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China will surpass US by 2016

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smeagol1
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China will surpass US by 2016 Apr. 25th, 2011 @ 03:37 PM Reply

According to the latest IMF official forecasts, China's economy will surpass that of America in real terms in 2016 - just five years from now.

Put that in your calendar.

It provides a painful context for the budget wrangling taking place in Washington, D.C., right now. It raises enormous questions about what the international security system is going to look like in just a handful of years. And it casts a deepening cloud over both the U.S. dollar and the giant Treasury market, which have been propped up for decades by their privileged status as the liabilities of the world's hegemonic power.

We are fucked!

http://www.marketwatch.com/story/imf-bom bshell-age-of-america-about-to-end-2011-
04-25?link=MW_home_latest_news


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megakill
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:40 PM Reply

At 4/25/11 03:39 PM, Otto wrote: EAST MEET WEST

Otto why must you continue to haunt my dreams?

GeneralPlanet
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:41 PM Reply

This belongs in politics.

I'm just sayin'...

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JuliasBrutal
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:42 PM Reply

At 4/25/11 03:41 PM, GeneralPlanet wrote: This belongs in politics.

I'm just sayin'...

Yes, that it does.


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smeagol1
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:42 PM Reply

At 4/25/11 03:41 PM, GeneralPlanet wrote: This belongs in politics.

I'm just sayin'...

You belong in a dumpster.


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Asandir
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:45 PM Reply

I for once wouldn´t say that we are "fucked", China has a fast growing economy and if the USA is not able to keep up with it, then we have to deal with it, as long as Chinas new power doesn´t affect human rights or democracies word-wide negatively, there is no need to be afraid, the only scary thing I can see is the fact that Chinas poulation is rapidly growing.


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dekeizer
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:49 PM Reply

Time to move to China!

yonokowhat
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:52 PM Reply

At 4/25/11 03:49 PM, dekeizer wrote: Time to move to China!

sounds like a plan


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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:54 PM Reply

2016? Just a year or two ago they were saying 2014. A little less than a decade ago they were saying 2011.

IN THE YEAR 3012 ALL THAT REMAINS WILL BE ... CHINA.

Right.

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Boss
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:56 PM Reply

you forgot that we have the porn industry and i have a big fat dick our economy is just getting started


I'm an instigator

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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 03:56 PM Reply

Neil Ferguson already covered this ages ago...


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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:03 PM Reply

This topic reminds me of this ted talk, it's very interesting if you want a more comprehensive understanding of China. Don't assume that a world where China is dominant will necessarily be a bad thing, please research your opinions a bit deeper.


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Sevkat
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:05 PM Reply

I'm not even 1% astounded.


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CharltonChinchilla
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:07 PM Reply

China have got so much shit to sort out before they can really challenge the west, America in particular. The vast majority of the nation is living in poverty and they are scrambling for ways to feed and provide enough energy for their people. These issues won't be solved in the next few years so they can't really challenge America's spot at the top of the pile.


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Lionelion
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:07 PM Reply

this is bad, we must take action!

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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:10 PM Reply

That is only if the rate China is growing keeps on coming, during the 80s people were shitting their pants thinking that Japan would pass the USA. Then, Japan stalled and nothing became of it. I personally think the big "China scare" is a load of poo.


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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:14 PM Reply

At 4/25/11 04:10 PM, dread2760 wrote: Nuke it and forget.

This isn´t by any means a good solution, first of all, killing innocent people is never good, and it would also highly damage the reputation of the USA, something that should better not happen, also your "solution" could lead to a war.


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CharltonChinchilla
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:16 PM Reply

At 4/25/11 04:14 PM, Asandir wrote:
At 4/25/11 04:10 PM, dread2760 wrote: Nuke it and forget.
This isn´t by any means a good solution, first of all, killing innocent people is never good, and it would also highly damage the reputation of the USA, something that should better not happen, also your "solution" could lead to a war.

Not to mention them "innocent people" account for 1/3 of the worlds population and the country which makes all our shit would be gone. As if he was being serious in the first place..


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Asandir
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:18 PM Reply

At 4/25/11 04:16 PM, CharltonChinchilla wrote: Not to mention them "innocent people" account for 1/3 of the worlds population and the country which makes all our shit would be gone. As if he was being serious in the first place..

As a moral person, I still felt the urge to tell him these things, but still thanks for bringing up more points for my opinion!


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WeHaveFreshCookies
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:21 PM Reply

I thought they had already surpassed the US.

RacistBassist
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:23 PM Reply

At 4/25/11 03:41 PM, GeneralPlanet wrote: This belongs in politics.

I'm just sayin'...

Economics is a general topic and not related only to politics


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AlphaCentauri
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:25 PM Reply

At 4/25/11 04:21 PM, WeHaveFreshCookies wrote: I thought they had already surpassed the US.

Yeah, same. I thought we were at risk of falling behind multiple countries at this point. I'm actually surprised we aren't.


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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:29 PM Reply

At 4/25/11 04:22 PM, EjitinToadForm wrote:
At 4/25/11 04:10 PM, Cootie wrote: That is only if the rate China is growing keeps on coming, during the 80s people were shitting their pants thinking that Japan would pass the USA. Then, Japan stalled and nothing became of it. I personally think the big "China scare" is a load of poo.
cootie the world leading economist

he is an economy buff

clearly he knows more than those people with like, qualifications and any idea what theyre talking about and stuff

fucking hell

Economics is a guessing game. Trends and estimates might say that China will surpass the US, and those trends and estimates, when made by economists, are usually right. But you still never know. The economy can do some unexpected things.

Danavers
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:34 PM Reply

In 2056 I'd still rather live in the US. China's a shithole, and yes I've been there.


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IAmCrystalHeights
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:34 PM Reply

At 4/25/11 03:45 PM, Asandir wrote: there is no need to be afraid, the only scary thing I can see is the fact that Chinas poulation is rapidly growing.

Uh dude, China's population is NOT growing. One-child policy? HELLOOO

Cootie
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:34 PM Reply

At 4/25/11 04:21 PM, WeHaveFreshCookies wrote: I thought they had already surpassed the US.

Ummm, no China has barely passed Japan. Their economy and GDP is not even half as large as the United States.


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TheDunwichHorror
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:34 PM Reply

funniest part about this is how stupid right wing sites are getting with this

China will surpass US by 2016


we're a punchline to spengler's joke

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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:35 PM Reply

The US just needs to start manufacturing things like Silly Bands, and other stupid fad items, to sell to the billion Chinese people that now have money to spend on stupid things so they can feel cool.


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IAmCrystalHeights
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Response to China will surpass US by 2016 Apr. 25th, 2011 @ 04:36 PM Reply

At 4/25/11 04:34 PM, Danavers wrote: In 2056 I'd still rather live in the US. China's a shithole, and yes I've been there.

And where have you been exactly and why did you go? I'm visiting China from May 29 to June 26 and it sounds like it'll be great. Going to Shanghai, Beijing, and Hong Kong. People said the only really bad thing is the smog and it can be dirty in some parts and overcrowded but they had a great time.

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