China Now #1 World Economy

[Demi-fiend]

Yeah, I know you all saw this coming, but I didn't think it would happen right now, you know?

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http://www.moneytalksnews.com/longer-has-the-worlds-largest-economy/

http://www.foxnews.com/world/2014/12/06/china-surpasses-us-to-become-largest-world-economy/

http://www.aol.com/article/2014/12/04/china-overtakes-the-us-as-worlds-largest-economy/21003035/

http://www.zerohedge.com/news/2014-12-06/its-official-finally-us-no-longer-worlds-1-economy

"It seems rather appropriate that just seven days after the US government hit a whopping $18 trillion in debt, mainstream financial media has picked up the IMF’s recent World Economic Outlook report, which puts the US economy as #2 in the world."

 

[Loopy]

It's hardly surprising that China was going to be 1st sooner or later. Labour is cheap there, businesses from US and all over the world have things made there or imported from there. Of course the Chinese economy was going to rise to the top.

However, this does come at a cost for the people of China. Some parts, the quality of life is awful and wages can be pretty low for the factory work. Then there's all the industrial pollution in the air and in the water; and all of the constant building work needed to keep up with demand. I guess that's how it is though.

I just hope with China's economic growth that everyone can lead better lives there once they have worked out how to be a superpowered industrialised nation. Just seems like I read a lot of stories about China recenty with bad human rights, machines at factories killing people, roads breaking from bad quality or exploding children's rides.

 

[Absent Nova]

All hail our Chinese overlords!

 

[Demi-fiend]

All hail our Chinese overlords!

ikr? All they need now is their own oil pipeline and they'd be set.

 

[LordOfDarkness]

It was only a matter of time this would happen. I realized that I had a birthmark on me earlier, turns out the mark reads "Made in China".

 

[Laurence Barnes]

it's about time. I say we should reinstate the British empire! Anyway next up will be Brazil.

 

[Lord Nero]

I thought this already happened somewhere in October. Also, zerohedge.com?

http://www.dailykos.com/story/2012/...er-Why-does-anyone-still-take-them-seriously#
''They are liberatrian, Paulite, conspiracy theory driven nutjobs. Who is it that takes them seriously?'' (9+ / 0-)
http://rationalwiki.org/wiki/Zero_Hedge
Basically, zerohedge was set up by some guy who lost his job because he was (proved to be) a crook.

 

[EA9Sol]

And this is how Firefly stared. Now we all gotta start becoming space bounty hunter or something.

But, joking aside. This is not really surprising.

 

[dreadnought_dante]

does this mean, china will invest in DMC game and devil may cry will sold 10 million extra??
is it?

 

[V]

They've been teaching 'business Chinese' in unis for years for a reason.