We're Number Two

[kallend 2,027]

www.marketwatch.com/story/its-official-america-is-now-no-2-2014-12-04

China has taken over as the world's biggest economy.

Best analysis I've see is by Stiglitz (Noble laureate) here.

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The only sure way to survive a canopy collision is not to have one.

[Anvilbrother 0]

Cheap labor, hardly any EPA type regulations make for cheap factories, and large profit margins. Does that explain most of it?

Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along,

[kallend 2,027]

Anvilbrother

Cheap labor, hardly any EPA type regulations make for cheap factories, and large profit margins. Does that explain most of it?

Stiglitz's analysis is rather better than yours.

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The only sure way to survive a canopy collision is not to have one.

[Anvilbrother 0]

Good for him.

Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along,

[brenthutch 444]

If kallend had read the article he linked to, he would have understood that your post was in agreement, but then again maybe not.

"Make no mistake: This is a geopolitical earthquake with a high reading on the Richter scale. Throughout history, political and military power have always depended on economic power. Britain was the workshop of the world before she ruled the waves. And it was Britain’s relative economic decline that preceded the collapse of her power. And it was a similar story with previous hegemonic powers such as France and Spain."

[winsor 236]

brenthutch

If kallend had read the article he linked to, he would have understood that your post was in agreement, but then again maybe not.

"Make no mistake: This is a geopolitical earthquake with a high reading on the Richter scale. Throughout history, political and military power have always depended on economic power. Britain was the workshop of the world before she ruled the waves. And it was Britain’s relative economic decline that preceded the collapse of her power. And it was a similar story with previous hegemonic powers such as France and Spain."

Maybe, but This Time It's Different (tm)!

America, fuck yeah!

[tkhayes 348]

sure few regulations, - some of the worse pollution on the planet, lower life expectancy, etc

Go China - there's a model we should follow for sure....

[kallend 2,027]

tkhayes

sure few regulations, - some of the worse pollution on the planet, lower life expectancy, etc

Go China - there's a model we should follow for sure....

We're still Number One in incarcerating our population, and the rate at which cops kill civilians is pretty good too.

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The only sure way to survive a canopy collision is not to have one.

[Anvilbrother 0]

Thinning of the herd is good to prevent diseases.

Postes r made from an iPad or iPhone. Spelling and gramhair mistakes guaranteed move along,

[wmw999 2,452]

Bad boy!!! No biscuit for you

Wendy P.

There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown)

[BIGUN 1,319]

However, there was no factoring the 450 billion dollar trade deficit in the equation.

Nobody has time to listen; because they're desperately chasing the need of being heard.

[gowlerk 2,207]

Why wouldn't the country with 1.3 billion people end up with a larger economy than one with 320 million? India will one day surpass the US in this number as well. They have to spread the wealth among a lot of people though. Doesn't leave too much to spend on their military. Don't worry yet America, you are still number one.

Always remember the brave children who died defending your right to bear arms. Freedom is not free.