The US could lose its crown as the world's most powerful economy as soon as next year, and it's unlikely to ever get it back
The United States of America could lose its position as the world's biggest economy as soon as next year — and once that happens, it is unlikely to regain the top spot as developing Asian economies power ahead.
According to research released this week by Standard Chartered Bank, China is likely to become the world's biggest economy at some point in 2020, when measured by a combination of purchasing-power-parity exchange rates and nominal gross domestic product.
>fascist ethnostate overtakes globohomo muttland Based, fuck America
Zachary Lewis
>all people lie equally
umm nah
Mason Green
america's *economy* takes into account a $30.000 medical bill for a band-aid, tylenol and 2 aspirins.
Nathaniel Ross
Cope with what? I'm doing academic research about China's economy and the first thing you realize is the official figures are nothing but lies. All the companies that I went to an j house day of said they don't trade in Chinese stocks or companies because of the unreliable data available.
Connor Rogers
Good, the maybe shit skins will go over there instead
>single race economy united with a shared goals surpasses multi culti gibs me dat economy where victimhood is a virtue
imagine my shock
Mason Sanchez
Survival of the fittest
Nicholas Cox
IMO china is already there. American wealth is concentrated in jew york and commiefornia. Most of the country is already poor and unproductive. Compare a t1 city like shenzhen to new york or even a second rate city like Putian to memphis. China is richer, better run, and they are way more productive
Ethan Powell
FUCK GOOGLE
RICO
GOOGLE ELECTION MEDDLING & SOCIAL ENGINEERING BUMP ALL GOOGLE THREADS
America is still bigger economy... with 1/4 the population of China... let that sink in chinks
Tyler Richardson
Kek. Believing this. Literally by every objective measure China is a far smaller economy and its losing the trade war badly.
Easton Parker
>better run Kek
Asher Garcia
based google wants to turn us into China (but with diversity and shit)
Brayden Barnes
Nope.
Eli Gomez
China vs US – Comparing GDP PPP If we compare GDP on a Purchasing Power Parity (PPP) basis, China a bigger economy than the US. China GDP PPP took over that of the US during 2014.
China GDP PPP reached $18.3 trillion in 2014, whereas US GDP PPP was $17.5 trillion at that time. IMF forecasts that the China GDP PPP will reach $29.7 trillion by 2020.
Ian Wright
This. Their housing market is a huge bubbke, their demographics soell disaster due to the legacy of 2 child rule, and they are a totalitarian state that can't innovate because no one thinks outside the norm. China is entirely dependent on the US for their economy. And thats why they are losing the trade war.
>29 trillion by next year Kek no Do GDP per capita fag.
1 child rule*
But the fault mainly lies with Chinese banks being to eager and lenient with lending out loans because prices of real estate projects kept going up because of constant debt spending by the Chinese government in these projects.
Caleb Cook
>all peoples lie equally in finance ? ya it's all a big unregulated never ending scam
Nolan Robinson
>can't innovate >China is entirely dependent on the US for their economy >they're losing the trade war
Holy shit, 4 Chicoms are now as productive as one single burger.
William Nelson
Yes and that gdp is distributed across 1.3 billion people while our gdp is distributed across 400 million. We are way wealthier per capita
Ayden Sanders
>duh ching chongs are gonna be the biggest guys next year >i know i've said this every year for the last quarter century but this time it's really real guise stop paying attention to fake news you simple faggots.
Lucas Lopez
>The US could lose its crown as the world's most powerful economy >most powerful economy >economy
Does anyone really give a shit anymore? GDP means jackshit to the average citizen. And I really don't care about America dominating the world. What has that given us other than jewish control and a bunch of retarded zionist wars? The US needs to learn that it's people actually comes first and not it's place as world police.
American logic: - America is well run even though it went from being top global superpower to a dysfunctional afro-latino banana republic that has to import skilled labor in the 70 years since world war 2
- China is poorly run even though they went from poor and dysfunctional in 1977 to the biggest economy and a global superpower in 2019.
Isaiah Ortiz
29 trillion by next year YES
>GDP per capita
so you're claiming that Luxembourg is a more powerful nation than the US?
>muh biggest economy would you rather live in China or Taiwan? U.S or Switzerland?
The GDP trap is a fallacy, look at how we exported our blue collar jobs while also importing low skilled low IQ hispanics, all so the top 0.1% can earn an extra billion or two.
Hudson Rodriguez
>Nu next year YES
Yeah no lmao, it's not difficult to see you're trolling or you're genuinely retarded.
>Let's face it bro the West is fucked Eh, depends. Smaller government and less tariffs would do wonders.
>2010 comic >2019, US is the largest energy exporter in the world ever since we found 1 trillion barrels of shale oil under Texas
Well that aged horribly.
Grayson Anderson
Again great response
Alexander Nguyen
Yeah because I'd trust some kike bankers. They've been saying that for YEARS. remember in 2016 when the Chinese stock market crashed unexpectedly and the govt. did a blackout and some Jew magic financials to get it back on track. They can't keep that shit up. China is going to shit in 2020's
Nolan Lee
That's fine, hopefully the jews abandon us for them to leech off of.
Josiah Jones
Hey user, I kinda dropped out about chinaland, what was the 1 child policy and what happened because of it?
Kevin Reyes
this. also building fake cities to keep currency value down. many of the big international courier/parcel shipping companies don't want to play along anymore to ship shittons of goods from china but get paid as if it's an development country.
Cooper Williams
For a very long time the Chinese government enforced a policy that parents were only allowed to have one child as a maximum. Meaning a rapidly aging population as a result and huge future problems about pensions and the elderly. They had to get rid of the policy because they realized it wasn't sustainable by far.
Elijah Phillips
>accordiong to STANDERD (((Chartered))) ya shure
Andrew Hall
I wish Murrica had accepted those millions of Chinese women, it would have absolutely doomed China.
