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Posted on 4/5/25 at 9:41 am to BCreed1
quote:
The fact that we had a 100 year head start on them makes your argument ignorant.
We are still very, very far ahead of them.
They're much closer to Mexico than they are the US. Do you have the same fears about Mexico overtaking the US?
Posted on 4/5/25 at 9:41 am to RogerTheShrubber
quote:
quote:
High income
Which country has the most advanced, wealthiest economy, USA or China.
One has nothing to do with the other moron.
quote:
quote:
When you make an effort to know what you are talking about,
Youre not mentally intelligent enough to understand the questions.
Good lord you are dense.
ONE
HAS
NOTHING
TO
DO
WITH
THE
OTHER!!!!
Posted on 4/5/25 at 9:42 am to BCreed1
Which
You have no clue do you Junior.
Its the USA.
How is China, with a disposable income thats a fraction of ours, kicking your arse, little guy?
We are the top dog, you people have been lied to so much that you've accepted an alternative reality.
quote:
country has the most advanced, wealthiest economy, USA or China.
Irrelevant.
You have no clue do you Junior.
Its the USA.
How is China, with a disposable income thats a fraction of ours, kicking your arse, little guy?
We are the top dog, you people have been lied to so much that you've accepted an alternative reality.
Posted on 4/5/25 at 9:42 am to BCreed1
quote:
Which country has the most advanced, wealthiest economy, USA or China.
One has nothing to do with the other moron.
Folks, this is MAGA economics for you.
Posted on 4/5/25 at 9:47 am to RogerTheShrubber
Roger, you’re so unlikeable that it’s almost inherent that you’re not right. About anything. Ever.
I’m kidding. But if I weren’t, I’d probably say something like that. I think we’re good though.
I’m kidding. But if I weren’t, I’d probably say something like that. I think we’re good though.
This post was edited on 4/5/25 at 9:48 am
Posted on 4/5/25 at 9:48 am to RogerTheShrubber
They live in a fantasy land.
The US dollar has strengthened against major currencies for over a decade. Travel anywhere in the developed world and you will realize how far your purchasing power goes.
The US dollar has strengthened against major currencies for over a decade. Travel anywhere in the developed world and you will realize how far your purchasing power goes.
Posted on 4/5/25 at 9:49 am to davyjones
quote:
Roger, you’re so unlikeable
You dont know me slick.
Dont blame me for your substandard economic education, son
Posted on 4/5/25 at 9:49 am to mmmmmbeeer
quote:
You’re about as far from a liberal as possible, but you do recognize a shite show when you see one. How are you still on this board? These folks aren’t in your league.
In all honesty, these people are closer to Bernie than they are anyone on the right.
AOC will be their next economic champion
Posted on 4/5/25 at 9:50 am to trader_tiger83
quote:
The US dollar has strengthened against major currencies for over a decade.
And our GDP growth has outpaced all economies that can be compared to our economy. The only one close is a top 3 (along with us) partner with....
Posted on 4/5/25 at 9:50 am to trader_tiger83
quote:
The US dollar has strengthened against major currencies for over a decade. Travel anywhere in the developed world and you will realize how far your purchasing power goes.
Posted on 4/5/25 at 9:51 am to SlowFlowPro
Do you actually try to change subjects or do you think we are talking about the same things? Which is it? Your chart has no meaning to the 74% vs 28%.
May want to look that up with the world bank.
Your chart has nothing to do with the subject matter we, you, Roger, and myself, are talking about. Not one damn thing.
They grew faster than we did using them. Yet you want to say that the USA would not have. LMAO!!!!!!!!!!!!!!
Not it's not. "Why would you want to be poor like China" was the exact argument used by you guys.
Wait, you just said that I was lying. And then say that again.
quote:
quote:
We benefited LESS
Go look at the chart. Not really. We separated into our own separate tier of world economies and out-pace all the other developed/major economies bigly except Australia. Do you want to know what the common factor is between the US and AUS in this discussion?
May want to look that up with the world bank.
quote:
My chart is literal data, the opposite of "ignorance"
Your chart has nothing to do with the subject matter we, you, Roger, and myself, are talking about. Not one damn thing.
quote:
Strawman. I never said it's not "possible"
They grew faster than we did using them. Yet you want to say that the USA would not have. LMAO!!!!!!!!!!!!!!
quote:
ou and Roger claim that tariffs placed by the USA would make us POOR because.. "because I SAY SO DAMN IT!".
No. A lie.
Not it's not. "Why would you want to be poor like China" was the exact argument used by you guys.
quote:
They would make us poor by redistributing our money from more productive areas to less productive areas (often areas that aren't economically viable without subsidy, creating major economic inefficiencies).
Wait, you just said that I was lying. And then say that again.
Posted on 4/5/25 at 9:54 am to RogerTheShrubber
quote:
You said upper middle class.
I did.
quote:
Youre an idiot and cant keep your own argument straight.
I have. China is a upper middle class nation per World Bank. We are a High Income nation per the World Bank. You then followed that up with a what if based on a classification that you created. One that does not exist.
Posted on 4/5/25 at 9:57 am to BCreed1
quote:
I did.
Then what are we?
quote:
The per capita income of the United States is 6.68 and 3.29 times higher than that of China in nominal and PPP terms, respectively15.
On average, the United States has $54,854 of gross disposable income, while China has $16,15323.
Posted on 4/5/25 at 9:57 am to BCreed1
quote:
Your chart has no meaning to the 74% vs 28%.
Here is the thread being referenced
quote:
I'll post the first response
Do you realize how impressive this is for the US?
Hint: when you start from a big number, % growth is much more difficult.
Hint: we started at #1 10 years ago
My chart shows the rankings of similar economies. It says a great deal about how the 28% growth is more impressive than the 74% growth.
quote:
May want to look that up with the world bank.
Look at my chart, for the reference.
Nobody competes with the US in terms of the mesh of volume and per capita output. Nobody is close. We are in our own tier of economic dominance.
quote:
Your chart has nothing to do with the subject matter we, you, Roger, and myself, are talking about.
It is the picture in OP with a little more data for context
How is a table of the data in OP not relevant to the subject matter being discussed from the chart in OP?
Did you not realize that its the data from that chart?
quote:
They grew faster than we did using them
quote:
Hint: when you start from a big number, % growth is much more difficult.
Hint: we started at #1 10 years ago
This is true even with inefficiencies present.
quote:
Not it's not. "Why would you want to be poor like China" was the exact argument used by you guys.
The lie is that the argument (by me) is based on "because I say so"
My argument has data and logic behind it.
quote:
Wait, you just said that I was lying. And then say that again.
Is English your 2nd language or something?
I just gave the argument with data and logic and not your lie that it's "I say so".
This isn't complicated. How can you get so confused?
Posted on 4/5/25 at 9:59 am to BigPerm30
quote:
China GDP rose 78% in 10 years and we grew 28%. Your take away is things are going fine?
You have a dollar, you earn 50 more cents. Whats your rate of increase?
John Doe next to you has $100 dollars, he earns 50 cents more. Who is better off?
Posted on 4/5/25 at 10:03 am to SlowFlowPro
quote:
We are still very, very far ahead of them.
1790s and the early 1900s. That's our industrial revolution.
First Industrial Revolution (1988-1998), Second Industrial Revolution (1998-Present) is China's.
That's a 218 year head start. So yeah we are further along than they are. We should be. CITI says that China will over take the USA:
Rapid Overtaking. In this scenario, the key factors align to support China’s rapid surpassing of US GDP. China’s real GDP growth is assumed to average 5% a year with 3% inflation of the GDP deflator, both higher than IMF projections. In tandem, US nominal GDP growth falls short of IMF projections, expanding at just 3% annually. In addition, the renminbi appreciates 2% a year, until it reaches 6/$ (in 2028).
Middle Case. Nominal GDP growth in the two countries about matches IMF forecasts, with the Chinese economy seeing nominal GDP expansion of 7% and the US economy expanding 4%. The bilateral exchange rate shows volatility from year to year but cycles around 7 per dollar, its current level.
Slow Case. This scenario is essentially the mirror image of rapid overtaking. Chinese nominal GDP grows at 6% and US nominal GDP grows at 4%. In addition, as the Chinese economy struggles with high debt levels and a disrupted real estate sector, the renminbi depreciates by 2% a year until it reaches 8 versus the dollar in 2031.
In 1990s, China's GDP was 10% of ours. It's now 75%
And they are doing it with TARIFFS
Posted on 4/5/25 at 10:04 am to BCreed1
quote:
1790s and the early 1900s. That's our industrial revolution.
Most of us evolved, you didnt and want to hold back those who were smarter and worked harder than you.
Posted on 4/5/25 at 10:04 am to RogerTheShrubber
quote:
You have no clue do you Junior.
You are so lost. You don't even know the subject matter.
Posted on 4/5/25 at 10:04 am to RogerTheShrubber
quote:
quote:
Which country has the most advanced, wealthiest economy, USA or China.
One has nothing to do with the other moron.
Folks, this is MAGA economics for you.
Dumb arse.
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