Are the 2 countries with 1 billion+ population going to be superpowers and centers of the world for the next few centuries while Europe is busy exterminating itself?
Also, what will happen after the post-China/India world? Make predictions.
UK growth is ALWAYS under predicted. 3rd quarter growth was 0.6% for perspective
Sebastian Long
wow, 0.1% difference. Amazing growth innit
Ayden Hall
SUPER POWER BY 2020! AMERICANS WILL STAND IN LINE TO GET VISA TO TRAVEL TO INDIA
Lucas Walker
>Real economies: 5% growth and up >Fake, debt based, socialist economies: Almost no growth
Sounds about right
Benjamin Wilson
I hate gommies so much :(
Lucas Jones
super shit streets by 2020?
Isaiah Gray
You have a debt brake now which means that taxes will be getting raised which makes people absolutely hate commies, so you'll be fine.
Evan Lewis
I do not understand how our economy can grow when it has been destroyed by sanctions?
Charles Harris
>Italy: 0.8% ;_;
Anthony Adams
>India: 7.4% >China: 6.3%
They just started growing, so yeah it may look like a lot but it's nothing. Even if the numbers are correct in the first place, which is debatable.
But look at it going from shit, to half decent. That's not that hard right? And we, The West, have to from good to better. Which is always harder.
John Taylor
Well, not really, economies don't get harder to grow like they hit pubery, the west just transitioned into these junk economic policies around the same time.
Joseph Thomas
They can only grow so much.
Jaxon Cook
>Trump
Carter Carter
btw got a source? I'm curious about the rest of the world
Adrian Ramirez
>The GDP per capita of Greece has plunged from $32,200 in 2008 to $17,900 in 2015.
>Europe going from developed to developing >Asia whizzing past 'em
kek
Jace White
>Italy had the world's 4th largest economy (PPP) in 1980.
>Today, its economy is ranked 12th.
Julian Brooks
International Passengers (million)
2005
London Heathrow: 61 Dubai: 23.6
2015
London Heathrow: 69.8 Dubai: 77.4
Chase Lopez
>implying Trump will let china overtake the US
Bentley Cooper
>European Union GDP (PPP) was twelve times larger than China's GDP (PPP) in 1980.
>China's GDP (PPP) is now larger.
Jacob Taylor
There's a huge capital flight from China, while India remains India and no self-respecting company would migrate a significant capital to there. Russia is obviously in the process of implosion as well, specifically after the recent literal embargo by the West (their economy shrunk by about an entire third for the last 3 years if I'm not wrong), and the USA is not only on the brink of recession, but a full-blown depression - most companies are already anticipating this by fleeing to tax heavens or offshoring their production to diversify their portfolios against the risk of depression.
I'll tell you where capital flight isn't observed tho - Europe. Not during the Greece crisis, not during the DB crisis, not during the refugee crisis and not even after Brexit. Southern Europe is experiencing depression-tier unemployment (Mediterranean contains upwards of 50% literal NEETs for the 18-25 age group) and not a single Euro is fleeing from those lands. Moreover, quite the contrary, they're experiencing growth that they usually shouldn't
Carson Walker
Lmao @ Brazil underperforming again
Ian Collins
Bith wages and GDP have been going down though.
Logan Ward
>There's a huge capital flight from China Stop talking bullshit out of your ass. Nobody wants to hear your recycled Sup Forums anecdotes. Come back with any real numbers, not retarded feels.
He will transfer the production of iphones from china to russia?
Dylan Morgan
The growth is pretty minimal (1%), it doesn't necessarily mean that our economy is doing well, but looks like a bit better than before.
Gavin Reyes
Also:
>China trade balance, 2016: $532 billion surplus
>US trade balance, 2016: $740 billion deficit
How does it feel to have your bullshit retarded anecdote, which is full of ignorance, get obliterated by a learned and educated stats man?
Robert Powell
Sure
Mind explaining what the supposed """"""colonization"""""" by China of third world countries is then?
Don't worry, I'll step in and give you a hint - it's government officials and businessmen being aware of the incoming collapse trying to run away and save whatever they can by buying farms in Zimbabwe and constructing ports they don't actually need in Greece/Bulgaria
Jonathan Gutierrez
>Trusting any numbers related to China. How many crumbling apartment blocks no one will ever live in will be part of their GDP this year?
Samuel Gomez
Italy btfo
Kevin Edwards
>More bullshit anecdotes >Not posting any original thought >Not posting anything even remotely resembling human intellect
Nice, keep posting your shitty personal home-made stories. I'm sure people take you seriously. Meanwhile I, the stats man, will keep providing great stats.
We've been told since the 80s to be successful in business you have to learn Mandarin. Think about that.
Lucas Nguyen
Yea we had a small spike in incomes this year but they're still lower than they were from the mid 2000s. Gdp has also been fairly stagnant and hasn't averaged over 3% since the recession. Something has to change soon or America will be fucked. tradingeconomics.com/united-states/gdp-growth
Isaiah Bennett
Replacement births have been going down as well, bring in more people to help the population grow.
Isaac Bell
>China just started growing >Has had consistent double digit growth for over 3 decades
Nice. Never went to school or any other educational institution, I take it?
Brazil, 2016
- Worst recession in decades - Largest ever anti-govt protests - Zika virus - Olympics held - President impeached and removed
Joseph White
>Moreover, quite the contrary, they're experiencing growth that they usually shouldn't After the austerety REKT the wages/benefits of the workers, and there was the liquidation of assets, the profitability picked up a bit.
Josiah Flores
Stop electing Republicans.
Caleb Sullivan
>Yea we had a small spike in incomes this year
Lol it was the largest increase in history last year
Brayden Long
What are you going to say when 2020 comes along and India is barely any better
Camden Reed
To be fair, China's population is almost three times the EU's.
Still lower than they were in the mid 2000s though. I'm not pointing fingers I'm just stressing how bad things have been getting lately.
Henry Richardson
He's a legit shitposter, don't even bother with him.
Samuel Thompson
In 18 of the last 20 centuries, China has had the largest GDP in the world.
The Middle Kingdom has always been the center of the world. It is only returning to its rightful place.
If anyone is interested in learning more about China, let me recommend the book "On China - Henry Kissinger". It's a classic.
Easton Anderson
Doesn't China have projects to grab Africa's natural resources, and their millionaires are moving to Canada and making it difficult for Canadian natives to buy apartments? Also, there are so many Chinese that they could afford a one-child-policy for several decades without killing off their country. And they were ruthless enough to actually enact something cold but efficient like that.
It looks like the Chinese have got all the cards in their hands, while Western leaders are bumbling with short-sighted decisions that will make their own nations dwindle and fall into irrelevance. If they keep replacing their people with Africans and Middle-easterners, I don't see how the continent will avoid becoming just another part of the Middle-east, except without oil.
Henry Carter
How does this contradict anything he said
James Young
Feel bad man for fucking Italy. There's horrible poverty there, they never recovered from 2008 and now all the niggers their gvt is bringing in?
Oliver Gomez
>One-child policy meme
Ah, son. Stop parroting everything you read. It was only enacted in a few major cities, and many families could opt-out of it.
Liam Johnson
GDP (nominal)
1995
Italy: $1.17 trillion China: $0.73 trillion
2015
Italy: $1.8 trillion China: $11.2 trillion
I wonder how the ancient Romans would feel if they saw the sorry state of modern day Italy. How the mighty have fallen...
Liam Adams
>Still lower than they were in the mid 2000s though
Lol it's higher now than in the mid 2000s actually.
Like I said, Republican policies are a disaster so of course the median income falls on their watch.
Isaac Howard
Was in florence last year, and real, actual Italians begging on street, not gypsies or Arabs or drunks. People can't feed themselves anymore. Italy is another story the media is missing, because that place is set for riots bordering on a civil war. It's everywhere you go there, people are piss poor and they are trying to force even more nigger and arab bullshit on them.
Lucas Anderson
>It looks like the Chinese have got all the cards in their hands
No, it looks like they're perceiving offshore investment as less risky than mainland investment. There's zero reason for a Chinese to not invest into the vast Western China, which is full of natural resources and farmland, and instead revert to the unstable African continent, unless he has gone to such lengths that he now perceives Africa as more stable and worthy of investment than China.
Lincoln Bennett
INDIA WILL BE SUPERPOWER BY 2020
Bentley Bell
>what is Trump That economy is gonna grow by next month, Ivan
Austin Gomez
You see what I'm saying though right? Even with the spike American households are making 1000 dollars less than they were in 2007 and GDP has consistently been low. This is very bad since we are a very large country with a lot of elderly people about to retire as well. And we're also in a college debt bubble that will cause the next recession soon and we haven't even recovered from the last one. America is fucked.
Parker Bennett
Do you guys want me to keep posting these statistics and factoids to brighten up your day? Otherwise I'll stop.
>EU-China share of world GDP (PPP)
1980 EU: 30% China: 2%
2014 EU: 17% China: 16.5%
2019 EU: 15% China: 19%
Oliver Martin
The US is overdue for a market correction if not a crash.
China's debt is quickly and alarmingly ballooning, so...
Mason Perez
>One more interesting fact: BRICS countries by companies in Fortune 500.
South Africa: 0 Russia: 5 Brazil: 7 India: 7
China: 98
>China has four of the world's five largest banks, with over $12 trillion in assets between them.
>Are the 2 countries with 1 billion+ population going to be superpowers and centers of the world
They may have more wealth, but you have to remember that the amount they possess relative to their population size is a lot different than any Western nation. So, even if China surpasses the United States in overall GDP, the wealth available to the general populace is far less than exists in the US.
Nathaniel Edwards
>There's zero reason for a Chinese to not invest into the vast Western China, which is full of natural resources and farmland >western China >full of farmland
I don't think Western China is all that good. But chinks are buying all the farmland they can in Kazakhstan and other Central Asian -stans.
Mason Hernandez
Your link isn't working.
Isaac Anderson
>triggered
Brayden Campbell
It's almost entirely domestic debt owed to Japanese.
Jaxson Reed
Germany: 1.4% is equivalent of 200% Indian growth
Hudson Ortiz
>GDP
The arbitrary measure for movement of money largely influenced by corporations and the wealthy moving their money around. Has literally no connection to social or cultural development nor with the social and environmental sustainability.
World is drowning to problems but it's all right as long as money still flows.
Literally every metric you can ever use to measure what we're after points to my conclusion.
Get fucked delusional retard. Read my posts above with different proofs.
Dominic Murphy
The US will remain a superpower for a long time. The US profited off of the development of Japan, Korea, and now China. Further down the line, the US will profit immensely off of the development of Latin America. The US is just geographically in the best spot to be trade partners with everyone, while still maintaining a strong domestic economy.
will all the indians in our countries go back? please let it be true
Nicholas Cook
POO
Cameron Bennett
Its shrank last year and 1 percent is nothing. You need at least 3.
Matthew Morgan
The US will fall as a super power once there aren't enough whites to support it as a powerhouse and it degrades into a Mexico 2.0. You can like Hispanics as a group of people but even hispanics know that they don;'t want themselves in positions of power.
Jacob Lopez
IN
Wyatt Diaz
LOO
Adam Powell
Holy shit I'm pretty sure that's lower than fucking turkey
Carson Williams
> US: 28
wtf
Dylan Collins
In reference to the 1% growth in ops post you dumb burger
Aaron King
remember when every economist was like "watch out for brazil!" and then brazil collapsed on itself?
Jacob Foster
Hey "stats man" why so silent on this post:
Lincoln Ward
we fucking developed japan and korea just like the english developed hong kong
Hunter Powell
>Cristiano Ronaldo's agent says the player rejected a $313 million transfer bid and $104 million annual salary from a Chinese club >Currently highest played soccer player in the world Chinese >Chinese on an insane buying spree never seen before in the history of sports
US bid to Cristiano Ronaldo? None.
Austin Jackson
How it is possible for a country to fuck up that much. It's amazing.
Blake Bennett
Chinese are subhumans with the worst culture and most annoying people in the world including africa and the middle east, once they get too much power civilized countries will unite against them.