How long until China overtakes the US as the World Economic Power?

[Heilige]

As our politicians are bought and payed for by foreign interests, China being the main player here, I'm figuring that 5 yrs is reasonable.
Some 2/3 of the mortgages in the U.S. are actually owned by China.
They control more of the debt in this nation than any other player.
America, through it's short sighted and greedy politicians has literally sold itself to the Chinese.
As things progress along their natural course, the Chinese will let us know in due time that we are now a province of China.
Maybe one with a modicum of personal freedoms so we don't outright revolt, but a province that they control none the less.

[rezznor]

china will overtake our economy within a few decades.

[wTFaMonkey]

we already owe the chinese billions if not trillions in loans :confusedshrug:

[wTFaMonkey]

As our politicians are bought and payed for by foreign interests, China being the main player here, I'm figuring that 5 yrs is reasonable.
Some 2/3 of the mortgages in the U.S. are actually owned by China.
They control more of the debt in this nation than any other player.
America, through it's short sighted and greedy politicians has literally sold itself to the Chinese.
As things progress along their natural course, the Chinese will let us know in due time that we are now a province of China.
Maybe one with a modicum of personal freedoms so we don't outright revolt, but a province that they control none the less.

we wont be part of china. but we will be with china.

the North american union, Asian Union, African Union, European Union.

[brantonli]

china will overtake our economy within a few decades.


:banana: As long as we improve our Chinese basketball players I'm ok with China taking over :party: I'll be cashing in on it within a few decades.

[Heilige]

we wont be part of china. but we will be with china.

the North american union, Asian Union, African Union, European Union.


When do you think the North American Union will come about? Do you know what politicians and multinational companies want it to happen?

[Doomsday Dallas]

When do you think the North American Union will come about? Do you know what politicians and multinational companies want it to happen?

It won't happen... it won't ever happen.

[starface]

i have to admit, it will be kind of weird having asians come to OUR country to pay 12 year olds for sex instead of the traditional other way around.

[rezznor]

i have to admit, it will be kind of weird having asians come to OUR country to pay 12 year olds for sex instead of the traditional other way around.
youll be fine with it as long as they dont touch your cousin huh?

[Dasher]

i have to admit, it will be kind of weird having asians come to OUR country to pay 12 year olds for sex instead of the traditional other way around.
You sound like you are speaking from experience. So you are not only a Rudolph nose having cousin-****er, you are also next in line on To Catch a Predator.

[starface]

youll be fine with it as long as they dont touch your cousin huh?

:confusedshrug:

[wTFaMonkey]

i have to admit, it will be kind of weird having asians come to OUR country to pay 12 year olds for sex instead of the traditional other way around.

:banghead: :banghead:

[wTFaMonkey]

When do you think the North American Union will come about? Do you know what politicians and multinational companies want it to happen?

maybe in 50-60 years? the unions will come together and form a 1 world government.

maybe the politicians in the CFR. companies like JPmorgan. they want it to happen

and dooms. i thought you were a conspiracy nut. maybe you logged into the wrong account? *cough* primetime

[brantonli]

On a realistic tone, I would see China becoming on par with America as an economic power, but it will be very difficult as a majority of China is still undeveloped and a majority of Chinese are still farmers and that sort. I really don't know how to explain this, of course I want China to succeed, but I just have this feeling htat it's going to be extremely tough.

[Doomsday Dallas]

http://i143.photobucket.com/albums/r158/Doomsday2029/bush_dd.jpg

Me, D*ck, and George will decide when the time is right for the NAU.

[The Answer]

china will overtake our economy within a few decades.

This is true. The Chinese economy will be as large and powerful as ours in a few decades. However, it'll take many more decades for the average Chinese citizen's life to be comparable to the average citizen's life in the United States or any other first world country.

[The Answer]

And while we're on the subject, India will surpass the United States a few decades after China.

[brantonli]

This is true. The Chinese economy will be as large and powerful as ours in a few decades. However, it'll take many more decades for the average Chinese citizen's life to be comparable to the average citizen's life in the United States or any other first world country.


Thanks The Answer, that was what was bothering me in my previous post. There's a difference between a nation being economically superior and the living standard being superior.

[Doomsday Dallas]

This is true. The Chinese economy will be as large and powerful as ours in a few decades. However, it'll take many more decades for the average Chinese citizen's life to be comparable to the average citizen's life in the United States or any other first world country.

:roll:

in a few decades?

How about they are more powerful right now.

[ALBballer]

Wasn't Japan supposed to take over the US economically. Look how that turned out.

[wTFaMonkey]

Wasn't Japan supposed to take over the US economically. Look how that turned out.
when was this?

before WW2?

[ALBballer]

when was this?

before WW2?

Sometime before they went into recession.

[wTFaMonkey]

Sometime before they went into recession.

like what year?

i have never heard of japan taking over the US economically. very interesting

[ALBballer]

like what year?

i have never heard of japan taking over the US economically. very interesting

I don't know, I just assumed it was a common thought that Japan was going to take over America economically.

Aren't you an economics major?

[wTFaMonkey]

I don't know, I just assumed it was a common thought that Japan was going to take over America economically.

Aren't you an economics major?

nope. im a biology major.

i guess im an idiot for not knowing. i would never see japan being economically superior than us. :D

[rezznor]

when was this?

before WW2?
in the 80s

[wTFaMonkey]

the reason why everyone is catching up with us is partially because the value of the dollar has been slipping. The US dollar is the reserve currency of the world. but for the like 3-4 years. the value has dropped about 25% of its value. when the dollar stops becoming the reserve currency. this is when the Amero will be introduced. this is what i will forecast. but take it for what it is. im not an eco major or business major. im just your friendly average american that loves his country :D

[JtotheIzzo]

As our politicians are bought and payed for by foreign interests, China being the main player here, I'm figuring that 5 yrs is reasonable.
Some 2/3 of the mortgages in the U.S. are actually owned by China.
They control more of the debt in this nation than any other player.
America, through it's short sighted and greedy politicians has literally sold itself to the Chinese.
As things progress along their natural course, the Chinese will let us know in due time that we are now a province of China.
Maybe one with a modicum of personal freedoms so we don't outright revolt, but a province that they control none the less.
:oldlol: :oldlol:

go visit China sometime. they are light years away. they will never control the world, they don't have it in them.

[Doomsday Dallas]

http://www.youtube.com/watch?v=15yzzw1ym74

Doomsday's midnight jam.

[Illosophee]

Honestly, I am actually in a Speech contest. I have to do a speech this upcoming Earth Day, which is April 22nd. I haven't completed the speech, but in the speech, I am speaking about China's numerous toys and several items that contain lead poisoning.
Oh, whatever...
Anyway, my point is:
I quoted journalists from CNN.com and other websites who made claims that by 2009, China might become the most dominant country in the world.

As far as my point of view goes on this topic, I'm not sure yet. The United States is falling off, no doubt. Our money is not worth as much as it once was. One Euro is worth twice as much as our dollar bill! Well, if the United States is destined to fall behind other countries as a leading economic power, hopefully, it does not happen any time soon... Preferably, not in my life time at least.

[wTFaMonkey]

:oldlol: :oldlol:

go visit China sometime. they are light years away. they will never control the world, they don't have it in them.

:ohwell: :ohwell:

we already owe china in the billions(amount is increasing every year).


never say never

[JtotheIzzo]

:ohwell: :ohwell:

we already owe china in the billions(amount is increasing every year).


never say never

I'm saying never...and I do a lot of business in China.

[brantonli]

I'm saying never...and I do a lot of business in China.

Where in China?

[wTFaMonkey]

I'm saying never...and I do a lot of business in China.

china wont control the world. but i see china catching up to us very quickly. just compare the dollars value to the chinese yuan from 06 to 08

[JtotheIzzo]

china wont control the world. but i see china catching up to us very quickly. just compare the dollars value to the chinese yuan from 06 to 08

currency speculation means nothing. especially when comparing the RenMinBi (yuan simply means money in Chinese, their currency's name is RenMinBi) to the dollar as the Chinese gov't heavily regulates it.

all the fear about China is unwarranted.

-First and foremost the Chinese have no desire to control the world, just their own interests.
-Secondly, you can't control the world when more than a billion people in your country live in poverty.
-Thirdly, around 50% of all these Chinese imports that flood the US that the Chinese are supposedly getting rich off are actually products from American companies, and the money is finding its way back to Americans.
-Fourthly, powerful Chinese invest heavily in US stock markets because they see it as stable, they would have no interest in destabilizing it.
-Fifthly, it is in the US gov't's interest to give their citizenry a healthy dose of fear and suspicion towards the Chinese as issues like Tibet and Taiwan or more importantly control of major Asian shipping channels may bring the two countries to a head someday, and with this in mind the US gov't will always cast aspersions on their potential foes to occupy the minds of the simple minded majority.

A simple tariff increase on Chinese goods entering the US would have a catastrophic effect to the Chinese economy, and while it would also damage the huge investments US interests have made in China, it is always there to be used as a last resort.

[Back In Shape]

Wasn't Japan supposed to take over the US economically. Look how that turned out.

It's true. All those people in the 80s who forced themselves and even their children to speak Japanese probably feel pretty stupid right now. They should have learned Spanish for sure, and Mandarin or even Russian. America was convinced that Japan would be close to controlling the US by now.

[bada bing]

could these recent disturbances in tibet and around the world against China be a product of US and world foes against China? i dont know, it just seems like its a perfect timing to bring down or attack China. They had 6-7 years to do something but only recently did this whole tibet and world rioting against China start. I dont know. It seems that the world understands where China is heading and its dominance emerging so maybe this is a move to affect it a little?

[yobore]

China phobia is just stupid as the person 2 posts above already pointed out.

China is completely economically driven right now and has no interest in seeing us fail. They have invested heavily in our economy and our government simply couldn't pay the bills without their bonds. If they were to stop buying our bonds or even worse dump the current ones they have on the market they would make us bankrupt, but unlike it seems most American citizens who think the world is us vs. them, China knows the world economy is not zero-sum. American companies keep Chinese people employed.

Also, it's funny how people are always making China out to be some evil empire. There have been a lot of problems with the products because of local corruption, but its not like the Chinese are trying to cripple us with bad products. The government is trying hard to crack down on these things, but the fact is a country that is producing such an enormous amount of stuff is bound to have problems slip through the cracks, especially with a rapidly changing economic system and regulations.

[The Answer]

:roll:

in a few decades?

How about they are more powerful right now.

False.

GDP (purchasing power parity):

United States: $13.86 trillion (2007 estimate)
China: $7.043 trillion (2007 estimate)

GDP per capita:

United States: $46,000 (2007 estimate)
China: $5,300 (2007 estimate)

https://www.cia.gov/library/publications/the-world-factbook/geos/us.html
https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html

[The Answer]

Wasn't Japan supposed to take over the US economically. Look how that turned out.

That's different. There's an obvious correlation between the size of a nation's population and the size of it's economy. Take India, for instance. Despite the fact that the average Indian lives in terrible poverty, the Indian economy is one of the five largest in the world. It is even larger than the economies of wealthy European powers like France, the United Kingdom, and Germany.

China has four times the population of the United States, and has already surpassed the Japanese economy. In fact, they now have the second largest economy in the world (not counting the European Union, of course). They are growing by double digit growth rates each year. It is an inescapable fact that the Chinese economy will eventually surpass the United States.

[knickballer]

They might be economically bigger but they'll still be poor as fcuk. They have 2 billion people, those 2billion need jobs so they work in factories and they make all of our stuff today. They will never have any power..........

[yobore]

They might be economically bigger but they'll still be poor as fcuk. They have 2 billion people, those 2billion need jobs so they work in factories and they make all of our stuff today. They will never have any power.......... China will definitely be the most powerful country in the world soon barring some major internal problems but it looks like their government is changing smoothly. There is no way to say they will be less powerful than us.

That is pretty unimportant, if I got to choose where I was born I'd live in a less powerful country like France Spain or Italy where people work a lot less than American or Chinese. Seriously it doesn't matter who's on top I don't know why people care how powerful their country is as long as the world's stable. I trust China as much as I trust the USA.

[1987_Lakers]

8 years later and China's economy has slowed down while the U.S. bounced back from the Great recession and still has the strongest military in the world by far.

[gigantes]

How long until China overtakes the US as the World Economic Power?
not gonna happen.

china tried to modernise too quickly and now it's catching up with them. they hit a peak at a certain point, and threatened to take the lead, but just below the surface of all that, they have oodles of problems, and i mean OODLES.

they have so many deep issues that i'm more scared of their collapse than probably any other significant player, like the EU. when they do collapse, i naturally assume that they take down the world economy hard.

[step_back]

8 years later and China's economy has slowed down while the U.S. bounced back from the Great recession and still has the strongest military in the world by far.

China's bubble will burst because they've mismanaged their boom. They will also start to have a huge middle class population who won't do jobs at slave labour wages. Considering the economy is pretty much made up of worker exploitation and manipulating the currency I see China backsliding.

However America is looking at hyper inflation in the next 10/20 years as we move away from the Petrodollar as the dominant oil currency. If America moves back to a free market economy you'll bounce back much faster. We'll see how your politicians respond to trillions of dollars flooding back into the States though. It might be used as an excuse to have a massive power grab which would be a real shame.

Corporatism is really destroying the West. It needs to go.

[HeatFanSince88]

When the ratio of whites in America and Europe dwindles to a minority.

Without whites creating the products and services, the country will dwelve into 2nd world status and cease to be dominant soon after.

[BoutPractice]

I would say longer than most think, if not never.

Don't get me wrong, the US is not looking at a 1000 year empire or anything like that. It'll collapse eventually.

But if I had to guess, China won't be the country that overtakes it.

Economic transitions are typically dangerous periods. Contrary to what may seem to be common sense, a suddenly bigger pie (followed by a temporary setback) can be a cause of unrest. This is especially true in a closed regime, where rising expectations lead to distributional conflicts.

The result is that countries on the rise risk squandering their opportunities by turning on themselves. Self-destructive episodes can set them back decades, delaying seemingly inevitable processes...

There's also the risk coming from a rise in nationalist sentiment. New powers often get cocky and want to test what they can get away with. You're starting to see that to some extent in the South China Sea. The risk of getting involved in a major war with the US exists, but if it happens, both would suffer. In that scenario, the US would still get overtaken, but by a third party who stayed on the sidelines for most of the war, like the US itself did in WW1.

Not everyone makes it to the top... even if you're the 90% of the way, the remaining 10% can be just as hard.

In any case, history is full of surprises... Whoever ends up as the new boss will probably surprise everyone speculating today. It could be an ultramodern version of the Ottoman Empire, rising from the ashes of the unholy wars of the early 21st century... or even a virtual country / corporation ala Google, who knows?

[step_back]

I would say longer than most think, if not never.

Don't get me wrong, the US is not looking at a 1000 year empire or anything like that. It'll collapse eventually.

But if I had to guess, China won't be the country that overtakes it.

Economic transitions are typically dangerous periods. Contrary to what may seem to be common sense, a suddenly bigger pie (followed by a temporary setback) can be a cause of unrest. This is especially true in a closed regime, where rising expectations lead to distributional conflicts.

The result is that countries on the rise risk squandering their opportunities by turning on themselves. Self-destructive episodes can set them back decades, delaying seemingly inevitable processes...

There's also the risk coming from a rise in nationalist sentiment. New powers often get cocky and want to test what they can get away with. You're starting to see that to some extent in the South China Sea. The risk of getting involved in a major war with the US exists, but if it happens, both would suffer. In that scenario, the US would still get overtaken, but by a third party who stayed on the sidelines for most of the war, like the US itself did in WW1.

Not everyone makes it to the top... even if you're the 90% of the way, the remaining 10% can be just as hard.

In any case, history is full of surprises... Whoever ends up as the new boss will probably surprise everyone speculating today. It could be an ultramodern version of the Ottoman Empire, rising from the ashes of the unholy wars of the early 21st century... or even a virtual country / corporation ala Google, who knows?

Wars are too devastating a prospect in this day and age. Everyone stands to lose. However I wouldn't rule out conflict either. We're only human after all.

We're seeing the rise in currency wars which is what the EU is. Building an empire through coercion by creating single markets under the guise of "sensible business for goods and services" despite living in a globalized economy and World. Russia is currently doing this with Belarus and Kazahkstan and attempted it with the Ukraine. Until the EU stepped in that is. Part of the reason why the EU is so desperate to create a single state is because it's GDP is currently the 2nd biggest in the World. It has **** all to do with some kind of open tolerant multicultural society.

The U.S and the U.K should create an Anglo-American alliance. Sod the rest of the world let's make our quality of living superior to the rest.

[Long Duck Dong]

The U.S and the U.K should create an Anglo-American alliance. Sod the rest of the world let's make our quality of living superior to the rest.

All of Western Europe is doomed. The seeds have been sown. When they finally accept what's happening, and decide to fight it will probably already be too late.

[DonDadda59]

8 years later and China's economy has slowed down while the U.S. bounced back from the Great recession and still has the strongest military in the world by far.

America can't lose, even if we tried to. Not our economy, not our military, not in the Olympics.

http://childrenstorytales.com/wp-content/uploads/2014/12/obma-with-eagle.jpg

[~primetime~]

http://i.cdn.turner.com/money/news/economy/world_economies_gdp/images/worlds-largest-economies.jpg


^^^ World's Largest Economies 2016

http://money.cnn.com/news/economy/world_economies_gdp/

this link has estimates all the way to 2020..,looks like China *is estimated* to start closing the gap and I would guess it would be around 2035 or so when they do, but anything can happen, it's impossible to predict this stuff.

[Doomsday Dallas]

America can't lose, even if we tried to. Not our economy, not our military, not in the Olympics.

http://childrenstorytales.com/wp-content/uploads/2014/12/obma-with-eagle.jpg


Are you serious right now?

People sound like they are on the Titanic sometimes.

[~primetime~]

Are you serious right now?

People sound like they are on the Titanic sometimes.
Yeah, he needs to go through the rest of his life thinking doom is right around the corner. That's not depressing as fck or anything.

[Doomsday Dallas]

Yeah, he needs to go through the rest of his life thinking doom is right around the corner. That's not depressing as fck or anything.

I go to church now. Went today.

And in church... They preach to remember that tomorrow is never
guaranteed. When you live that way, One day at a time, instead
of having every thing planed out, you learn how to appreciate
the moments a little more.

So it doesn't really matter if it's a vision of Doom
or not when you can die at any given moment.

$hit, I almost died earlier today on the highway.

But yes, obviously I still believe the outlook
is not so good for this nation. Even the
Republican Nominee can agree with that.

[~primetime~]

I go to church now. Went today.

And in church... They preach to remember that tomorrow is never
guaranteed. When you live that way, One day at a time, instead
of having every thing planed out, you learn how to appreciate
the moments a little more.

So it doesn't really matter if it's a vision of Doom
or not when you can die at any given moment.

$hit, I almost died earlier today on the highway.

But yes, obviously I still believe the outlook
is not so good for this nation. Even the
Republican Nominee can agree with that.
If you are predicting doom in the future, then your head is still in the future.

Just saying, it's healthier and happier to have a positive outlook. This thread is 8 years old and you were predicting a "Titanic sink" back then too. Just think you could have skipped all that negative doom and gloom BS the past 8 years. (I'm sure you could skip the next 8 too)

[Doomsday Dallas]

Im just thankful to be alive sometimes.

That's a good philosophy to have too.

Just thankful to be alive and living in America.

[Graviton]

Im just thankful to be alive sometimes.

That's a good philosophy to have too.

Just thankful to be alive and living in America.
https://www.youtube.com/watch?v=DPO-uvrsjw4

[Doomsday Dallas]

https://www.youtube.com/watch?v=DPO-uvrsjw4

F*ck that guy... He's not Yoda.

https://s-media-cache-ak0.pinimg.com/236x/85/40/70/854070a491edef95f2a5de657bbf432b.jpg

^ This is all you have to do ^

Once you master this technique...
you eliminate 1/3 of your stress.

Obviously it's important to have a long term plan.
But don't get carried away on reaching that destination
or achieving that special goal or you'll forget to enjoy the journey.

https://perfectpendingdotcom.files.wordpress.com/2015/10/e6d35b4ca7830ed156a432ed76d02aa4-jpg.gif

[~primetime~]

https://perfectpendingdotcom.files.wordpress.com/2015/10/e6d35b4ca7830ed156a432ed76d02aa4-jpg.gif

Yep I'm guilty of this, always looking forward to the next plateau, never satisfied.

There are billionaires out there still trying to get more. Hell look at Trump, being a billionaire isn't enough for him, he has to rule the world as well.



You have to find a good balance between striving for more, and being happy with what you got.

[NumberSix]

Minutes > hours

[Doomsday Dallas]

To get back on topic...

The last 8 years have been absolutely fan f*cking tactic considering the circumstances.

Problem is... we spent $10 Trillion Dollars.

http://www.usdebtclock.org

^How can you guys feel optimistic looking at those numbers?



Nobody is paying back their student loan.

(Look at total personal debt)