....lybob Posted April 25, 2011 Share Posted April 25, 2011 Link to comment Share on other sites More sharing options...
DC Tom Posted April 25, 2011 Share Posted April 25, 2011 If the IMF were saying so, you'd think you could find it at a better source than a hackneyed Russian youtube video. Link to comment Share on other sites More sharing options...
Chef Jim Posted April 26, 2011 Share Posted April 26, 2011 If the IMF were saying so, you'd think you could find it at a better source than a hackneyed Russian youtube video. IMF = Incontinent Mother !@#$er Link to comment Share on other sites More sharing options...
....lybob Posted April 26, 2011 Author Share Posted April 26, 2011 If the IMF were saying so, you'd think you could find it at a better source than a hackneyed Russian youtube video. ok ok boring but very well marketwatch Link to comment Share on other sites More sharing options...
whateverdude Posted April 26, 2011 Share Posted April 26, 2011 (edited) The USA couldn't even maintain first place for 250 years, what a joke this country turned out to be. Edited April 26, 2011 by whateverdude Link to comment Share on other sites More sharing options...
GG Posted April 26, 2011 Share Posted April 26, 2011 Imagine that, a country with 2 billion people having an economy that is larger than the one with 300 million people. Shocked, I tell you. Shocked. Link to comment Share on other sites More sharing options...
....lybob Posted April 26, 2011 Author Share Posted April 26, 2011 Imagine that, a country with 2 billion people having an economy that is larger than the one with 300 million people. Shocked, I tell you. Shocked. 1.3 -1.4 billion maybe 1.6 - 1.7 billion in 2016 everyone knew China was going to catch up - before the Cheney Administration the estimates were 2070-2100, by the end of the Cheney Administration the estimates were 2020-2030 now 2016. Link to comment Share on other sites More sharing options...
meazza Posted April 26, 2011 Share Posted April 26, 2011 Of course let's wait for a crash and everyone flocks to treasuries again Doomed Link to comment Share on other sites More sharing options...
GG Posted April 26, 2011 Share Posted April 26, 2011 1.3 -1.4 billion maybe 1.6 - 1.7 billion in 2016 everyone knew China was going to catch up - before the Cheney Administration the estimates were 2070-2100, by the end of the Cheney Administration the estimates were 2020-2030 now 2016. Amazing what happens when you forget communism & embrace capitalism. Doesn't take a Norman Einstein to do the math of what happens when you compare 10% economic growth to sub 2% economic growth. God forbid that Chinese citizens should benefit from a rise in their standard of living. Link to comment Share on other sites More sharing options...
....lybob Posted April 26, 2011 Author Share Posted April 26, 2011 Amazing what happens when you forget communism & embrace capitalism. Doesn't take a Norman Einstein to do the math of what happens when you compare 10% economic growth to sub 2% economic growth. God forbid that Chinese citizens should benefit from a rise in their standard of living. What it shows is there is not just one successful type of capitalism- and quit being so smug I've been hearing for 20 years that China's state directed capitalism can't sustain it's 10+% growth rate- and you know one day one of you neo-liberal economist will say it and be right maybe 2030- I knew 20 years ago we were in trouble because China's run by engineers and scientists for national interests- and we are run by lawyers and economists for corporate interests. Link to comment Share on other sites More sharing options...
GG Posted April 26, 2011 Share Posted April 26, 2011 What it shows is there is not just one successful type of capitalism- and quit being so smug I've been hearing for 20 years that China's state directed capitalism can't sustain it's 10+% growth rate- and you know one day one of you neo-liberal economist will say it and be right maybe 2030- I knew 20 years ago we were in trouble because China's run by engineers and scientists for national interests- and we are run by lawyers and economists for corporate interests. Not smug at all. China's is picking the low hanging fruit. When you have so many people rising from extreme poverty into developed world standards, the economy will boom for a generation. The trick is to take it to the next level, and at least there even Arends admits the challenge, although he scoffs it off. But, without opening up the legal, political and personal freedoms, the Chinese technocrats will only excel at making things that someone else create and will not capture the maximum value out of products they make. I think the Manchurian coronation is a bit premature. Link to comment Share on other sites More sharing options...
Rob's House Posted April 26, 2011 Share Posted April 26, 2011 What it shows is there is not just one successful type of capitalism- and quit being so smug I've been hearing for 20 years that China's state directed capitalism can't sustain it's 10+% growth rate- and you know one day one of you neo-liberal economist will say it and be right maybe 2030- I knew 20 years ago we were in trouble because China's run by engineers and scientists for national interests- and we are run by lawyers and economists for corporate interests. China is also aggressively building nuclear power plants to produce the energy they need while we ban them in favor of hippie pipe dreams like !@#$ing wind mills. Link to comment Share on other sites More sharing options...
....lybob Posted April 26, 2011 Author Share Posted April 26, 2011 China is also aggressively building nuclear power plants to produce the energy they need while we ban them in favor of hippie pipe dreams like !@#$ing wind mills. I'm an advocate of nuclear power, specifically liquid fluoride thorium reactors and Accelerator Driven Subcritical Reactors. Wind turbines also have there place but only at spots where conditions warrant. Link to comment Share on other sites More sharing options...
whateverdude Posted April 26, 2011 Share Posted April 26, 2011 Imagine that, a country with 2 billion people having an economy that is larger than the one with 300 million people. Shocked, I tell you. Shocked. In much worse then that, the USA is 8th in GDP per Capita. Link to comment Share on other sites More sharing options...
DC Tom Posted April 27, 2011 Share Posted April 27, 2011 I'm an advocate of nuclear power, specifically liquid fluoride thorium reactors and Accelerator Driven Subcritical Reactors. Wind turbines also have there place but only at spots where conditions warrant. Based on the science degree you earned from the Discovery Channel, no doubt. Link to comment Share on other sites More sharing options...
Wacka Posted April 27, 2011 Share Posted April 27, 2011 You'll have to deal with the PETA types. They have large wind farms near me (Altamont Pass east of SF Bay). The animal people are trying to close them down because some birds are stupid and get killed by the blades. Link to comment Share on other sites More sharing options...
....lybob Posted April 27, 2011 Author Share Posted April 27, 2011 Based on the science degree you earned from the Discovery Channel, no doubt. I'm going to fire my laser wakefield plasma accelerator at your head, because I think your head would make an excellent spallation neutron source target, and if it isn't, well at least I get to fire a laser wakefield plasma accelerator at your head. BTW the reason your wife looks at you with such contempt is that while your noggin is swelled and your ankle is swollen nothing swells in between, you impotent nancy boy. Link to comment Share on other sites More sharing options...
pBills Posted April 27, 2011 Share Posted April 27, 2011 Based on the science degree you earned from the Discovery Channel, no doubt. What's your degree in Thom? You act as though you are the expert on everything. Link to comment Share on other sites More sharing options...
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