tj444
Posts: 7574
Joined: 3/7/2010 Status: offline
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quote:
ORIGINAL: Musicmystery http://www.investopedia.com/articles/investing/022415/worlds-top-10-economies.asp From your link- "However, the U.S. economy loses its spot as the number one economy to China when measured in terms of GDP based on PPP. In these terms, China’s GDP is $21.3 trillion and the U.S. GDP is $18.5 trillion. However, the U.S. is way ahead of China in terms of GDP per capita (PPP) – approximately $57,294 in the U.S. versus $15,423 in China." The US is stagnating, you dont want immigrants, you arent having kids, the US has ceased to be a growing market & incomes havent increased in real terms in decades, debt is rampant, you arent buying stuff anymore & its only the rich that are benefiting. Countries like China, India, etc are developing and that is where the growth is now and will continue for decades in the future.. Their incomes are increasing, increasingly they are buying stuff & building, they will have the economic clout.. Trump & his protectionist BS is bad for the US but he/that is what America voted for... and y'all will vote him back in again in 4 years, just like you did Bush (which cost the US trillions for the illegal Iraq war & the 2008 recession/bail out)... What is it they say about history repeating? I think that if Trump doesnt start a major war (his tiny fingers are itching to shoot off those nukes), that would be a miracle.. but even if he doesnt, imo debt will increase massively under him and many Americans will suffer badly.. (but the rich will continue to get richer).. http://www.pwc.com/world2050#keyprojections
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As Anderson Cooper said “If he (Trump) took a dump on his desk, you would defend it”
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