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China takes over as world's largest ecomomy?
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averagejoe
- Buddha of the Board
- Posts: 17299
- Joined: Nov 23rd, 2007, 10:50 pm
China takes over as world's largest ecomomy?
China Just Overtook The US As The World's Largest Economy
Sorry, America. China just overtook the US to become the world's largest economy, according to the International Monetary Fund.
Chris Giles at the Financial Times flagged up the change. He also alerted us in April that it was all about to happen.
Read more: http://www.businessinsider.com/china-ov ... z3FfwE0oaE
Sorry, America. China just overtook the US to become the world's largest economy, according to the International Monetary Fund.
Chris Giles at the Financial Times flagged up the change. He also alerted us in April that it was all about to happen.
Read more: http://www.businessinsider.com/china-ov ... z3FfwE0oaE
Ecclesiastes 10:2 A wise man's heart is at his right hand; but a fool's heart at his left.
Thor Heyerdahl Says: “Our lack of knowledge about our own past is appalling.
Thor Heyerdahl Says: “Our lack of knowledge about our own past is appalling.
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GordonH
- Сварливий старий мерзотник
- Posts: 39043
- Joined: Oct 4th, 2008, 7:21 pm
Re: Has it Happened? China takes over as Worlds Largest Ecom
To boot China loaned the largest portion of the current US debt so double whammy.
I don't give a damn whether people/posters like me or dislike me, I'm not on earth to win any popularity contests.
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averagejoe
- Buddha of the Board
- Posts: 17299
- Joined: Nov 23rd, 2007, 10:50 pm
Re: Has it Happened? China takes over as Worlds Largest Ecom
GordonH wrote:To boot China loaned the largest portion of the current US debt so double whammy.
Who would have ever thought that a Communist country would every hold the debt of America?
Ecclesiastes 10:2 A wise man's heart is at his right hand; but a fool's heart at his left.
Thor Heyerdahl Says: “Our lack of knowledge about our own past is appalling.
Thor Heyerdahl Says: “Our lack of knowledge about our own past is appalling.
-
GordonH
- Сварливий старий мерзотник
- Posts: 39043
- Joined: Oct 4th, 2008, 7:21 pm
Re: Has it Happened? China takes over as Worlds Largest Ecom
It was only matter of time that China would be number 1 with 1.35+ billion people the next economy to keep your eye on is second largest Country by population at 1.25+ billion that is India.
Debt
US 17 trillion+
China 863 billion+
India 376 billion
Oh dear Canada 1.35 trillion+
all in Us dollars
Debt
US 17 trillion+
China 863 billion+
India 376 billion
Oh dear Canada 1.35 trillion+
all in Us dollars
I don't give a damn whether people/posters like me or dislike me, I'm not on earth to win any popularity contests.
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Atomoa
- Guru
- Posts: 5704
- Joined: Sep 4th, 2012, 12:21 pm
Re: Has it Happened? China takes over as Worlds Largest Ecom
Great. Now let's sell them all our oil at bargain prices.
The true business of people should be to go back to
school and think about whatever it was they were
thinking about before somebody came along and told
them they had to earn a living.
- Buckminster Fuller
school and think about whatever it was they were
thinking about before somebody came along and told
them they had to earn a living.
- Buckminster Fuller