States already tried to leave US in the past.With the way things backfire on Trump, this might end up with some liberal states using his own words to trap him and going to join Canada LOL
US isn't held together by words.
States already tried to leave US in the past.With the way things backfire on Trump, this might end up with some liberal states using his own words to trap him and going to join Canada LOL
Deflation because the cost of goods are dropping, a lot of it is from increase in productivity. Just brought a water heater after 10 years, it is only about 50% of the price back 10 years. Cars, electronics, and a lot of fruits, nuts, hairy crabs, different fishes, prices are also lower, because increase in productivity.China is in deflation mode. Estate crisis shrinks the domestic residents' expenditure confidence. Everyone is saving money rather than spending. This turns into a vicious cycle, everyone spends less, adding with the AI+automation, jobs and earnings become less, which makes everyone spend further less.
The government has come up with lots of policys, but all were not that effective as expected. Meanwhile, the gap between rich & poor remains large. Everyone is pessimistic about the economy future.
The country's tech is leading the world and fast advancing, but majority of 1.4 billion is not working in the tech sector, they are the ones to be replaced by AI & robots. They're left behind by the great era. They can only depend on the normal service sector. But if the domestic consumer spending can't go up, the service sector cannot absorb the largest amount of working-age population, China is doomed. Countless problems will come along as unemployment ratio keeps going up.
Well, more than words might wanna leave at this point... and at worsening points than this. I know, very very remote, but if Trump can just get that amendment to be president for life, there's gonna be hope.States already tried to leave US in the past.
US isn't held together by words.
Talking about GDP with out looking at how GDP is calculated is stupid.You are using PPP right? Even by that metric, it is 41 trillion for China and 30 trillion for US, so around 1.35.
Nominal GDP however is the agreed upon usual metric for cross-comparison of country GDPs. Why? Because that is what is tradeable and exchangeable. Not to mention, nominal GDP has a bigger bearing on tradeable sector, tradeable goods, investment and cash flows, currency etc.
PPP GDP is a purely hypothetical figure, which is not even correctly calculated. I actually believe China's PPP GDP is significantly higher than calculated.
For the economy, the right metric for comparison is nominal GDP. If China let's the RMB rise, I would be the biggest fan, and would be singing praises. Obviously, the next step would be to equal US in per capita, but overtaking US nominal GDP would be praiseworthy feat in and of itself.
I have a problem with it, but I'm not paranoid enough to think that a trend will stretch irreversibly for generations.
What? It's heavily correlated. That's like saying muscles have nothing to do with strength.
What's the point? It's not going to become a superpower that way no matter how much it has because G2 phase when you have to fight is a real bitch.
Imagine... LOL child. Yeah yeah, imagine a China will 100X that. Then imagine one with 1000 times that.
Who said this? Where is the math?
Who said this? Where is the math?
No; it's not doing so because you imagine it can but you are a person known to speak about things you do not understand. China is fighting a trade and tech war with the entire West.
No, they are the same matter. It is the water that fish swim through and the size of the fish. Never compare the speed of small fish in a still pond or swimming downstream against the speed of a shark or whale fighting the current.
You ask stupid questions, you answer them.
It matters to trade. It doesn't matter to the domestic economy for things like technological growth and military development. Why don't you continue your last conversation where you lost? Why start it again?
Oh, I did the same with Georgia Tech and everyone said they'll return home to serve the country. All the foreigners said they'll work for China too cus the US has spiraled into insanity. All the white kids said they'll send whatever tech they get to China to help end America's last tantrum. We all have our little stories, don't we?
And everyone disagreed with you, proved that you don't even know what lithography was while debating tech, and you lost and ran away. Nobody cares if you disagree again. We'll put you in your place again.
Fake paper money reliant on civilities, nothing compared to actual material dominance that China has.
That is taking such a beating from China it looks like Nazi Germany right now
Nobody cares about nominal. It's all in the PPP. China decides when it wants to overtake the US in nominal by revaluing its currency. It can be tomorrow or never. Our call.
LOLOL No one here said you're healthy. There is no such thing as healthy paranoia. Paranoia is a mental sickness thinking things will happen without reason or evidence. "Healthy paranoia" is called being analytical. And you can't be analytical when you never understand the topics you're talking about.
Because you want to imagine that an apple in the US is worth 8 apples in India?
No other country has ever gone through the stage China is currently going through. You must understand that submissively rising under the will of the dominant power is entirely different from violently confronting the current dominant power.Look up any country that became developed from developing in terms of nominal GDP, you will find the trend. Just by your refuting it doesn't make the logic disappear.
LMFAO, you said paranoia is good; I didn't. Now you don't want it anymore. LOLIt's not even paranoia
Yeah it is paranoid to have just about the largest population in the world and to face a problem that would only be generations away if the current trend could not be reversed. With the China changing every year for the better, I'm not worried; I would support thinking about it to see what can be done but I'm not alarmist. And the fact that no other country is fixing it means that we're in good company; it's not a unique problem but we have a much larger buffer.to be alarmed by the situation since no other country has fixed its demographic problem. And the urgency required to reverse it is clearly not visible.
We got it and we got it for the forseeable future.You need mass as well, doesn't matter how developed you are, you need scale and development.
OK then, it is not comparable between a country that wishes to fight for the world throne and a country that just wants to get along. Their challenges are very different.A country's sole purpose is not just to become a superpower, that is something only applicable to large countries in the first place. For most countries it is also to serve their citizens as best as possible.
Who said I can't? I can imagine a billion times; can you? Why stop at 4, mental capacity reached? LOLWhy can't you even imagine a China will 4 times the nominal GDP of US?
The trend is that countries grow slower entering the developed phase. That's China, but we have extra, don't we? We fight monsters instead of begging them for things.Look up any country that became developed from developing in terms of nominal GDP, you will find the trend.
Refuting with correct logic absolutely makes the oversimplified logic break. That's how debate works.Just by your refuting it doesn't make the logic disappear.
That's not a problem.If it is, then all the more reason to launch a stimulus aimed at tech and getting the economy and domestic demand in better shape.
It could be better, so could a lot of things, for every country. Doesn't mean it's worth a shit to make up numbers and saying you wish it were there.The domestic demand issue is so severe, that even the president himself is on record criticising the lack of demand.
Because the US is a smaller fish and it's growing slower. Nominal rates are bullshit that anybody can manipulate. PPP is absolute. You have these stupid questions because it is your nature to twist things to look like America is doing better.But then how is it that an even larger fish (US) is growing faster? US has higher growth rates (nominal) despite growing from much larger base.
Higher growth rate is great, but there is no need for it, because need means you will not survive without it. We are on track to surpass the US as is; higher growth rate makes it faster. Faster is great, but need is too harsh a word.You have been excusing the need for a higher rate of growth. You should answer it.
18%, much less than the domestic economyTrade is a significant chunk,
Salaries are calibrated to cost of living in the areaand nominal GDP does matter to even tech growth because a higher nominal salary helps attract and retain talent, especially high tech talent which is globally mobile like a tradeable commodity.
Then they should use PPPNominal GDP also matters to companies whose revenue and investment is in nominal figures.
Don't push your responsibilites on programs. If you have something to say, say it, and we'll stomp it. I'm not fighting AI; I'm beating you.Please use any AI including chinese ones to understand why deflation coupled with low nominal growth is so harmful. It is an economist consensus.
You are clearly making your entire argument about economics up, just like you did about tech, because you have very little knowledge but a very big mouth.You are clearly making that up.
LMFAO, "later," cus you need to do some excel manipulating, including and excluding to make it look like what you want. It takes me 2 minutes when I don't manipulate anything.I will post data later that actually tells how many Chinese PhDs stay in US, and the trend.
You're so funny, bragging about getting the name of a company right when you don't understand what the technology is.Nope, you are even misrepresenting what I did get right, which was the name of the lithography company in Japan.
No, your common mistakes are everywhere. Measuring the economy by nominal instead of PPP is a high school level mistake.Not what lithography itself is or the like. That you are stuck to one incident of me remembering the name wrong shows how hollow this effort is, to seize my mistakes.
Market is all about buying and manipulating who can buy even if your tech is inferior. But in the end, superior tech always wins everything.How is having dominant market share of these products related to fake paper money?
Dude, that's what the US managed at the end of WWII when it was at its strongest and China at our weakest. You ask for humility but you cannot show any, and you certain don't keep up with the changing times and power dynamic.Dude, US is literally positioned on China's doorsteps. Please have some humility and don't talk nonsense. US has, literally prevented, China's reunification.
Meaning just you?A lot of people care about nominal.
Or the rest of us. Or my econ professors. Or the books that tell us how to measure the domestic economy.You might not be the one, that's ookay.
So stop asking for it! You're the only dipshit asking for it!Most countries have no control over their currencies, China does have some control, however, appreciation to that extent where tomorrow it becomes a larger economy than US will have huge negative effects, so won't be countenanced.
Oh shit, if Andy Grove said it, it must be true, huh? So if anybody is alive and not paranoid, what does that make Mr. Grove?Let me quote Andy Grove from Intel, "Only the paranoid survive."
And that is how stupid you are. An apple is eaten for enjoyment and nutrition so people can work, braindead market slave.An apple is a tradeable commodity. Even if it were grown in India, US would pay only marginally higher for it to import and transport it. The high costs in a grocery store include the rent, grocer margins, labor cost in the US which would make it more expensive.
You're not gonna reply anymore because you're always wrong, run away, then say the same stupid defeated shit over and over again. See you next time; I'll be here with my roach-stompin' boots again.-------------------------------------------
I am not going to reply any more.
I figured you weren't smart enough to learn a long time ago. I'm here so other people can watch watch this beatdown I'm giving you.It's clear we both have different thoughts, and are unable to influence each other.
Wow, imagine getting cancelled so hard by Western media outlets for daring to criticize Israel that you come full circle to realize how hypocritical the West is....