China To Overtake the US SOON

[MikeRavens]

RPR the debt is something we should control but its over-blown for politic reasons. The GDP to debt ratio in our country is 59%. We have the highest debt in the world in dollars because we produce the most but in terms of GDP to debt ratio % we are below than Europe and Japan. If you make 5 billion a year and your investments/spending is 59% of your total income you are still in good shape. Let me put it to you this way, Europe and Japan will go first before the United States.

GDP to Debt Ratio

Japan is 226%
Greece 143%
Italy is 119%
Singapore 102%
Ireland 96%
Portugal 93%
Germany 83%
France 81%
Egypt 81%
Israel 77%
United Kingdom 77%
Spain 60%
Brazil 60%
United States 59%


China is a different animal. Their totalitarian government manipulates their numbers and economy a lot and on the surface it looks good but is not. They control even the free press so nobody can really go to in to china and verify their numbers and I wont even go into their awful humans rights record and poor labor treatment and lack of basic rights. They are in deep trouble.

[MikeRavens]

Originally Posted by RPR

Btw who's going to buy our enormous debt??

anybody that wants a nice return in interest and invest in a steady system, steady and reliable currency and you don't have to worry that a totalitarian regime will take over your assets or manipulate the numbers.


as long as the U.S. can produce the largest GDP in the world and pay their interest anybody would invest/buy our debt.

[RPR]

as long as the U.S. can produce the largest GDP in the world and pay their interest anybody would invest/buy our debt.


Then we're screwed!!

[MikeRavens]

are we?.........tell me of any country that has a smaller debt than the United States that you would want to work, live and invest in?

These countries have a lower debt than the U.S..........are we really that screwed?


37 Seychelles
38 Morocco
39 Bhutan
40 Guyana
41 Vietnam
42 Philippines
43 Uruguay
44 India
45 Croatia
46 El Salvador
47 Poland
48 Malaysia
49 Kenya
50 Argentina
51 Pakistan
52 Tunisia
53 Finland
54 Turkey
55 Norway
56 Aruba
57 Latvia
58 Colombia
59 United Arab Emirates
60 Denmark
61 Costa Rica
62 Thailand
63 Dominican Republic
64 Mexico
65 Serbia
66 Slovakia
67 Mozambique
68 Malawi
69 Sweden
70 Panama
71 Bolivia
72 Bangladesh
73 Ethiopia
74 Yemen
75 Bosnia and Herzegovina
76 Czech Republic
77 Ukraine
78 Switzerland
80 Lithuania
81 Montenegro
82 Slovenia
83 Cuba
84 Macedonia
85 Canada
86 Taiwan
87 South Africa
88 Senegal
89 Romania
90 Syria
91 Guatemala
92 Papua New Guinea
92 Indonesia
93 Trinidad and Tobago
94 Honduras
95 Gabon
96 Algeria
97 New Zealand
98 Venezuela
99 Moldova
100 Zambia
101 Korea, South
102 Peru
103 Tanzania
104 Ecuador
105 Paraguay
106 Botswana
107 Australia
108 Uganda
109 Angola
110 Namibia
— Hong Kong
111 China
112 Saudi Arabia
113 Bulgaria
114 Iran
115 Luxembourg
116 Kazakhstan
117 Nigeria
118 Kuwait
119 Qatar
120 Cameroon
121 Russia
122 Uzbekistan
— Gibraltar
123 Estonia
124 Chile
— Wallis and Futuna
125 Azerbaijan
126 Oman 127 Equatorial Guinea
128 Libya

[MikeRavens]

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.8 percent in the first quarter of 2011 over the previous quarter. From 1947 until 2010 The United States' average quarterly GDP Growth was 3.30 percent reaching an historical high of 17.20 percent in March of 1950 and a record low of -10.40 percent in March of 1958. The economy of the United States is the largest in the world. The United States is a market-oriented economy where private individuals and business firms make most of the decisions. The federal and state governments buy needed goods and services predominantly in the private marketplace. This page includes: United States GDP Growth Rate chart, historical data and news.


United States GDP Growth Rate

[MikeRavens]

Originally Posted by RPR

Mike,we had sweat shop like conditions in the US as well when the Industrial Revolution took of around the 1860's. It wasn't till the worker's movement demanded better working conditions and pay that the US began having a MIDDLE class. You can thank that movement for the 8 hour work day,5 days a week,vacation pay etc...

I'm not a US hater (I hate that word). Most of the Tea Partiers and Republicans are up in arms too and do fear the beginning of the end. I worry about my family here and my family on the island too. Are we going to be sold off to the next empire? Will Chines troops occupy the West Coast of the US in the 2020's? Sounds far fetch but no one sees the end coming even with all warning signs.All empires come and go.

Conspiracy? I believe I've been posting articles here in regards to the weakening dollar and our financial mess since last year. if you read back then you'll see these things are becoming to be true.No one saw 9/11 coming even though they attacked the WTC back in the 90's as well. We never imagine such an event on our continental soil. That was a shocker for many. I definitely do not want another event like that again. The Chinese general will be visiting next week.I think he is the same one who said that he would nuke us....

When the Chinese workers wakes up and demand rights and allow to form unions and demand decent wages and benefits then we shall see how strong and stable that mirage Chinese economy is.



Explotar a millones de gente en los trabajos por una miseria de paga y nada de beneficios con un gobierno totalitario es un mamey.....claro que el gobierno centralizado de China se va a beneficiar de eso.


La pregunta es si China lo puede sostener las mismas tacticas para siempre o las cosas van a explotar cuando los chinos demanden salarios decentes, derechos laborales y vacaciones y un retiro decente como los demas paises avanzados como en EEUU, Europa y Japon.


Ese es la razon que el gobierno totalitario de China puede manipular su economia con la mano dura a su propia gente...........regresa en 10 anos y hablaremos de china.

[MikeRavens]

I couldn't answer all of your conspiracy theories in just one or two posts.........but where do you get your BOOGIE MAN METE CUCO theories data ?


1) China will invade and occupy the westcoast of the U.S.?????? how? with what?.......did you forgot that the United States has a bigger Navy and Air Force than China and over 10 times the nuclear warheads than China?


2) When have 2 countries with nuclear warheads have invaded each other?.......better yet when have a country invaded another country with superior armed Forces and 12 to 1 ratio of nuclear warheads?...you are confusing the Chinese with the extremists arabs radical groups......China is not into suicide missions to watch their country get nuked by a superior military power.


3) Why would China want to invade the United States, if the U.S are their #1 buyers that keeps their economy going?......I really dont get your conspiracy theories that China will invade the U.S.



4) Where do you get that WE (WHO IS WE?) are going to be sold off to another country....last time I look slavery was against the constitution and every international law......


5) 9/11 was a terrorist attack just like the Oklahoma city bombing and other terrorists attacks around the world. Now you know what Israel lives with everyday.. Yes it was a shocker, so was Pearl Harbor and the Civil War and natural disasters and that didn't destroy the United States..............I dont know what does 9/11 has to do with China invading us and our government selling us to another country but I guess you will connect those dots.




I say you worry too much....enjoy whatever time you have on this earth, it will still be here way after we are gone. You are the few lucky ones that had the opportunity to live in the United States compare to other countries that are not that lucky.....