/Economics/

Chinese economy dropped from 32% to 5% of global GDP from 1842 to 1940

America is following the same pattern.

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noice.

That was because of imperialism and a civil war. With America it is because other countries are becoming more and more developed.

No, it's because you are wasting your money on wars instead of developing your human capital through free high quality education and free health care.

Also that.

Both are true.

>wasting your money on wars

it was profitable for them in the past desu.

dat china GDP till the opium wars...

When?

Hmmm... trying to think of a way to prevent us from getting enslaved by chinks. Maybe we can sell them a bunch of opium again?