Bitcoin Forum
April 21, 2021, 07:37:17 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: China Just Overtook The US As The World's Largest Economy  (Read 3854 times)
crazy-pilot
Sr. Member
****
Offline Offline

Activity: 840
Merit: 253


Student Coin


View Profile WWW
October 08, 2014, 12:14:54 PM
 #1

China is now The World's Largest Economy
http://finance.yahoo.com/news/china-just-overtook-us-worlds-090801574.html
United States is declining faster than I thought.

STUDENTCOIN


















Powered by,
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
tibor
Full Member
***
Offline Offline

Activity: 518
Merit: 101



View Profile WWW
October 08, 2014, 01:48:03 PM
 #2

It is because China has more than 1 billion people compared to America. Eventhough China has biggest economy it still needs big improvement to near American standards of living.

msc_de
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
October 08, 2014, 02:08:49 PM
 #3

NO WAY

CHINA'S COMMUNIST PARTY WILL GO HELL SOON

REVOLUTION ON THE WAY



!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
mmsen
Full Member
***
Offline Offline

Activity: 208
Merit: 100


View Profile
October 08, 2014, 02:15:30 PM
Last edit: October 08, 2014, 02:57:49 PM by mmsen
 #4

It is because China has more than 1 billion people compared to America. Eventhough China has biggest economy it still needs big improvement to near American standards of living.

American living standards are dropping as well so it's only a matter of time before America's per capita income levels are overtaken by China.

(Assuming China can follow Japan's lead and begin heavily investing in her citizens...)
devphp
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
October 08, 2014, 02:29:13 PM
 #5

If you don't account for bubble finance industries in US, China has been the largest economy for a long time.
Balthazar
Legendary
*
Offline Offline

Activity: 3024
Merit: 1327


Worship the Eru


View Profile
October 08, 2014, 03:53:02 PM
 #6

NO WAY

CHINA'S COMMUNIST PARTY WILL GO HELL SOON

REVOLUTION ON THE WAY



!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Typical_demtard.png

Darkness isn't born, you know. It's created.
GangkisKhan
Full Member
***
Offline Offline

Activity: 141
Merit: 100


View Profile
October 08, 2014, 05:13:33 PM
 #7

If you don't account for bubble finance industries in US, China has been the largest economy for a long time.

This should be expected given its large population and size.
samaricanin
Hero Member
*****
Offline Offline

Activity: 697
Merit: 500



View Profile WWW
October 08, 2014, 05:48:31 PM
 #8

China and Russia will be best economy in the world

MichaelBliss
Hero Member
*****
Offline Offline

Activity: 526
Merit: 500



View Profile
October 08, 2014, 05:58:14 PM
 #9

Congratulations to China!
mmsen
Full Member
***
Offline Offline

Activity: 208
Merit: 100


View Profile
October 09, 2014, 06:14:57 AM
Last edit: October 09, 2014, 06:43:16 AM by mmsen
 #10

China and Russia will be best economy in the world

On what grounds do you believe Russia will go on to become one of the  world's biggest economies?
redHeadBlunder
Member
**
Offline Offline

Activity: 81
Merit: 10


View Profile
October 09, 2014, 06:16:50 AM
 #11

China is now The World's Largest Economy
http://finance.yahoo.com/news/china-just-overtook-us-worlds-090801574.html
United States is declining faster than I thought.
This is not a good measure of a country's economy. The size of the economies are adjusted for purchasing power. The best measure - straight GDP - still shows the US being a much larger economy then China
Vod
Legendary
*
Offline Offline

Activity: 3444
Merit: 2929


Licking my boob since 1970


View Profile WWW
October 09, 2014, 06:22:47 AM
 #12

China is now The World's Largest Economy
http://finance.yahoo.com/news/china-just-overtook-us-worlds-090801574.html
United States is declining faster than I thought.

YET

US Defence Spending:  $756.4 billion
China Defence Spending:  $115.7 billion

2014 figures.


vod.fan - coming soon!  Free image hosting and URL shortening
clubcrypto.live coming soon!  Work and play at home - earn crypto and video game NFTs
Leina
Full Member
***
Offline Offline

Activity: 152
Merit: 100


View Profile
October 09, 2014, 06:30:49 AM
 #13

China is now The World's Largest Economy
http://finance.yahoo.com/news/china-just-overtook-us-worlds-090801574.html
United States is declining faster than I thought.

YET

US Defence Spending:  $756.4 billion
China Defence Spending:  $115.7 billion

2014 figures.


Figure alone can be misleading. Need to take effectiveness and efficiency into consideration also.
Vod
Legendary
*
Offline Offline

Activity: 3444
Merit: 2929


Licking my boob since 1970


View Profile WWW
October 09, 2014, 06:35:16 AM
 #14

Figure alone can be misleading. Need to take effectiveness and efficiency into consideration also.

Why?  We are comparing economies, not results.

vod.fan - coming soon!  Free image hosting and URL shortening
clubcrypto.live coming soon!  Work and play at home - earn crypto and video game NFTs
samaricanin
Hero Member
*****
Offline Offline

Activity: 697
Merit: 500



View Profile WWW
October 09, 2014, 08:22:38 AM
 #15

China and Russia will be best economy in the world

On what grounds do you believe Russia will go on to become one of the  world's biggest economies?

Already is one of the largest economies now, sixth world economy and still growing

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

DhaniBoy
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


View Profile
October 09, 2014, 08:51:48 AM
 #16

it is because China is able to mimic the various technologies of other countries but with a cheaper price than the original price of the goods, but for the technology in terms of quality is almost perfect to emulate ... although not as perfect as the original, but it is good enough ..

However in terms of defense and security of china is still very dependent on America, especially in the manufacture of war materials advanced, for it has not been able to match the chinese american as armaments manufacturers the world's largest ...  Cool

█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
▓▓▓▓▓  BIT-X.comvvvvvvvvvvvvvvi
→ CREATE ACCOUNT 
▓▓▓▓▓
█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
BitCoinNutJob
Legendary
*
Offline Offline

Activity: 1316
Merit: 1000


View Profile
October 11, 2014, 12:14:36 AM
 #17

I thought this was going to be happening in like 2030 for sure but that china were basically now the main super power because of growth rate.

side note: bitcoin/crypto currency is the china killer
BCwinning
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


View Profile
October 11, 2014, 12:16:33 AM
 #18

who would ever have thought capitalist communists.

https://www.rixty.com?ref=1337507 sign up for rixty
privacy, it does the body good.
Official Bitcoin Foundation Secretariat
The New World Order thanks you for your support of Bitcoin and encourages your continuing support so that they may track your expenditures easier.
samaricanin
Hero Member
*****
Offline Offline

Activity: 697
Merit: 500



View Profile WWW
October 11, 2014, 05:38:00 AM
 #19

China is industrial power

mmsen
Full Member
***
Offline Offline

Activity: 208
Merit: 100


View Profile
October 11, 2014, 07:31:17 AM
Last edit: October 11, 2014, 01:26:32 PM by mmsen
 #20

who would ever have thought capitalist communists.


No worse than Western nations that constantly preach 'free trade' yet subsidize' exports, bail out banks and other failing industries with tax revenue and impose strict tariffs on imports.
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!