The Briefing Room

General Category => Economy/Business => Topic started by: ABX on April 04, 2019, 07:23:02 pm

Title: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: ABX on April 04, 2019, 07:23:02 pm

Quote

If a new report is to believed, the global economy is about to face a major shakeup. By 2020, China will have unseated the U.S. as the world’s top economic powerhouse. By 2030, the U.S. will also fall behind India, according to MarketWatch......


https://futurism.com/the-byte/china-india-us-economy

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: Weird Tolkienish Figure on April 04, 2019, 07:29:48 pm

Well... they have almost 5 times as many people we do so ...

As does India.

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: Free Vulcan on April 04, 2019, 08:02:13 pm

Quote from: Weird Tolkienish Figure on April 04, 2019, 07:29:48 pm

Well... they have almost 5 times as many people we do so ...

As does India.

Took the words out of my mouth.

This falls into the 'liars figure' category, because we obviously blow them away per capita.

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: Absalom on April 04, 2019, 08:38:58 pm

Brainless manipulation of numbers by some schmuck needy of attention.
China produces crap, CRAP; as anyone who has purchased their junk knows!
When they equal Germany, that'll be news!!!
 

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: dfwgator on April 04, 2019, 09:17:27 pm

 :mauslaff:

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: LMAO on April 06, 2019, 02:40:58 pm

Not too terribly long ago Japan was supposed to surpass our economy

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: IsailedawayfromFR on April 07, 2019, 10:45:50 pm

I don't see how
(http://2oqz471sa19h3vbwa53m33yj.wpengine.netdna-cdn.com/wp-content/uploads/2018/10/world-economy-gdp.jpg)
Watch the growth over time and you decide.  Would take a tremendous dip by US while China and India go bonkers.

https://youtu.be/wykaDgXoajc (https://youtu.be/wykaDgXoajc)

http://www.gopbriefingroom.com/index.php/topic,341195.msg1850898.html#msg1850898 (http://www.gopbriefingroom.com/index.php/topic,341195.msg1850898.html#msg1850898)

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: Cyber Liberty on April 08, 2019, 06:21:38 am

BFD.  Let them enjoy the slings and arrows that come from being Numero Uno.

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: kevindavis007 on April 13, 2019, 12:07:42 am

I thought that Japan was supposed to overtake us.

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: InHeavenThereIsNoBeer on April 13, 2019, 12:11:54 am

Quote from: LMAO on April 06, 2019, 02:40:58 pm

Not too terribly long ago Japan was supposed to surpass our economy

Back in the day when everyone was screaming about Japan taking over one of my econ profs mentioned that their baby boom was about 20 years ahead of ours.  That was not long before their economy went to crap.  It was also a bit over 20 years ago.

Title: Re: CHINA POISED TO OVERTAKE US ECONOMY IN 2020
Post by: jmyrlefuller on April 13, 2019, 10:42:53 pm

Seems like they've been claiming this for over a decade but it hasn't happened yet.

Red China isn't exactly thriving right now.