USA is now number 2

[l.Maximiliaan]

No surprise, their economy is very good
And the product is everywhere

USA, what's gonna happen to you now ?

its been only 7.4% this year. Its so much less than last year.

[Bralex]

From the number 1 spot there is only one way to go...down.

I wonder if India will take the top spot next?

I read recently that India is basically going for broke i mean they are going to end up #2 by the looks of it they are booming so who knows.

That's what happens when you get greedy as businesses and send your business it over to these country's you will drain your own country for a quick profit they was warned that this would happen as well but as usual they do not listen 

[dothebeats]

From the number 1 spot there is only one way to go...down.

I wonder if India will take the top spot next?

Probably, the last time I heard, India is also dominating in the economic scene. If China continues this rapid economical growth, we may then be seeing it in the top spot in the years to come.

[TYPEcoin]

This is not true

It is bro,so you are from USA?
I just ask because you lock like, hell NO.
Lock at China economy and than lock at USA.

[RodeoX]

I think we all recognize that this is China's century. America is now basically... France. 

[Somekindabitcoin]

Well, if we would have been able to mass produce things at a cheap price using cheaper materials, we would have been the same. But we can't do that because we already owe China trillions.

[oblivi]

Well, if we would have been able to mass produce things at a cheap price using cheaper materials, we would have been the same. But we can't do that because we already owe China trillions.

I would rather be known for manufacturing quality stuff like Germany, than be the #1 wealthiest nation when the nation is a shithole producer of shit tier products of the lowest quality imaginable.

[KimNam]

sad fact for USA but this is true.
i recently visited china industrial city and saw a lot factory there. their economy is really increased for last several years.
they acquired cheap materials, have a lot cheap workers and produce a lot stuff / product.
and sell it abroad with cheap prices! (because their gov weaken their national currency!)
many 3rd world countries in Asia and Africa will love it, as they not too concerned about the quality, it's all about price
Good quality product from europe / japan / US (with more expensive price compare to chinese one) will unable to compete.
that's how china become giant industrial country

Well, if we would have been able to mass produce things at a cheap price using cheaper materials, we would have been the same. But we can't do that because we already owe China trillions.

I would rather be known for manufacturing quality stuff like Germany, than be the #1 wealthiest nation when the nation is a shithole producer of shit tier products of the lowest quality imaginable.

[Lauda]

It’s not really true that no one noticed: people have been announcing that it’s about to happen for months. Further, people have been predicting it would happen for at least a decade.

I actually even posted about this somewhere recently without even finding out that it already happened.

This is just in 20 years. One shouldn't be surprised, especially when you look at this:


The US will fall.

[Gronthaing]

Well, if we would have been able to mass produce things at a cheap price using cheaper materials, we would have been the same. But we can't do that because we already owe China trillions.

I would rather be known for manufacturing quality stuff like Germany, than be the #1 wealthiest nation when the nation is a shithole producer of shit tier products of the lowest quality imaginable.

Got to start somewhere. America also started with low quality products compared to England. Despite the advice of economists of that age. With time and protectionism the quality improved. China is not much different. And they are not known to have quality products but they are in a better position to reinvest their profits. In time they will get there. And as others said the cheap products are better for some that don't need high quality.

[funtotry]

Well, if we would have been able to mass produce things at a cheap price using cheaper materials, we would have been the same. But we can't do that because we already owe China trillions.

I would rather be known for manufacturing quality stuff like Germany, than be the #1 wealthiest nation when the nation is a shithole producer of shit tier products of the lowest quality imaginable.

Who cares if you are known. You don't gain anything more than a bit of jealousy or that 1 person say oh your coat is made in the US must be good quality. I'd rather have a more stable and wealthy nation than have quality products...

[maku]

Well, if we would have been able to mass produce things at a cheap price using cheaper materials, we would have been the same. But we can't do that because we already owe China trillions.

I would rather be known for manufacturing quality stuff like Germany, than be the #1 wealthiest nation when the nation is a shithole producer of shit tier products of the lowest quality imaginable.

Who cares if you are known. You don't gain anything more than a bit of jealousy or that 1 person say oh your coat is made in the US must be good quality. I'd rather have a more stable and wealthy nation than have quality products...

I want to end this discussion about low quality chinese products. Because from the economic point of view and on the bigger picture it simply does not matter. They only thing that is important is your your country economy. After couple of years when Chinese nation will claim their supremacy nobody would even remember that they use to produce cheap imitations of products at first.

[picolo]

This is not true

This is very true.  China has been doing nothing but growing while the U.S had a major reccession adn is falling.  China has been growing in to a secondary economy and virtually all of our products come from china.  Major U.S companies have been relocating out of the country for cheaper taxes.  A lot more money has been flowing in for china while U.S has been on the decline or just flattening out.

Also, would you rather live in the US or China. China is overcrowded and polluted AF. USA is simply better to live regardless of the economy (for now at least). However it looks like china is really starting to grow and I think they will eventually outgrow the US, but their population is starting to burst and just become too much soon.

Right now but it will change. USA is holding up because of its talents, wealth, the Dollar being the international currency and debt.