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Topic: USA is now number 2 - page 2. (Read 11701 times)

sr. member
Activity: 378
Merit: 254
January 09, 2015, 09:11:25 AM
...They will rule it very differently than the US and there will have other powers but they will ruling the world and you can see they are slowly establishing their power to Africa, Asia and Europe.

As soon as the scourge of Bitcoin is dealt with, world domination!

hero member
Activity: 1022
Merit: 500
January 09, 2015, 09:02:54 AM
This is old hat as this has been coming for such a long time that the news has been long factored in
China is top but will never dominate like the US did, interesting times

If they have the first economy, if they are the first producer and have a army that is becoming huge and many allies; they will rule the world. They will rule it very differently than the US and there will have other powers but they will ruling the world and you can see they are slowly establishing their power to Africa, Asia and Europe.
hero member
Activity: 490
Merit: 500
January 08, 2015, 11:25:24 PM
This is old hat as this has been coming for such a long time that the news has been long factored in
China is top but will never dominate like the US did, interesting times
hero member
Activity: 1022
Merit: 500
January 08, 2015, 07:47:54 AM
Have you guys seen The Interview?
Not yet, looking forward to it this weekend but I prefer to watch a sci fi movie rather than that. Im pretty sure i will be dissapointed and it will be a pretty meh movie.

You are right, don't expect a great movie because you will be disappointed.
hero member
Activity: 770
Merit: 509
January 07, 2015, 08:05:49 PM
Have you guys seen The Interview?
Not yet, looking forward to it this weekend but I prefer to watch a sci fi movie rather than that. Im pretty sure i will be dissapointed and it will be a pretty meh movie.
hero member
Activity: 1022
Merit: 500
January 07, 2015, 05:01:22 PM
Have you guys seen The Interview?

Yes it's exciting to get to see it but the beginning is very bad, franco doesn't play it well but it's better at the end with a few funny scenes. C+

They should have substituted Katy Perry for Justin Bieber to convey more gayness.  Grin

When Franco is spending time with the dictator, it's quite funny but the beginning of the movie is so horrible that I can't even give them a B+
legendary
Activity: 2604
Merit: 1036
January 07, 2015, 10:59:12 AM
Have you guys seen The Interview?

Yes it's exciting to get to see it but the beginning is very bad, franco doesn't play it well but it's better at the end with a few funny scenes. C+

They should have substituted Katy Perry for Justin Bieber to convey more gayness.  Grin
sr. member
Activity: 378
Merit: 254
January 07, 2015, 07:18:41 AM
Lol, Chinese average household income is x10 smaller than that of US.  Ten times.  Excelsior!  Cheesy


"average"

there are lots of people who can BUY the town you live.
alot. the rich chinas are no joke. its not no new york rich

There are lots of people in the town I live (NYC) who can buy your rich friends & have them stuffed as a pair of Foo Dogs.
full member
Activity: 486
Merit: 100
January 06, 2015, 09:34:28 PM
There are many criteria to be the biggest economy.

China is the seller, States is the market.They can not be without each other.At least for the coming decade.

China is not only seller.. China is  strategic partner and here is power of manipulations
China is uncapable of producing quality stuff. No one is going to trust China to buy a car but everyone will keep trusting the Germans and so on.

we're talking about the mass people here.
mass people will not buy german car.
man these people in bitcoin talk did they even go to highschool? jeez..
full member
Activity: 486
Merit: 100
January 06, 2015, 09:32:21 PM
Lol, Chinese average household income is x10 smaller than that of US.  Ten times.  Excelsior!  Cheesy


"average"

there are lots of people who can BUY the town you live.
alot. the rich chinas are no joke. its not no new york rich
hero member
Activity: 1022
Merit: 500
January 06, 2015, 06:39:09 PM
Have you guys seen The Interview?

Yes it's exciting to get to see it but the beginning is very bad, franco doesn't play it well but it's better at the end with a few funny scenes. C+
legendary
Activity: 2604
Merit: 1036
January 06, 2015, 03:41:03 PM
Have you guys seen The Interview?
hero member
Activity: 1022
Merit: 500
January 06, 2015, 05:50:37 AM
Production always rates over consumption.   China does not rely on USA because quite simply they could just use their own products for at least some use in their society.   Where as dollars are quite useless in the excess amounts they have been produced especially as without taxes on valid business there is not as great demand from tax payment for these dollars.   Raising taxes to balance out fiscal budgets is a failure and diverts business elsewhere, raising interest rates on the dollar debt would wipe out the budget also.   It seems quite clear USA has serious problems without China and other support like the oil trade external to USA being in dollars

Quote
Time to break out the ole Chinese to English Translation Guide and start practicing up on your Cantonese! :p

Or take the shortcut and marry a mandarin speaking women to help .   Problem for China is they have unbalanced male to female ratio, their population model is in decline and active labour force

You are right, China is needing the US less and less everyday; the Yuan should appreciate and the Dollar should go down. Right now the Dollar is relatively very high, maybe higher than it will ever be in the future.
STT
legendary
Activity: 4102
Merit: 1454
January 05, 2015, 08:36:19 PM
Production always rates over consumption.   China does not rely on USA because quite simply they could just use their own products for at least some use in their society.   Where as dollars are quite useless in the excess amounts they have been produced especially as without taxes on valid business there is not as great demand from tax payment for these dollars.   Raising taxes to balance out fiscal budgets is a failure and diverts business elsewhere, raising interest rates on the dollar debt would wipe out the budget also.   It seems quite clear USA has serious problems without China and other support like the oil trade external to USA being in dollars

Quote
Time to break out the ole Chinese to English Translation Guide and start practicing up on your Cantonese! :p

Or take the shortcut and marry a mandarin speaking women to help .   Problem for China is they have unbalanced male to female ratio, their population model is in decline and active labour force
hero member
Activity: 1022
Merit: 500
January 05, 2015, 07:36:15 PM
In the end China almost relies on the US for their money. If the US wouldn't pay China would loose lots of money. If the US decides not to buy stuff from China a lot of money would be lost for China.

The US pays China by going into debt and creating more Dollars that are depreciating in value. A lot of other people can consume, the Chinese people for example; not a lot of people can produce as much as China. It is harder to produce than consume.
legendary
Activity: 1610
Merit: 1000
Well hello there!
January 05, 2015, 06:13:29 PM
If you can't beat em...join em Wink

Time to break out the ole Chinese to English Translation Guide and start practicing up on your Cantonese! :p
hero member
Activity: 1022
Merit: 500
January 05, 2015, 05:15:00 PM
China is developing and has much ground to make up from the past losses to trade.  USA is more in decline because of its overburden to government, it must consolidate and resolve conflicts in its economy between what works and does not.  I expect that is why China would 'beat' USA in GDP growth.
Some admire the command economy idea and that China may advance because politics has the power to force it but I think most natural growth likely to succeed would be unforced and supported by people without duress

Interesting points but I think China succeeds because they are working hard, saving and producing when the US is producing less industrial products and going into more debt to keep the huge government going on a little longer.
STT
legendary
Activity: 4102
Merit: 1454
January 04, 2015, 10:14:26 PM
Is that true in the countryside where they farm rice or whatever, because it seems like they have to leave home and everything they know to take a shot on living in a distant city and maybe even in a factory just to start themselves off on any capitalist type improvement.      India can also be extremely diverse and separated in success from rich to the poorest, they still have sects in India where the people farm rats to eat as food and are considered unemployable.
  Its very sad to see people cut off from the world like that and I'd hoped more then any personal idea of profit that bitcoin was an idea that helped link isolated communities
hero member
Activity: 1022
Merit: 500
January 03, 2015, 04:02:01 PM
Maybe china become number 1
But, still too many people with income less than $1 in a day  Sad

Let's hope china can change world become better & better
Much of China's gains in the size of economy size is the result in their residents living in a higher standard of living. Most people in China still live in a very low standard of living when compared to the West so they probably do have some room to grow

Even the poor got richer in China.
full member
Activity: 346
Merit: 102
January 03, 2015, 12:53:45 AM
Maybe china become number 1
But, still too many people with income less than $1 in a day  Sad

Let's hope china can change world become better & better
Much of China's gains in the size of economy size is the result in their residents living in a higher standard of living. Most people in China still live in a very low standard of living when compared to the West so they probably do have some room to grow
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