000

Quote from: msc_de on October 18, 2014, 09:42:05 PM

i threw away my passport into commode, i need freedom

This is a good point, if your best people want to leave and live elsewhere, it is hard to stay a strong economic power.

China looks really strong economically right now, so did Japan in 1989. Like Japan, I don't think China will drop dramatically but that does not mean it will automatically overtake the USA. The US does have real advantages such as rule of law and (at least some) individual liberty. The US has taken some steps backward, but should not be counted out just yet.

cryptocoiner

hero member

Activity: 602

Merit: 500

hyperboria - next internet

Quote from: msc_de on October 18, 2014, 10:17:01 PM

Quote from: cryptocoiner on October 18, 2014, 09:46:02 PM

Quote from: msc_de on October 18, 2014, 09:42:05 PM

Quote from: cryptocoiner on October 18, 2014, 09:36:58 PM

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

i threw away my passport into commode, i need freedom

So you don't want to go back to China?

how can man mix fire with water ?

Who are you? Water or fire?

msc_de

hero member

Activity: 770

Merit: 500

Quote from: cryptocoiner on October 18, 2014, 09:46:02 PM

Quote from: msc_de on October 18, 2014, 09:42:05 PM

Quote from: cryptocoiner on October 18, 2014, 09:36:58 PM

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

i threw away my passport into commode, i need freedom

So you don't want to go back to China?

how can man mix fire with water ?

cryptocoiner

hero member

Activity: 602

Merit: 500

hyperboria - next internet

Quote from: msc_de on October 18, 2014, 09:42:05 PM

Quote from: cryptocoiner on October 18, 2014, 09:36:58 PM

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

i threw away my passport into commode, i need freedom

So you don't want to go back to China?

msc_de

hero member

Activity: 770

Merit: 500

Quote from: cryptocoiner on October 18, 2014, 09:36:58 PM

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

i threw away my passport into commode, i need freedom

cryptocoiner

hero member

Activity: 602

Merit: 500

hyperboria - next internet

Quote from: msc_de on October 18, 2014, 09:33:28 PM

Quote from: cryptocoiner on October 18, 2014, 09:31:17 PM

Quote from: msc_de on October 18, 2014, 09:23:42 PM

real China , here you go :

http://site.6park.com/life2/index.php?app=forum&act=threadview&tid=14238242

Are you from china?

sure, but now in germany

Studying, working? Would you go back to China? Or you just want to get out of there and never comeback?

msc_de

hero member

Activity: 770

Merit: 500

Quote from: cryptocoiner on October 18, 2014, 09:27:13 PM

Quote from: ruletheworld on October 18, 2014, 08:47:07 PM

Quote from: cryptocoiner on October 14, 2014, 12:11:50 AM

Quote from: ruletheworld on October 13, 2014, 09:09:20 PM

Quote from: cryptocoiner on October 13, 2014, 09:01:23 PM

Only with Purchasing power parity (PPP)
But in nominal GDP it still has a way to go.

PPP makes the most sense in comparing economies anyway. Would you disagree?

Yes, I disagree. Only real numbers make sense. Purchasing power parity is bullshit. All depends on how you count this "power parity".

What does real numbers mean? What's the purpose of measuring GDPs and why would you prefer one over the other?

Take some USD, go to China, exchange for RMB, buy something there, forget about PPP.

if possible PRC chinese prefer to buy products aboard eg USA or west Europe rather than in China since same products are much more expensive than aboard

Topic: China Just Overtook The US As The World's Largest Economy (Read 3987 times)