Topic: USA is now number 2 - page 8. (Read 11701 times)

"That total economy divided by the number of people who get to consume the output. Here the US is well ahead (north of $50,000 a year in the US, only just over $5,000 a year in China and yes, that is after adjusting for price differences) and China would need another three generations of breakneck growth to close that gap."

Which is just as well. Can anyone here really imagine a world without the US, and with countries such as China & Russia the top superpowers?

Thank god for the USA and for the fact its still # 1.

Hi guys noone can change opinion that on the top are countrys witch OIL... sorry

China, Africa, Pakistan, India these are the places to be opening up shop right now. The EU and US are just toxic and negative environments. Plus regulation is very laxed in the emerging economies. Think USA during the industrial revolution when literally anyone with a brain could finangle some sort of "services" company and rake in millions. That is exactly whats happening in the emerging economies. Especially Africa, India and Pakistan

Well that was to be expected, every power reach its peak and then collapses, it's a cycle, China is the next one. Only when technology will make this paradigm shift because it will make such "power" obsolete then our civilization will prosper for real, not making economy the first objective of our existence.

I am surprised that no on is pointing out the glaringly obvious issue of this being a PPP measure, not a nominal

The fact that you can buy a whole grocery's worth for 5 dollars doesn't exactly measure your 'great' economic power - it does mean your currency is severely devalued

Not that you can float your currency to inflate your gdp - economy and gdp doesn't work that way.

So, I wonder who is living in denial hm?


Let us know if chinese gdp gets near 3/4 of US gdp. From last I saw their gdp growth is slowing down while US growth has no where to go but up, with US being around 17-18 trillion and chinese between 9-10 trillion.

He is right of course. USA is now #3. #1 is Eurozone from the date it started to exist.

When China starts to actually challenge the US as number one, not total GDP, but as the actual world super power, it will be interesting.
I personally don't trust America to accept becoming number 2 without putting up a fight.

Majority of credit for the advances you have listed does indeed go to US and American people - something that is an objective fact, while many try to scrounge up excuses and 'plausible alternative' chiefly motivated by nationalistic sagging pride.

'nnoooo internet was british - no the packet switch technology was developed in US by an American engineer' etc etc

US for its part have done much better than any other such power in history in terms of restraint and supporting global stability. Geopolitics is not an exercise in 'ideals' with nationalistic and ethnic ulterior motives.

Seriously, spending 1 billion + dollars just to drop warning leaflets to civillians so they can leave the firezone during a war? Lifting the entire resources of the 7th fleet to assist during the tsunami in japan? 2004 hurricane assistance to SE nations that initially rejected help out of national pride than came crying back for help because they couldn't save all the disaster affected areas?

What about the financial assistance to western europe, and to indirect effect, japan and korea (although they choose to deny it with every breath, it is indisputable that areas that were under American protection enjoyed direct and indirect benefits including political, economic, and diplomatic efforts of the United States)?

There is a reason why some of the older ww2 generations are, by ignorant modern and spoiled generation standards, seemingly ridiculously pro-American despite all its faults. Americans came through, fought for their land as if it was their own, and *gasp* left. Just left, with out taking any territory or annexing half the country as would have been the norm otherwise.


Yes, American does exert influence and power beyond its borders. That is the nature of geopolitics, and human nature demands that a stabilizing force is present in one form or another.

Remember, America was initially an isolationist nation. 'No foreign entanglement or alliances' as was said by George Washington. As strange as such ideas sound today, the fundamental idea of non-interference to the extent possible is actually one of core American ideas.

However, world is not so kind as to leave you be simply because you do so. This simple but bloody fact was deeply realized by Americans as they watched ww1 and ww2 unfold, and world became smaller and smaller due to advances in technology and transportation.

There was only one path America could realistically take. Same as any who believe in protecting their national sovereignty and integrity in a situation where enemies are running amok in front of their very door step: Kill before being killed.

That's the reality of geopolitics. Thanks to its will, resources, and ability to use them, United States became capable of exerting such power to the extent where it could enjoy the luxury, yes, luxury of not only protecting it self through blood, but also assist in establishing stability and relative peace through many places across the world, and especially those who allied themselves with United States.

Can you do any better? You, whose nation can't even get along with their island neighbors with out having a pissing contest over a bunch of rocks over south pacific and inciting childish nationalistic and racially motivated riots that burn down 'japanese' factories and shops chiefly run by fellow chinese?

Or you who have outright invaded and is currently conducting outright ethnic and cultural extermination of its natives that would make stalin and pol pot proud, all for the sake of their natural resources even though you already have an enormous territory around the most fertile regions of east asia?

What about when you invaded vietnam in 1979 and lost over 10 thousand in less than a month, then ran away with tails tucked between your legs while claiming to have 'taught vietnamese a lesson'? Butt of jokes by the vietnamese to this day by the way. In comparison, US sacrificed 60 thousand in the span of 9 YEARS, and still the vietcong and NVA never managed to take over South Vietnam while American military presence was there.

All that over the last 60 years - while United States have done less in 250 years of its own history?



Yes, United States makes mistakes. When you put an elephant in a flower patch the size of sandbox, it tends to be difficult to make a step without touching a few flowers.


But you are the size of an oversized rat and is now trying to play at being a superpower, tearing up the garden within and beyond your reach with your resource grabs beyond your borders.


What do you care about 'native americans' unless they give you excuses of bitch and take pot shots at Americans? What do you know about 'race inequality' and trying to use Ferguson for propaganda purposes that are obvious to everyone around the world? You rape and torture women and children simply to make way for construction and to the benefit of greedy government stooges, and dare not punish them out of fear, and yet you feel brave enough to be directed by your own oppressors to shifting blames to the west or any other convenient foreign 'enemies' and essentially earning your own death at the hands of others?

United States is doing its best under all circumstances considered. For a bunch of racially motivated children to think they can talk sh t about US because they are trying to buttress their sagging pride is the height of insecurity and childish behavior.

Your ulterior motive is all too transparent

Sounds the US is the evil empire.  How about the rescuing the world from Hitler, rebuilding Europe and Japan after wars.  The resurgence of German and Japan economic superpowers contradict the point of American capitalistic self interest.  Surely, while American capitalism and a market economy has had negative side effects, the overwhelming global societal and economic benefits are tremendous, from electricity, to the automobile, airplane, computers, telecommunications, and the internet.

They do produce quality stuff, many computer parts come out of China.   The main thing is quality control, management and I guess development though Ive heard of new Chinese researched products I dont know they regularly make advancements or not.

China can go forward and do anything required but they do seem to go offtrack without guidance.  So do we really trust a Chinese brand name not to cut corners, thats their main problem.  China needs to partner trade to keep up their growth, so I dont see them being a powerhouse dictating terms.  They are very capable of taking over car production from USA for example but the design excellence of the germans not so much

I am not really sure. The PPP is not a good measure of the size of an economy as it gives countries with a low but increasing standard of living a bigger "reading" then what is really accurate.

By using GDP as a measurement (which is really the best way to measure the size of an economy) the US is still has a much larger economy then China

Perfect situation.  The design, creativity, and original thinking is concentrated in the west and the dirty environmental and life destroying manufacturing is shipped off to China. 

Seriously, this is how economies evolve.  China is where the US was in the 50's, Europe in the 70's, and Japan in the 80's.  Soon the environment will be trash and the people too rich and fat to be willing to work cheap anymore.  The super rich Chinese will then move to California and New York City. 

This is not news! I think that the overtaking was maybe 6/7 months ago!

Time to whip out the old Rosetta Stone to get my Mandarin on 

Well we all saw that coming
So many billions of peoples aggregate income finally passed those of a few hundred million rich westerners
That said it will still take time for them to get to our standard of living.

Did feel a sense of Deja Vu though

No surprise, their economy is very good
And the product is everywhere

USA, what's gonna happen to you now ?

China is the greatest government orchestrated bubble ever.

Well we all saw that coming
So many billions of peoples aggregate income finally passed those of a few hundred million rich westerners
That said it will still take time for them to get to our standard of living.

Did feel a sense of Deja Vu though

This whole non sense around PPP was reported over 2 months ago. Why the false excitement now?

Lots of desperate chinese here

Let me know when they are close to surpassing US Nominal GDP - much more accurate measure of economic power even with all its faults in comparison to localized, misreported, and grossly distorted PPP. From what I know,  their gpd growth is getting slower and slower despite their efforts, while US economy is emerging slowly out of slow growth post recession and manufacture is moving out of china. With US GDP leading chinese gdp, and absolute growth number getting closer and closer, the corner has been turned.

Much wishful thinking from the chinese

China was already dominating bitcoin and it's price. It's not a surprise for us.
I think China will grow much more because all of the "money worth technology" is manifactured in China.

I guess Next step of China will be naming price of lots of things...