It’s official: america is now no. 2

The Chinese economy just overtook the United States economy to become the largest in the world. Which choice best describes your thoughts?

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  • I would still rather live in the country that treats it's people semi humanly.

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  • Every country has it's short-comings and pluses. The US is no different. As to how I feel, I feel very apathetic and tired. With what our government's been doing, it's no suprise. The US is just under hard times. They might get better, or not. It depends.

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  • America outsources- it was a short term solution, and this is the inevitable result. This was bound to happen.

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  • Considering they have over 1 billion more people, don't you think it kinda makes sense?

    All other things being equal, the countries with the largest working populations should have the largest economies.

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  • Americas economy was #1? Thats really sad.

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  • It's interesting, if you read history, how the period of world dominance has declined over the centuries. Simplistically speaking, the Roman Empire lasted several times longer that the British Empire which lasted several times longer than the American Empire.
    However, I have a feeling that everyone will be speaking Chinese in a century and that they will dominate the world for a long, long time to come.

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  • living standards in China are not as good...so as number 1 now thats something to think about.

    Im not sure im too concerned ...since they have so many people wasnt it just a matter of time??? Also doesn't their growth go hand in hand with our own and as they grow we do...everyone's connected

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    • What did I say that got a thumbs down? Did I say something offensive or untrue???

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      • Who knows? I thumbed you up anyway (rude though that may sound). Equilibrium restored.

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        • Lol thanx ...I was just wondering if I made a mistake in my statement. : P

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          • I think someone went on a thumb-downing spree, possibly EccentricWeird. It happens on occasion - there's not always a legitimate reason.

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  • The Chinese economic strategy is versatile such that it has overtaken our markets due to better competition. We saw it coming.

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  • The Eurozone is slowly falling apart, recession and bond defaults will slowly spread to North America. China will dominate the world sooner than people think.

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  • Why do we (America) have to be the best in everything. We have our flaws and I'm proud of em!

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  • Not going to lie i always thought China was number 1 in everything..

    And i live in America and our economy sucks so I don't understand this post.

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  • The Chinese economy can only grow so far until it can't sustain itself by overbuilding and overproducing any mroe

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  • It is NOT who RULES the world that calls the shots. He who OWNS the world has true power. The wise Chinese dragon knows this. Ultimately, checkmate will be his.

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    • The wise Chinese dragon?

      You've been watching too many kung fu movies from the 70s :P

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      • To be less figurative about it, China's huge trade surplus gets used for many things. One of them is to buy the national debt of other countries. When they own enough of it, the yuan will become the reserve currency of the world. This is fine until recession hits the debtor country. Since their interest leaves the debtor economy for China, taxable GDP decreases making treasury bond issues more risky. China negotiates to buy assets in other countries in lieu of debt restructuring. At the very end of the process, China militarizes. End game - checkmate.

        PS. Thanks for mentioning Kung Fu. He was a cool guy.

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    • hasnt yall read bout the pervasive corruption what makes up chinese guvment?

      if them there arabs cut theys oil production them chiners goes back to #2 faster than yall can say frack that shale

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      • Good point about the corruption. Arabs won't cut production while recession looms for the world economy.

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        • Yep. Them monopolistic Arabs like to sell oil at a price point where elasticity of demand is unitary, unless they're trying to squeeze out the competition.

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          • they is puttin a squeeze

            theys makin buddy with consumers (the chiners and japanezrs) while fuckin theys producin competition

            mainly them sneaky ole ruskies n theys chums the venezulers

            them good ole boys in the gulf of texas and them dirty sandbox peoples in alberta gonna hafta take a paycut for a bit

            they knows its boom or bust

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  • a slightly bigger economy with 4 or 5 times the peoples?

    big fuckin deal

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    • Exactly.

      They should really be leaps and bounds ahead, but I think Mao set the country back a good 50 years at least - ironic, considering one of his campaigns was called "The Great Leap Forward"

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  • well yeah capitalism makes a lot of its money producing things for dirt cheap in china and then selling them for buckets in the western world. it was so inevitable.

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  • we should take all of our black people and drop them off in china so they could ruin china just like they ruined america and africa

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    • Ummm us white people are the ones that brought them here in the first place. So you look stupid racist asshole.

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  • As long as the Chinese make cute strappy and stringy things to wear, I am happy about it. *giggles*

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