I should brush up on my German, I might have to move to Switzerland.
China will own the U.S by 2030 - Page 17
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Sanguinarius
United States3427 Posts
I should brush up on my German, I might have to move to Switzerland. | ||
phil.ipp
Austria1067 Posts
i find it kind of funny how proud some of you are to be the number 1 economic wise though millions not even have healtcare, you have a crime rate which you wouldnt find in any other country in europe, you have so much fear of your own people that the most of the population is armed at home, tousands lost there homes in the real estate bubble, you are fighting in two wars where every day your own people die. you probably prepare for a third in iran. the FED pressed unlimited amounts of money for years which they cant take back, your debts are out of the roof. You spended billions on the people who fucked you over more than i can count (banks). but yeah you have a higher GNI than China. Congrats youve won ! long live the U.S.A ! i have to say thanks to WW2 patriotism is non existent in europe and we are able to look at our goverments more rational. | ||
fearus
China2164 Posts
On November 01 2010 20:54 Dogsi wrote: Norway is a global economic powerhouse. Monaco and Liecthenstein are small specialized economies and are not really comparable. However, those examples also show my point. Should those countries fear America having economic growth? Are we in competition with those economies? Of course not. They would be worried if over half of their GDP was made up of private consumption fueled by treasury securities owned by America. | ||
Navane
Netherlands2690 Posts
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Dogsi
Indonesia298 Posts
On November 01 2010 21:13 phil.ipp wrote: the GNI says absolutly nothing about the whole topic i find it kind of funny how proud some of you are to be the number 1 economic wise though millions not even have healtcare, you have a crime rate which you wouldnt find in any other country in europe, you have so much fear of your own people that the most of the population is armed at home, tousands lost there homes in the real estate bubble, you are fighting in two wars where every day your own people die. you probably prepare for a third in iran. the FED pressed unlimited amounts of money for years which they cant take back, your debts are out of the roof. You spended billions on the people who fucked you over more than i can count (banks). but yeah you have a higher GNI than China. Congrats youve won ! long live the U.S.A ! i have to say thanks to WW2 patriotism is non existent in europe and we are able to look at our goverments more rational. Healthcare is pretty much true. BUT we have lower taxes in exchange for it. We also do approximately 2/3 of the worlds medical R&D and dominate the medical industry. Our crime rate is actually not that high. Higher than the average in the OECD but far from the highest. Crime itself is hard to compare because crimes are defined differently in different countries. America has the largest portion of its populace in prison but that is mostly because we have stricter punishments. Switzerland has a higher gun ownership rate than America does. Most people in America do not own guns, we simply have the "right" to own guns. Personally, I do agree with you that it is not a good thing but this point itself is meaningless. The death rate of US servicemembers in Iraq and Afghanistan have annual death rates below that of McDonalds employees in the states. Seriously. It's not a war, there are no armies to fight. It's civil unrest caused by American stupidity. Anyways, what does this have to do with anything I stated? The real estate bubble in America was mild compared to the bubble in numerous parts of Europe. America posted real GDP growth in 2008 and 2009 (although real income declined), the EU can not state the same thing. Our debt to GDP ratio is below most European nations and below all large European economies. I fail to see the downside to printing money in moderation. We must print money because the rest of the world hordes USD. Inflation is not inherently bad. Mild inflation is actually good. More rational? At what point did I flaunt the power of America? I never stated that "we won". I simply pointed out that at this point in time, China is a very poor developing nation. Despite its high growth rate, it is not really comparable to America. | ||
.risingdragoon
United States3021 Posts
The implication's doesn't get any clearer. | ||
Dogsi
Indonesia298 Posts
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KizZBG
u gotta skate8152 Posts
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iPlaY.NettleS
Australia4254 Posts
USA has an 800 billion trade deficit , China has 200+ billion surplus. Sorry buddy but it is China that is rich and USA that is poor. If i borrow 1 million dollars from the bank does that make me rich? because soon i will be poor when i have spent it and the interest keeps building. | ||
phil.ipp
Austria1067 Posts
that will get the ratio GDP/debt to over 100% i can only think of 2 countrys in europe with a ratio like that, thats italy and greece, greece is already crashed. i read that the budget deficit will not be balanced till 2016 ! and that are the optimistic scenarios with lots of GDP growth. its not a little bit of money pressing in a crisis, this is an unstopable downward spiral. im sorry if you dont want to hear it, but even worse times will come and pray to god that they dont start a war in iran. and it dont say that the europeans handle anything better, its the same problem here, it just will get worse | ||
jello_biafra
United Kingdom6631 Posts
By that list China is the richest in the world and the US is the poorest in the world, but since the US has the world's largest economy and the Chinese economy is almost entirely dependent on it plus the fact that China can't just ask for all its money back at once means this video is complete nonsense. | ||
clementdudu
France819 Posts
Do people in usa REALLY think that theyre on par with ancient greece and roman empire? | ||
Aaeka
United States2 Posts
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stk01001
United States786 Posts
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Karliath
United States2214 Posts
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soulcrusher
United States143 Posts
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Jayme
United States5866 Posts
On November 01 2010 21:08 Sanguinarius wrote: Unfortunately, China does own a massive amount of out Debt. And, the deficit has just increased more with Obama in office. Unless we ACTUALLY change (and not just say we will) our spending ways, this very well might come to pass. I should brush up on my German, I might have to move to Switzerland. You can thank supply side economics for starting that train of fail. Now we reap the benefits. | ||
Originalien
Australia28 Posts
Mao Tze Tong is a prime example of why, China's economy till recently was the only economy on the planet to actually RISE every year without fail over 30 years or so... because when ur having a bad year u just starve 100 million people to death and keep ur economy strong They did this by way of persecution and dictatorship. Communism , in its pure form is ok, if u take away the class system and make it run by the people not a leader. FREE TIBET! FREE FALUN DAFA!!! FREE THE PEOPLE OF CHINA ( who cant play more than 2 hours of WOW a day ) who cant google TIANEMAN SQUARE and see what really happened, tanks rolling over a student protestor, they see happy smiles and sunny days when they google TIANEMAN SQUARE..... I dont give 2 shits about Americans blatant propaganda , which is what this video is. I do care about peoples civil libertys. Though, in saying that america has basically PISSED AWAY every constitutional right they ever had since 9/11 - AMERICA is about to KILL THE INTERNET. Google Internet Cencorship and what america plans to do...... BAD NEWS Wake up peoples, its all money now. Money = Power. Power Corrupts, So when u get lots of money u become corrupt. Power is useless without powerless drones doing ur bidding. All Governments control drones. Thus, all governments are being slowly co-erced and manipulated by Powers, Through money, To Get you to do their bidding..... Capatalism is killing the world, its Killing Democracy and Is Even killing Communism. It kills everything it touches. The only way for everyone to truly wake up is to have everyone on the planet destroy their surroundings soOOOoooOOOoo much , that its impossible to deny the damage capatilsm and selfishness has done and there-fore FORCES everyone to refuse to take part in a system that will make the human race extinct in less than a thousand years. My true hope is that we wake up before the damage reaches that critical level..... Till then, carry on with your propaganda that simply trys to keep you enslaved and confused and keep your mind off of real issues. 2 party Government systems and their propaganda are like 2 junkies robbing your house, 1's standing at the door either begging for money and food or threatening you with a dirty needle, and the other one is already in your house taking all your valuables. Ur damned either way because if u stop to get the junkie in your house out the other one sneeks in and keeps stealing your shit, whilst the other one goes to the front door again and starts distracting you again..... Get it? THEIR BOTH JUNKIES WHO ARE STEALING UR SHIT ( ur civil libertys , your rights, ur planets well being and your intelligence ) Ahhhhhhhh, i feel better.....enough ranting for today | ||
iPlaY.NettleS
Australia4254 Posts
Looks like the Marxists have arrived in force. Trying their dead level best to convince the viewers here this video is about China somehow. About Chinese dominance or something. it is an IQ test of sorts. Those who think this is about China, or pretend to think it is about China are the less than 100 IQ crowd here. The other side, the side that knows what this video is about, about Progressive policies that are ruining American's economy, are on the greater than 100 IQ side of the ledger here. Often wonder where people get their information.....bashing the Chinese? This AD does nothing of the sort. It actually demonstrates how near-sighted, economically-illiterate, big government loving some of our VOTING population is! It's intention is to underscore our naivete/lunacy in borrowing our way out of debt and spending ourselves into prosperity. You out there who think it's funny, change what u smoke , u couldn't be more wrong......geez.... | ||
Originalien
Australia28 Posts
On November 01 2010 22:06 Dogsi wrote: Oh, and btw, I am so patriotic that I have spent the last 9 years living outside of America :-P Yeah but you live in indonesia which , i hate to say it coz i think america is a shining beacon of how u kill democracy and corrupt a great idea, is even worse. Militant Islamic , Poor as crap nation that has serious personal freedom issues. U get life in prison for smoking pot ffs....... And its full of kiddy touchers 2, much like other asian nations that are 2nd and 3rd world.... So not saying anything about you but living in indonesia is the one of the last places i would want to be I met a chick, on christian outreach mission ( pffff im not religious at all, dont care for the chick btw ) who saved a 4 year old from a BROTHEL in cambodia..... A fucking 4 year old, whos mom was so poor to feed her other kids she sold her 4 year old to a brothel...... Aint it a beautiful world | ||
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