American Economics Thread

[emblem21]

Looks like SleepyIndian is gone.

Finally, these Indians are so toxic it's no wonder their country is such a polluted hell.

OH well, enough is enough on that nonsense,

I am interested to know how true something like this is in regards to how much time the world has left on the dominance of the US dollar since it is pretty clear that this entire fiasco in Afghanistan along with all the measures taken to try to rectify this problem is having some grave implications on the US economy

 

[coolieno99]

SleepyStudent: "...China is poor, technologically backward and slow-growing..."

In the year 2000, U.S. had 179 business enterprises listed in the Fortune Global 500, while China had just 10 listed. 20 years later (2020), U.S. had 121 business enterprises listed in the Fortune Global 500, a decrease of 58, while China had 124 business enterprises listed in 2020 FG 500, an increase of 114. 2020 is the first time U.S. dropped from first place from the FG 500.

And superpower India had 7 business enterprises listed in 2020 FG 500.

 

[sinophilia]

OH well, enough is enough on that nonsense,

I am interested to know how true something like this is in regards to how much time the world has left on the dominance of the US dollar since it is pretty clear that this entire fiasco in Afghanistan along with all the measures taken to try to rectify this problem is having some grave implications on the US economy

It'll only crash when the world stops funding them. I still think they have a few years before that happens. There may be stock market corrections and large slowdown in growth but I wouldn't call that a crash.

Could be a decade or more until they crash to Latin American levels.

 

[Abominable]

Was Sleepy actually a slumdog? His English was fairly decent. I suspected he was a ABC of the Gordon Chang variety.

 

[Equation]

Was Sleepy actually a slumdog? His English was fairly decent. I suspected he was a ABC of the Gordon Chang variety.

Either way he was trash...period.

 

[Tam]

Was Sleepy actually a slumdog? His English was fairly decent. I suspected he was a ABC of the Gordon Chang variety.

Didn't feel like English is his native language.

 

[sinophilia]

Was Sleepy actually a slumdog? His English was fairly decent. I suspected he was a ABC of the Gordon Chang variety.

An Indian living in Texas. Maybe born in the US but either way who cares, honestly its just best to ignore people like that. They are toxic.

 

[Tam]

Going back to the S&P 500 and why its a false argument against any financial manager.

The S&P 500 constantly changes, based on past performance, not future ones. Companies that don't perform gets kicked out. New companies that performed, gets listed in. The list constantly changes. S&P 500 in the year 2000 is not the same list as the S&P 500 in the year 2020. If you have invested in companies in S&P 500 listed in the year 2000 you would have lost severely---only six to seven companies from the list in 2000 is still with us today in 2020. It therefore is not a good predictor of future performance, the companies you invested in 2021 may not be in the S&P 500 list in 2031.

 

[broadsword]

He thinks he is a artful orator using this forum to show off his court craft. Well, in a court there is a judge or jury who will cast their poor decisions on him because of the holes in his arguments. But here, he tries his best using his Indian-esque persona to subdue us.

 

[daifo]

A Jai-Hind would of brought up India supa powa. I think the guy is from r/geopolitics on reddit. There are hundreds if not thousands of long winded China is doomed/will lose every battle type comments every month that sounds "knowledgeable" similar to sleepy's.