USA is now number 2 - page 2. | Bitcointalksearch.org

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: picolo on January 09, 2015, 10:02:54 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!

picolo

hero member

Activity: 1022

Merit: 500

Quote from: Sindelar1938 on January 09, 2015, 12:25:24 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.

Sindelar1938

hero member

Activity: 490

Merit: 500

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

picolo

hero member

Activity: 1022

Merit: 500

Quote from: AtheistAKASaneBrain on January 07, 2015, 09:05:49 PM

Quote from: Wendigo on January 06, 2015, 04:41:03 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.

You are right, don't expect a great movie because you will be disappointed.

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

Quote from: Wendigo on January 06, 2015, 04:41:03 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.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: Wendigo on January 07, 2015, 11:59:12 AM

Quote from: picolo on January 06, 2015, 07:39:09 PM

Quote from: Wendigo on January 06, 2015, 04:41:03 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+

Wendigo

legendary

Activity: 2604

Merit: 1036

Quote from: picolo on January 06, 2015, 07:39:09 PM

Quote from: Wendigo on January 06, 2015, 04:41:03 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

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: wesk1212 on January 06, 2015, 10:32:21 PM

Quote from: NotLambchop on December 08, 2014, 10:14:03 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.

wesk1212

full member

Activity: 486

Merit: 100

Quote from: BillyBobZorton on December 10, 2014, 05:25:44 PM

Quote from: tropical0101 on December 10, 2014, 10:22:22 AM

Quote from: gablay12 on December 10, 2014, 02:55:14 AM

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..

wesk1212

full member

Activity: 486

Merit: 100

Quote from: NotLambchop on December 08, 2014, 10:14:03 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

picolo

hero member

Activity: 1022

Merit: 500

Quote from: Wendigo on January 06, 2015, 04:41:03 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+

Wendigo

legendary

Activity: 2604

Merit: 1036

Have you guys seen The Interview?

picolo

hero member

Activity: 1022

Merit: 500

Quote from: STT on January 05, 2015, 09:36:19 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

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: 4004

Merit: 1428

Catalog Websites

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

picolo

hero member

Activity: 1022

Merit: 500

Quote from: desertfox470 on December 28, 2014, 08:47:33 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.

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

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

picolo

hero member

Activity: 1022

Merit: 500

Quote from: STT on December 28, 2014, 09:49:56 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: 4004

Merit: 1428

Catalog Websites

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

picolo

hero member

Activity: 1022

Merit: 500

Quote from: screwUdriver on January 03, 2015, 01:53:45 AM

Quote from: ?? on ??

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.

screwUdriver

full member

Activity: 346

Merit: 102

Quote from: ?? on ??

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

Topic: USA is now number 2 - page 2. (Read 11671 times)