It’s official: America is now No. 2 in economy. China is No. 1 - Polidicks

[QUOTE][url]http://www.msn.com/en-us/news/money/it’s-official-america-is-now-no-2/ar-BBgjXGo[/url] Hang on to your hats, America. And throw away that big, fat styrofoam finger while you’re about it. There’s no easy way to say this, so I’ll just say it. We’re no longer No. 1. Today we’re No. 2. Yes, it’s official. The Chinese economy just overtook the United States economy to become the largest in the world. For the first time since Ulysses S. Grant was president, America is no longer the leading economic power on the planet.[/QUOTE] Well crap...

I, for one, welcome our new Chinese overlords

What does this mean? Facepunch, [I][B]tell me how to feel[/B][/I]

China has always had huge growth so its not suprising

Oh god, the horror! It's all over. We might as well just sell ourselves to Mexico now because it's not worth being a country anymore.

thanks obama

Next step for America is to stop enforcing patents and copyright laws so we can compete 8)

[quote] This will not change anything tomorrow or next week, but it will change almost everything longer term. We have lived in a world dominated by the U.S. since at least 1945, and in many ways since the late 19th century. And we have lived for 200 years — since the Battle of Waterloo in 1815 — in a world dominated by two reasonably democratic, constitutional countries in Great Britain and the U.S.A. For all their flaws, the two countries have been in the vanguard worldwide in terms of civil liberties, democratic processes, and constitutional rights. [/quote] is this even [editline]4th December 2014[/editline] I miss the USA already :~(

Well their economy is kinda inflated from ridiculous building projects that have no purpose and serve to be ghost towns.

The question now is how long China lasts until their way of doing business implodes and take the rest of the worlds economies with it. Our coal goes there. Our gas goes there. Our raw minerals go there. Our housing market is designed to attract Asian buyers and investors. Once you take China out of the equation there's no immediate backup plan because "pfft. Why would china go tits up?"

And we're the best fuckin' 2nd place in the world! USA! USA!

China, the superpower driven by coal. Needless to say, they won't get far unless they fix that.

We knew you would blow it America. Don't worry, you can come back to the Empire now

2 is my favorite number so it's alright guys

Communism gets you places it seems. Take a leaf out of that bamboo book yankie doodles

[media]http://www.youtube.com/watch?v=RNYGRf6Nw0k[/media]

[QUOTE=Thomo_UK;46637491]Communism gets you places it seems. Take a leaf out of that bamboo book yankie doodles[/QUOTE] i think its more of the having more people than anybody else.

First is the worst, second is the best, third is the one with a hairy chest. Also, the U.S. could produce more if we didn't have unions that demanded living wages for employees which causes manufacturing to be outsourced to China for exorbitantly cheaper costs, so its not hard to see why they make everything.

[QUOTE=outlawpickle;46637508]First is the worst, second is the best, third is the one with a hairy chest. Also, the U.S. could produce more if we didn't have unions that demanded living wages for employees which causes manufacturing to be outsourced to China for exorbitantly cheaper costs, so its not hard to see why they make everything.[/QUOTE] yeah man if it wasn't for those pesky unions, i could be working 20 hours a day maximizing profit for my corporate overlords.

[QUOTE=Ragekipz;46637458]China, the superpower driven by coal. Needless to say, they won't get far unless they fix that.[/QUOTE] They're working harder on fixing that than we are. No new nuclear reactors since 96(before that it was since the mid 70s) and barely any real renewable industry growth, while China is actively pursuing new nuclear reactor tech and built the biggest damned dam in the world.

My 8th grade science teacher predicted this, I'm a sophomore in college now. Swag Swag to Mr. Wheelock for being the next nostradamus

[QUOTE=sloppy_joes;46637518]yeah man if it wasn't for those pesky unions, i could be working 20 hours a day maximizing profit for my corporate overlords.[/QUOTE] Exactly. Profit is key. Profit is life. You don't need a bed to yourself when you can maximize living space and share a twin bed with your comrade. Its about the bottom line, not your quality of life you selfish pig.

[QUOTE=sloppy_joes;46637518]yeah man if it wasn't for those pesky unions, i could be working 20 hours a day maximizing profit for my corporate overlords.[/QUOTE] Hold on for a second. I gotta go take a 30 minute bathroom break.

[QUOTE=zombini;46637524]They're working harder on fixing that than we are. No new nuclear reactors since 96(before that it was since the mid 70s) and barely any real renewable industry growth, while China is actively pursuing new nuclear reactor tech and built the biggest damned dam in the world.[/QUOTE] That biggest dam ever is a huge environmental strain with potential to cause a huge disaster.

Hold on, USA. [quote]The International Monetary Fund recently released the latest numbers for the world economy. And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared to $17.4 trillion for the U.S.A.[/quote] We're in second only by $200,000,000,000 in GDP. We can still take the reigns. Also, if theres one thing everyone knows in economics, its that China lies on their reports. Lying commies.

[QUOTE=pentium;46637425]The question now is how long China lasts until their way of doing business implodes and take the rest of the worlds economies with it. Our coal goes there. Our gas goes there. Our raw minerals go there. Our housing market is designed to attract Asian buyers and investors. Once you take China out of the equation there's no immediate backup plan because "pfft. Why would china go tits up?"[/QUOTE] People have been saying China is a bubble for decades now. I think that, even if we don't believe there's risk involved, we've probably still taken adequate precautions against it because of the years of warnings. I don't know if China is a bubble today, or if it's stabilizing, but I'm still hedging my bets on an unstable China because of their ridiculous inflationary practices. If they stopped grossly overinflating their economy, maybe it'd be a little bit more trusty.

[QUOTE=Thomo_UK;46637491]Communism gets you places it seems. Take a leaf out of that bamboo book yankie doodles[/QUOTE] Rich Country != Rich People. In fact, all countries on the BRICs are Rich with Poor people.

No one can really compete with a country that has over a billion people in the country

HAHA! TRAP SPRUNG CHINA! Now it's your turn to invade Afghanistan. Serious reply though, cool, means nothing especially since China has been known to cook the books about all kind of numbers related to their economy.

I highly doubt China's economic growth is sustainable, however.