China overtakes the US as the worlds biggest economy

[Umbra]

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[lombardsoup]

This is news?  Everyone knows modern 'murica is the land of deadbeat welfare bums, where the EBT cards flash faster than they can be loaded.  Half of its population doesn't even work.

[Leshma]

Worlds only economy...

[Xant]

This is news?  Everyone knows modern 'murica is the land of deadbeat welfare bums, where the EBT cards flash faster than they can be loaded.  Half of its population doesn't even work.

Do you make any posts where you aren't nerd raging at America?

[Christo]

Only in purchasing power.

[lombardsoup]

Do you make any posts where you aren't nerd raging at America?

If 'murica wasn't a nation of fat dependents, I wouldn't type a thing about the place

Its ok though man, China holds US debt and has them by the balls

[Angantyr]

Everyones eyes are on China while the old powers of (primarily mainland) Western Europe are regaining their pre-WWII status almost without comment, EU countries having for a good while surpassed the US in gross domestic product, both in total and per capita. The US still has the by far biggest army expenditure, though, as you would expect of a nation having nurtured for the last 60 years the ghosts of the old European colonial interests. China is rising, but is still an incredibly backwards, rural country, and mostly an assembly plant for said Western industry.

[Xant]

Everyones eyes are on China while the old powers of (primarily mainland) Western Europe are regaining their pre-WWII status almost without comment, EU countries having for a good while surpassed the US in gross domestic product, both in total and per capita. The US still has the by far biggest army expenditure, though, as you would expect of a nation having nurtured for the last 60 years the ghosts of the old European colonial interests. China is rising, but is still an incredibly backwards, rural country, and mostly an assembly plant for said Western industry.

And their growth won't be linear for long. They're going to run into problems soon enough, economic growth is far from being as simple as it seems if you just look at charts. The socioeconomic implications alone are going to cause problems, China isn't your stereotypical Western country, just with slant-eyed yellow people.

[Angantyr]

Yes, the usual political commentary seem to deal with this like we weren't taking about a Far East country with few of the premises that have enabled centuries of Western dominance.

[Tibe]

If 'murica wasn't a nation of fat dependents, I wouldn't type a thing about the place

Its ok though man, China holds US debt and has them by the balls

Ye, but even a 3rd grader would notice that your cursing is relatively shortsighted. Im no US lover but, its just random factless shittossing. And even if it is backed by facts, its the most litterate rawest facts possible, specifically designed to inform the common anti-american slob, so they can feel slightly superior about their own lives for a change. People with brains dont measure countries successes by percentage piecharts from 9gag. Which I assume is where you get majority of your info from, considering the constructiveness of your posts.

[lombardsoup]

Ye, but even a 3rd grader would notice that your cursing is relatively shortsighted. Im no US lover but, its just random factless shittossing. And even if it is backed by facts, its the most litterate rawest facts possible, specifically designed to inform the common anti-american slob, so they can feel slightly superior about their own lives for a change. People with brains dont measure countries successes by percentage piecharts from 9gag. Which I assume is where you get majority of your info from, considering the constructiveness of your posts.

That isn't shit tossing?

Its melee forum, shittossing is mandatory

[Tibe]

Whatever floats your boat mate. Just aslong as you are aware of it......

[lombardsoup]

Whatever floats your boat mate. Just aslong as you are aware of it......

Certainly occifer, I'm aware of the law

[Teeth]

Yes, if China spends all of its gross domestic product on domestic products they would be able to buy more than if the US would spend all of its gross domestic product on domestic products. Good luck spending 17 trillion on pork meat and toy cars. Comparing GDP's adjusted for purchasing power parities is incredibly dumb ever since people invented trade. China is a bigger economy because they have a crappy domestic market, okay.

That said, regular GDP comparisons make China look bad because they artifically keep their currency down, making the exchange to dollar costly for the GDP number. The thing with countries with 1.3 billion people is that even if they are dirt poor, the sheer number of people producing at a shoddy pace is gonna make the national economy big.

[Tibe]

Certainly occifer, I'm aware of the law