MIGleader said:there are many ways to measure wealth. china is second if you count pure gdp, but there are aton of other economic consequences. contraray to popular belief, even thoug chinese make alot less than most americans, they have more buying power because everything is freaking cheap. in a war, china will easily outproduce america. it has a huge trained labor force. amerca's labor force is black people an mexicans. economics have more to do with war than military.
skyhawk2005 said:You are an idiot. As usual, you reply in ignorance and generalizations.
You are an embarrassment to your race.
skyhawk2005 said:Actually, China's true economy should be measured in PPP, not in real dollars.
China's economy measured in PPP would place it 2nd at 7 trillion dollars.
If an item costs 7 tiimes less in China than in the USA, then China's relative economy is 7 timies higher than in real terms.
there is no way China can continue growing at 9%. Just look at all the social problems in China and stuff like that. With the forced currency re-evaluation, the trade surplus won't be as huge. The 9% growth rate is just too hard to maintain.chopsticks said:yes that is true, since China produces almost all her consumer products.
about the point of Us Gdp worth "11 trillion", just think, 2b for 1 b2 bomber?!, 1b a week for iraq war?!, and more disgustingly overpriced projects and money wasted by pentagon underground. Just think, a normal meal that will fill you up (hotdogs dont count) in Usa on the average street might cost maybe $2.50Usd???(i'm not sure just estimating). In China (i've been there twice), it would cost ~ $0.75Usd in Shanghai, $0.30 in other cities, and ~ $0.15 in the more western areas of China, so there u have it, the importance of measurement in PPP.
if America were to totally eliminate her debt, FIRST she would have to turn the 400B+ (not sure the amt now, its rising every year?!) deficit into a SURPLUS. Then, assuming the Gdp is still ~ 11 trillion, she would have to save ~ 10% of her Gdp every year, which would amount to about 1 trillion, for 7 (SEVEN) years. do you know how much belt tightening is that? that is a whopping 1.4+ trillion turn around. and that is gonna cost - the military especially. (since military products generate minimal economic returns)
the worst part is - the Us economy would still probably crash anyway because of such sudden action.
point is, Us CANNOT win China in an arms race in the long term. While China economy is growing at 9% (some say 11%?!), Us economy is growing much much much slower, and with increasing debt (ie "credit card" growth).
China is moving and growing SO FAST that every MONTH (not year!!!) its construction output equals to building a city the size of HOUSTON!!!!!!
-and that too my friends, is at an increasing pace.
chopsticks said:yes that is true, since China produces almost all her consumer products.
about the point of Us Gdp worth "11 trillion", just think, 2b for 1 b2 bomber?!, 1b a week for iraq war?!, and more disgustingly overpriced projects and money wasted by pentagon underground. Just think, a normal meal that will fill you up (hotdogs dont count) in Usa on the average street might cost maybe $2.50Usd???(i'm not sure just estimating). In China (i've been there twice), it would cost ~ $0.75Usd in Shanghai, $0.30 in other cities, and ~ $0.15 in the more western areas of China, so there u have it, the importance of measurement in PPP.
if America were to totally eliminate her debt, FIRST she would have to turn the 400B+ (not sure the amt now, its rising every year?!) deficit into a SURPLUS. Then, assuming the Gdp is still ~ 11 trillion, she would have to save ~ 10% of her Gdp every year, which would amount to about 1 trillion, for 7 (SEVEN) years. do you know how much belt tightening is that? that is a whopping 1.4+ trillion turn around. and that is gonna cost - the military especially. (since military products generate minimal economic returns)
the worst part is - the Us economy would still probably crash anyway because of such sudden action.
point is, Us CANNOT win China in an arms race in the long term. While China economy is growing at 9% (some say 11%?!), Us economy is growing much much much slower, and with increasing debt (ie "credit card" growth).
China is moving and growing SO FAST that every MONTH (not year!!!) its construction output equals to building a city the size of HOUSTON!!!!!!
-and that too my friends, is at an increasing pace.
Having a technical superior weapon doesn't always translate into victory. This is proven in the Vietnam War. This admission was later reaffirmed by Robert McNamara, former Secretary of Defense during the Vietnam War.IDonT said:There is nothing classified about what he is saying. USAF has made it public that the F-22 can mop the floor of up to a dozen F-15C.