Go Back  

US Now Second Largest Economy in World. 

Current Rating:

Join NowJoin Now
 
  #81  
Old 12-06-2014, 12:31 AM
TheVrist's Avatar
TheVrist
Offline:
Poster Rank:65
dude
Join Date: Jan 2010
Contributions: 1
 
Mentioned: 42 Post(s)
Quoted: 8686 Post(s)
Activity Longevity
0/20 16/20
Today Posts
0/11 ssss19457
Re: US Now Second Largest Economy in World.

Quote:
Originally Posted by Mr Poo View Post
I had a dinner with the COO of my company a week ago and he was talking about alibaba, singles day and how it is much bigger than black Friday..
I'd imagine .

If I had a few grand, I might would play in the cell phones. They have product not even introduced here yet, for like 80-100 bucks a unit. That will most likely sell for 400+ easy.

Reply With Quote
The Following User Says Thank You to TheVrist For This Useful Post:
Mr Poo
  #82  
Old 12-06-2014, 04:31 AM
commondenom's Avatar
commondenom
Offline:
puelling pueman
Poster Rank:156
m
Join Date: Apr 2010
 
Mentioned: 21 Post(s)
Quoted: 2924 Post(s)
Activity Longevity
1/20 16/20
Today Posts
0/11 sssss8873
Re: US Now Second Largest Economy in World.

lololol at the argument going on here....

the only fact that really matters is 'what they are doing is working for them. It's enriching their country deservedly...same as japan in the 70's and 80s, the usa in the 50s....

they're doing it right...saying fuck you, fuck your system, we didn't agree to it, you can't fucking control us....i say more power to them and any nation that sticks it's middle finger up to trademark laws, copywrite laws, patents and any of that crap...

Reply With Quote
  #83  
Old 12-06-2014, 04:33 AM
commondenom's Avatar
commondenom
Offline:
puelling pueman
Poster Rank:156
m
Join Date: Apr 2010
 
Mentioned: 21 Post(s)
Quoted: 2924 Post(s)
Activity Longevity
1/20 16/20
Today Posts
0/11 sssss8873
Re: US Now Second Largest Economy in World.


Documenting Reality
1407279702-8-cloni-cinesi-in-arrivo-la-land-wind-identica-alla-range-evoque-e-la-lifan-330-fiat-.jpg  

Reply With Quote
  #84  
Old 12-06-2014, 05:02 AM
PlinyTheYounger's Avatar
PlinyTheYounger
Offline:
★ Sexual Tyrannosaurus ★
Poster Rank:79
Pelvic Sorcerer
Join Date: Mar 2012
 
Mentioned: 79 Post(s)
Quoted: 7749 Post(s)
Activity Longevity
1/20 13/20
Today Posts
0/11 ssss16863
Re: US Now Second Largest Economy in World.

This is false. China is nearly 4x larger in population than the US; therefore it should be producing 4x the GDP. It's currently 1/4th the US economy.

Reply With Quote
The Following 3 Users Say Thank You to PlinyTheYounger For This Useful Post:
Mr Poo, rob666, Xfactor
  #85  
Old 12-06-2014, 11:34 AM
niknik's Avatar
niknik
Offline:
My Rank: MAJOR
Poster Rank:82
Join Date: Jan 2010
 
Mentioned: 261 Post(s)
Quoted: 8223 Post(s)
Activity Longevity
1/20 16/20
Today Posts
0/11 ssss16686
Re: US Now Second Largest Economy in World.

Quote:
Originally Posted by PlinyTheYounger View Post
This is false. China is nearly 4x larger in population than the US; therefore it should be producing 4x the GDP. It's currently 1/4th the US economy.
They use some formula that takes into account the median income if that country.

Reply With Quote
  #86  
Old 12-06-2014, 11:35 AM
niknik's Avatar
niknik
Offline:
My Rank: MAJOR
Poster Rank:82
Join Date: Jan 2010
 
Mentioned: 261 Post(s)
Quoted: 8223 Post(s)
Activity Longevity
1/20 16/20
Today Posts
0/11 ssss16686
Re: US Now Second Largest Economy in World.

Quote:
Originally Posted by commondenom View Post
lololol at the argument going on here....

the only fact that really matters is 'what they are doing is working for them. It's enriching their country deservedly...same as japan in the 70's and 80s, the usa in the 50s....

they're doing it right...saying fuck you, fuck your system, we didn't agree to it, you can't fucking control us....i say more power to them and any nation that sticks it's middle finger up to trademark laws, copywrite laws, patents and any of that crap...
What's stupid is they make a huge amount of there income from America. So they can say screw your system, but then they shouldn't expect us to play along with them.

Reply With Quote
  #87  
Old 12-06-2014, 06:56 PM
Mr Poo's Avatar
Mr Poo
Offline:
My Rank: MAJOR
Poster Rank:166
Join Date: Jan 2014
 
Mentioned: 18 Post(s)
Quoted: 4490 Post(s)
Activity Longevity
0/20 11/20
Today Posts
0/11 sssss8104
Re: US Now Second Largest Economy in World.

Quote:
Originally Posted by PlinyTheYounger View Post
This is false. China is nearly 4x larger in population than the US; therefore it should be producing 4x the GDP. It's currently 1/4th the US economy.
Not to mention when it comes to international exchange rates the US economy is bigger than China by 70%..

Reply With Quote
The Following User Says Thank You to Mr Poo For This Useful Post:
PlinyTheYounger
  #88  
Old 12-06-2014, 07:12 PM
Xfactor's Avatar
Xfactor
Offline:
Avoiding Limelight
Poster Rank:113
Male
Join Date: May 2009
Contributions: 6
 
Mentioned: 13 Post(s)
Quoted: 1532 Post(s)
Activity Longevity
1/20 17/20
Today Posts
0/11 ssss12295
Re: US Now Second Largest Economy in World.

Doesn't bother me. So the super wealthy wont make as much. More and more shit is starting to get made in US.

Reply With Quote
  #89  
Old 12-06-2014, 09:49 PM
rob666's Avatar
rob666
Offline:
★ Legacy Member ★
Poster Rank:83
Join Date: May 2009
 
Mentioned: 61 Post(s)
Quoted: 8627 Post(s)
Activity Longevity
0/20 17/20
Today Posts
0/11 ssss16295
Re: US Now Second Largest Economy in World.

Quote:
Originally Posted by Xfactor View Post
Doesn't bother me. So the super wealthy wont make as much. More and more shit is starting to get made in US.
Our manufacturing has been obliterated.

The manufacturing jobs that are left pay shit compared to what they used to, the days of dad working at the car plant supporting the family are gone and they're never coming back.

Reply With Quote
  #90  
Old 11-03-2020, 06:56 PM
qljs1992
Offline:
My Rank: PRIVATE
Poster Rank:18835
Join Date: Jul 2018
 
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Activity Longevity
0/20 5/20
Today Posts
0/11 ssssssss3
Re: US Now Second Largest Economy in World.

Quote:
Originally Posted by niknik View Post
Not really. This is what happens when we give in to the rest of the world. When other nations say we control too much, and other nations are suffering because of our greed. So we make deals that aren't necessarily great for us, but are great for our competitors.

But it should be noted China has only surpassed America because America allowed it. I'm sure America is China's biggest importer of Chinese goods. Making their economy billions. Not to mention the unfair trade agreements America has entered with China. And I'm sure that's a product of our debt, and the fact China owns trillions of it.

As soon as the world stops buying cheap Chinese knockoffs, their world will crumble down. China doesn't exactly follow the law when it comes to infringement of patents. Nor do they play straight when it comes to their money.

Also important that much of the exports are generally of a lesser quality than American exports. And have much less standards in quality and consumer protections. Basically, it means much of the products exported are inferior to American products. In other words, Americans need to stop buying cheap shit from China, because it's cheap shit.

Also the standard of living in China is far below the standard in the U.S. Which boils down to China has much less laws protecting it's workforce. Allowing them to have a endless amount of extremely cheap labor, which allows them to push out ridiculous amounts of products for much less than American companies can produce it for.

And you could point out EPA and other over regulation of American companies. Putting them again at a disadvantage. China is by far the biggest polluter in the world, almost double of America. While America keeps trying to lower our emissions, China is doing the opposite.
hi, you actually don't know much about China.

Reply With Quote

Powered by vBulletin Copyright 2000-2010 Jelsoft Enterprises Limited.

Search Engine Friendly URLs by vBSEO