AssassinsMace
Lieutenant General
Well those elevated train tracks in that picture aren't in San Francisco. That's BART and in SF it's all underground. That's more likely Oakland not San Francisco.
Well those elevated train tracks in that picture aren't in San Francisco. That's BART and in SF it's all underground. That's more likely Oakland not San Francisco.
It's my first time on the forum and it's not my fault you don't understand the difference between Q/Q and Y/Y. In the 2nd quarter of 2022; the US unambigiously grew faster than China on all 3 commonly used metrics: Q/Q, Y/Y and Q/Q SAAR. Comparing China's Y/Y rate with the US' Q/Q SAAR rate is comparing apples and oranges
Let me bust out the actual growth rate percentages. *Hong Kong and Macau excluded from China figures.Welcome back sleepy
2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | |
China | 1.2% | 1.5% | -10.5% | 11.6% | 3.4% | 2.6% | 0.3% | 1.3% | 0.7% | 1.5% | 1.4% | -2.6% |
US | 2.8% | 1.9% | -5.1% | -31.2% | 33.8% | 4.5% | 6.3% | 6.7% | 2.3% | 6.9% | -1.6% | -0.9% |
2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | |
China | 5.9% | 5.8% | -6.8% | 3.2% | 4.9% | 6.5% | 18.3% | 7.9% | 4.9% | 4.0% | 4.8% | 0.4% |
US | 2.3% | 2.6% | 0.6% | -9.1% | -2.9% | -2.3% | 0.5% | 12.2% | 4.9% | 5.5% | 3.5% | 1.6% |
2019 | 2020 | 2021 | |
China | 6% | 2.2% | 8.1% |
US | 2.29% | -3.4% | 5.67% |
That's not San Francisco where Pelosi represents. Why not show pictures of New York homeless as San Francisco? Besides the reason why there are so many homeless in California is because red states buy homeless in their states one-way bus tickets to San Francisco and Los Angeles. The city where I live is rural but a lot of homeless downtown. Why so many when there's not a lot of traffic nor major businesses where the homeless can't forage in dumpsters or panhandle? It's because there's a rich city over five miles away after you pass a reservoir and woods where the homeless do go because they're rich. Their police gather up the homeless in their town and drive them over to the city where I live and drop them off. The only avenue between is a two-lane road with no sidewalk nor public transportation.Median household income in California's 13th Congressional District is $120,697
Median household income in San Francisco County, California is $119,136
Median household income in Alameda County, California (where Oakland is located) is $104,888
As a comparison
China's median household income 29,975 RMB
The US is a highly unequal country with a weak safety net; nevertheless, that does not negate the immense technological value and wealth created all across the United States where *every single US county* has a median household income higher than the median household income in Pudong, Shanghai, P.R. China
GDP differential is a real thing, just not what you use it as.I presumed sleepy was a former poster given how its referenced here
Only two things matter: the GDP differential and the rate at which the GDP differential is changing. China is losing on both counts. Q/Q matters for measuring economic momentum; the Y/Y growth rate measures the differential
So you say we should annualize the quarter over quarter figures for China:China's rates are not annualized so for a correct direct comparison, it would be
3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 2Q21 3Q21 4Q21 1Q22 2Q22 China 5% 6% -36% 55% 14% 11% 0% 5% 3% 6% -10%
2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | |
China | 4.88% | 6.13% | -35.83% | 55.11% | 14.30% | 10.81% | 1.20% | 5.30% | 2.83% | 6.13% | 5.72% | -10.00% |
Dam.. that was actually very fast! Goodbye and see you again in your new iteration in a few monthsBet: 2 days max until this new SleepyStudent account is banned