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#21
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10-29-2013, 10:11 PM
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 My Rank: FIRST LIEUTENANT Poster Rank:242 Male Join Date: Aug 2009 Posts: 5,695 Mentioned: 15 Post(s) Quoted: 1530 Post(s)
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Re: World’s Biggest Mall is a Ghost Town
Oh, and ours is rosey? yes, they'll have trouble sustaining their growth, but in fact, Goldman Sachs just last year published projections that predict China's economy to exceed 50 trn (USD) by 2050 and the US to be approximately 35 trn. Anyway you look at it, China's very likely to overtake us in a few short years.
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#22
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10-31-2013, 06:49 PM
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 My Rank: STAFF SERGEANT Poster Rank:760 Join Date: Sep 2013 Posts: 1,054 Mentioned: 2 Post(s) Quoted: 645 Post(s)
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Re: World’s Biggest Mall is a Ghost Town
There's a particular type of moron who regurgitates information without actually engaging in thought. Broadjumper keeps saying that China will "overtake" the US economically. What he's referring to is the GDP, or, total value of all goods and services produced. China Population: 1,350,000,000 US Population: 335,000,000 With over 4 times the population of the US, China might start producing a little more than the relatively miniscule population of the US. That's a "win"? That's an embarrassment. By his logic, India($1.8T gdp, 4.8% growth), with it's shit strewn streets and corpses rotting in the Ganges, has overtaken Switzerland with its much smaller $600billion GDP and anemic 1% growth rate. |
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#23
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10-31-2013, 07:48 PM
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| My Rank: FIRST LIEUTENANT Poster Rank:242 Male Join Date: Aug 2009 Posts: 5,695 Mentioned: 15 Post(s) Quoted: 1530 Post(s)
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Re: World’s Biggest Mall is a Ghost Town
Can't you read? 'Largest economies' are based upon TOTAL GDP, not per capita. To use your 'logic', Quatar has the world largest economy because their GDP per capita is $101,000 (IMF) or approximately TWICE ours... You should quit while you're behind before you embarrass yourself further...you're freakin' dead from the neck up  |
