USA is now number 2

[picolo]

Their is no surprise to this fact and the reason behind this is their economy.

US's economy is having troubles going up because it has two huge burdens : subsidies that destroy markets and a Big Government.

What subsidies are you referring to?
Most countries have social security programs as well as support for strategic industries.

The massive government subsidies like Medicaid or food stamp that keep people into poverty.

Most of the civilized world has free medicine, and you're bitching about Medicaid "keeping people in poverty"?
Which God-forsaken armpit of the world are you from?

There is not one country in the world that has free medecine.

Some countries choose to take away money from taxes then give back a portion by subsidizing health costs which drives up health costs and is an overall loss for the people since less is given back than what is taken.

The other subsidies in the US are keeping people in poverty. The black communities are the primary recipient of the subsidies and they have the most troubles to get out of poverty.

[NotLambchop]

^wrong on pretty much everything.  Universal health care by country:



If you feel that subsidised healthcare is keeping blacks poor, good troll, brah.  If serious, seek medical help.

[malaimult]

Their is no surprise to this fact and the reason behind this is their economy.

US's economy is having troubles going up because it has two huge burdens : subsidies that destroy markets and a Big Government.

What subsidies are you referring to?
Most countries have social security programs as well as support for strategic industries.

The massive government subsidies like Medicaid or food stamp that keep people into poverty.

Most of the civilized world has free medicine, and you're bitching about Medicaid "keeping people in poverty"?
Which God-forsaken armpit of the world are you from?

There is no such thing as 'free medicine' or 'free healthcare' as the costs of both of these are paid for by the consumers/tax payers, but when it is "free" it is just socialized. In these mostly European countries the tax burden is very high and the ability to compete globally is difficult as labor laws are very union oriented

[picolo]

^wrong on pretty much everything.  Universal health care by country:



If you feel that subsidised healthcare is keeping blacks poor, good troll, brah.  If serious, seek medical help.

I said that pouring money on black communities have kept them poor because it entices young black women to have kids. The war on drugs is an other reason they have stayed poor.

You never have free healthcare because if the state is subsidizing it, the tax payers is paying it but increase demand and bad administration will jack up the prices so it will be a loss overall for the tax payer.

Poor pay taxes too. If you want to help them, lower the taxes.

[NotLambchop]

...
I said that pouring money on black communities have kept them poor because it entices young black women to have kids...

So you say subsidized health care (Medicaid, what we're talking about) makes them negro bitches breed?  Always thought it was that wild boogie-woogie and degenerate jazz they listened to, and their filthy subhuman lust.

But you say it ain't so?

[Razick]

US is number 2 by GDP and GDP alone. By all other economic measures we are far better off than China. China has a much larger population with living standards much lower than here in the US.

[superSTAR777]

man china is the best when comes to BTC

[NotLambchop]

man china is the best when comes to BTC

No.

[tropical0101]

and who is third? 

[elephantas1]

China has to be first because it sells everything we have

[Honeypot]

US is number 2 by GDP and GDP alone. By all other economic measures we are far better off than China. China has a much larger population with living standards much lower than here in the US.

PPP, not Nominal GDP that most economists use for measuring economic size.

In other words, your statement is blatantly false.

[exoton]

US is number 2 by GDP and GDP alone. By all other economic measures we are far better off than China. China has a much larger population with living standards much lower than here in the US.

I think you actually have the economic indicator wrong on this one. The US is number 2 in terms of PPP which is a measure of the size of an economy adjusted for the standard of living of the average person "in" the economy. By GDP the US is still much better then China. The same is true for most other economic indicators

[picolo]

US is number 2 by GDP and GDP alone. By all other economic measures we are far better off than China. China has a much larger population with living standards much lower than here in the US.

I think you actually have the economic indicator wrong on this one. The US is number 2 in terms of PPP which is a measure of the size of an economy adjusted for the standard of living of the average person "in" the economy. By GDP the US is still much better then China. The same is true for most other economic indicators

By GDP and GDP per inhabitant the US is still bigger than China but they are producing less industrial goods and the US economy is sadly based on debt. If you go in debt of 2Billions to produce one more Billion you are not going in the correct direction and your collapse is near.

[crazy-pilot]

While the USA and EU have been in economic crisis, China's has been lending their money, to the USA and EU, they got into African regions with technology and investments. The list is longer. It does not surprise me, talking about "the long game", they're playing it very well, I wonder what happens when they ask the US, "Can we get our money back".

[rogerdonkey]

now many investors are going to invest in America, you see the dollar price rises.

[picolo]

While the USA and EU have been in economic crisis, China's has been lending their money, to the USA and EU, they got into African regions with technology and investments. The list is longer. It does not surprise me, talking about "the long game", they're playing it very well, I wonder what happens when they ask the US, "Can we get our money back".

China is strong and getting stronger, they are betting on long term when the EU and the USA are getting weaker, more in debt and mostly only thinking short term. It is easy to see who will win if you go past the propaganda.

[NotLambchop]

US?  China?  Puh!
GLORIOUS NORTH KOREA, bro.  That's where the future is!

[btckold24]

...
I said that pouring money on black communities have kept them poor because it entices young black women to have kids...

So you say subsidized health care (Medicaid, what we're talking about) makes them negro bitches breed?  Always thought it was that wild boogie-woogie and degenerate jazz they listened to, and their filthy subhuman lust.

But you say it ain't so?

This one comment was worth the time reading this thread lol

well put!

[zoukenn]

USA is number 2 since 3-4 years because the two new superpower actually are Russia and China. Russia is the number 1 owner of GOLD in our planet, and same thing for China.

[Razick]

US is number 2 by GDP and GDP alone. By all other economic measures we are far better off than China. China has a much larger population with living standards much lower than here in the US.

PPP, not Nominal GDP that most economists use for measuring economic size.

In other words, your statement is blatantly false.

Actually, I'm fairly certain that living standards are lower even based on PPP adjustments, but I could be wrong on that one. I don't think if you look at how the average Chinese person lives it will compare to how the average American lives. That can and should change over time if China relaxes economic and social controls in favor of personal and economic freedom.