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Northwest · M
The world's largest economies today are:
1. USA
2. China
In order for India to become #3 in 5 years, will mean for a significant portion of the higher earning diaspora to repatriate.
This is not going to happen in 5 years. Tech industry layoffs/re-alignment work counter India's GDP growing faster than Germany's.
1. USA
2. China
In order for India to become #3 in 5 years, will mean for a significant portion of the higher earning diaspora to repatriate.
This is not going to happen in 5 years. Tech industry layoffs/re-alignment work counter India's GDP growing faster than Germany's.
swirlie · 31-35
@Northwest
..actually, you're categorically wrong as usual.
The USA makes up 27% of the global economy and China makes up 45% of the global economy. Therefore, the USA is not the world's largest economy, China is.
Oh yes and one more thing, China owns more US dollars than any other country in the world including the USA, which means that China controls the value of the US dollar, not the USA.
Because the US has transferred all of it's manufacturing base to China, the USA is now wholly dependent on China to keep America supplied with fairly basic stuff which is actually quite embarrassing, considering the USA use to supply China with what China needed!
Considering that Canada supplies the US with 70% of America's crude oil and Argentina supplies the US with 20% of America's crude oil requirements, this pretty much leaves the USA as a very vulnerable, very needy, nation of consumers who don't actually contribute anything to the world nor to itself, but who purchase almost everything it needs from every other nation in the world who actually make the stuff America needs just to survive.
The US reminds me of a gluttonous fat guy sitting on the sofa watching TV with his feet up on the coffee table, waiting for someone to come along and feed him before his big fat asss dies of self-induced starvation.
..actually, you're categorically wrong as usual.
The USA makes up 27% of the global economy and China makes up 45% of the global economy. Therefore, the USA is not the world's largest economy, China is.
Oh yes and one more thing, China owns more US dollars than any other country in the world including the USA, which means that China controls the value of the US dollar, not the USA.
Because the US has transferred all of it's manufacturing base to China, the USA is now wholly dependent on China to keep America supplied with fairly basic stuff which is actually quite embarrassing, considering the USA use to supply China with what China needed!
Considering that Canada supplies the US with 70% of America's crude oil and Argentina supplies the US with 20% of America's crude oil requirements, this pretty much leaves the USA as a very vulnerable, very needy, nation of consumers who don't actually contribute anything to the world nor to itself, but who purchase almost everything it needs from every other nation in the world who actually make the stuff America needs just to survive.
The US reminds me of a gluttonous fat guy sitting on the sofa watching TV with his feet up on the coffee table, waiting for someone to come along and feed him before his big fat asss dies of self-induced starvation.
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sree251 · 41-45, M
@Northwest
swirlie is closer to the truth than you are.
It's the reality of propaganda. The GDP of the US is mainly composed of services (tax lawyering and accounting, entertainment i.e. rap music and blockbuster movies; while that of China is manufacturing of goods. And US GDP is driven (i.e. financed) by debt. If the music were to stop, there is not a single chair for Americans to sit on. Do you get it, sweetheart?
You're butt hurt. It's OK, try again. Kidding, getting tired of showing you wrong. You may have something to say, but no one will ever know, because most would rather commit ritual suicide than read your tomes.
swirlie is closer to the truth than you are.
In any case, here's reality:
It's the reality of propaganda. The GDP of the US is mainly composed of services (tax lawyering and accounting, entertainment i.e. rap music and blockbuster movies; while that of China is manufacturing of goods. And US GDP is driven (i.e. financed) by debt. If the music were to stop, there is not a single chair for Americans to sit on. Do you get it, sweetheart?
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