American Economics Thread
- Thread starter Bernard
- Start date
I see nothing but wishful thinking from the US on all of this. I guarantee (there's that word) that in 5-10 years, the US will be more dependent on China than it is now.
Lol I swear they've been saying this stuff since as early as 2010. And in the last ten years since then, year on year, China has recorded record industrial production, FDI, exports, and is by every statistical measure not only getting increasingly integrated in the global supply chain, but also moving up that supply chain at a terrifying speed.
By all means, keep going, you schmucks are like reverse voodoo dolls at this point. In another ten years when China accounts for half of worldwide manufacturing you'll still be spouting this trite
280 billion? They wont be even able to build a good toilet given inflation rate.
Who are gonna do that research? The p-rnhub stars?
BS. Only reason US knows anything about semiconductor is because italian guy donating them the 4004. Same story like those of meteor,cadence, or Lam research. Europeans aren't there to help them this time around.
There was never a game. It was just a occasional blowout of good luck. Now the new addition to list of street sh**ing nation can use their toilet papers to wipe their azz. Stop fooling people. This ain't 1950 where you are gonna wow us by shooting others with laser fired from your b--bs.
By nominal GDP, which is an inaccurate measure, since any proper evaluation of the RMB would put China (far) ahead of the US in economic output at this point.
And even then, China may close the nominal GDP gap despite depreciation of the RMB... US will likely shrink this year, China will still grow but at a slower pace.
Globalist were also so damn sure that conflict between US - China will never happen because of economic interdependence. Article after article about the McDonald's Gold Arches Theory since early 2010. They are all quiet now. Let's see what happens in 5, 10 years (now that's the word).Lol I swear they've been saying this stuff since as early as 2010. And in the last ten years since then, year on year, China has recorded record industrial production, FDI, exports, and is by every statistical measure not only getting increasingly integrated in the global supply chain, but also moving up that supply chain at a terrifying speed.
By all means, keep going, you schmucks are like reverse voodoo dolls at this point. In another ten years when China accounts for half of worldwide manufacturing you'll still be spouting this trite
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Because you compare different things. Annualised growth compared to yoy.
That's how look if you compare the same growth rates.
China +4.8% +0.4%
USA +3.5% +1.6%
No recession in both, however Chinese growth is from higher base thanks to the growth in covid years.
USA is clown country, they take all different measured, like gdp annualised instead like the rest of the world yoy, or miles instead of km.
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I agree, nominal calculations are inaccurate because the USD is way overvalued
But most americans are stupid. Only when China overtakes the US in nominal GDP will they finally realise China can't be stopped and perhaps give up on their mutually destructive containment policies.
Yes, and in 5, 10 years when your prediction doesn't come true, you'll regurgitate that trite again and ask for another 5, 10 years. It seems the great decoupling is perpetually 5, 10 years in the future.