Based on 2021 data USA is list 7 and China is 77 interms of per capita income. In terms of population, China is 4.2 times the size of the US.. so even if their GDP even up,the US will still be far ahead in terms of prosperity of its people... If we look around us, literally everything we consume, treat ourselves, enjoy, transact with etc comes from the USA.. Infact we now live in a civilization created by them..And their biggest invention is the USD which increases in value as troubles in the world increases. The reason is simple people trust the Americans more that anyone else
They say if you don't learn from history, you bound to repeat it! We learn how the Rome empire crumbled! Same with the Dutch empire! The Great Britain empire! And now USA empire! The pattern are the same! Mind you, once upon a time, China too was a great empire! Do you see any more China emperor around! Empire come and go! Today USA, tomorrow China, maybe the next one will be Indonesia!
And least we forget, there was malay empire too! And yes, there was Tionghua empire in Kalimantan as well! So don't be so proud of coming rise of China empire! It has happened before! ONly the fall of empire that most of us ignore for some reason!
US dollar hegemony? If China wants to end USD hegemony, they can always just stop buying US dollar debt. But no, the CCP loooooves buying USD , even when so many CCP shrills keep saying that US will fall.
As long as humans continue to exists, China will always exists. But whether it will be in the form of the People Republic of China (PRC) with the CCP at the helm, I highly doubt it. The PRC's system of government is not sustainable. In time, it will change too, probably in the footsteps of the USSR.
THe "USA empire" will likely fall too. Maybe China will take its place, but definitely not as the PRC. The CCP will fall way before US dominance ends.
Or maybe India or Indonesia will be number 1. China's caused irreparable damange to its demographic through the one-child policy. It's population is getting old before it even gets rich. You can't dominate the world with a population of elderly.
Cupcake! Yeah, China one child policy will takes it's toll in a decade from now! But then again, China has 1.5 billion! If half a billion dies off, China still have plenty! Population of Shanghai alone equal to whole Malaysia!
The population number is not the problem. It's their age. 2 adults make 1 child, end result: only 1 child available to take care of 2 elderly parents; only 1 young adult to replace 2 retirees in the workplace; only 1 young adult to replace 2 retired army personnel; only 1 young adult to pay off the pension of 2 retirees. It's a time-bomb.
19% of China's population is already above 60, and every year that gets worst.
Japan has elderly population too, but it's GDP per capita is 5 times that of the PRC. They are rich old people. China elderly are not rich.
The US has immigration, just one benefit of being an english speaking democracy.
All of you did give your good points for sharing. Thanks.
China is nation (one civilization). USA is an Enterprise.
Elsewhere, The Babylonians came to concur their land and disappeared, the Greek, the Roman Empire (the Italians are not Romans), the Ottoman and left. This nation taken out by God, led by Moses is still around.
The Portuguese, Spanish, Dutch...are being defeated also. Today, Portuguese and Spanish are becoming poorer.
Good morning, still certain people are dreaming of china's greatness. Face reality, China market is still dependent on USA consumption. Even people in collapsing economies like Sri Lanka, Nepal, Turkey & Venezuela are desperately looking for Uncle Sam's $$$$$.
Posted by Cupcakes69 > 8 hours ago | Report Abuse
America will collapse eventually, but not before the PRC collapse first.
You failed economics already. Being a large consumer market is an advantage because you have a domestic market to sell your own goods.
And at the moment, China's production still mostly low value. Why do you think the American's GDP per capita is more than 5 times that of China. The key to getting rich is to make cheap (through outsourcing) and sell very very very high, that's what the West/Japan/South Korea are doing. China is still relying on manufacturing cheap, and selling cheap - low margin.
Inequality? Based on the gini coefficient for income inequality, China's inequality is worst compared to the US. Taiwan far ahead of the PRC in terms equality. Ironic because the PRC constitution says that it is a socialist state XD lmao..
China is both not rich and and unequal, so it will collapse first lab. So obvious.
When they arrived at the New World, these settlers/criminal/blacklisted personnel, all adopted this system called "republic", which can do away with their kings/queens/religious leaders , from the Europe. There were red Indians and many other people yet. So, you know what they did? Later, call it USA...
They were willing to fight among themselves in the New World, bloody. And these Europeans/some are from the barbarians, mostly from the tribe of Esau, Haman, then Hitler...and entangling others.
USA can not be found in the Bible. Very clear. It has no role in the End. Unlike Iran/Persian, Jacob/Israelites, Rosh/Russia, Gog/Magog Central Asia, East/China. Today, Iran is preparing the nuclear bomb, Israel aiming to defeat Iran..
"Quailo trying to dictate to Chinese what the Chinese should think, feel , like and don't like?"
Lol, the only people trying to dictate the chinese is the CCP. They cencor this, censor that; read your text messages; ban books; even wrote in the constitution that chinese news media cannot talk against the CCP.
US GDP per capita 5x that of China, Taiwan GDP per capita 2x that of China. Both countries considered high income and developed. China on the other hand still only upper-middle income, and still developing, and its population is getting old before it gets rich because of stup*d one-child policy;
So which a better model, definitely not China's lol.
No worries guys, there will be a Great War in less than 10 years. Either cupcake or qqq will be proven right. At that time, hopefully they finish of one side convincingly so we don’t need to waste time debating here
A land where people with wealth & connection got special treatment. Make sure you don't go against them. Pray a lot so that this special privilege people don't come to disturb or bully you. Once you are targeted .... bye bye
Nope, they censor stuff that do damage to the CCP's fragile image. They don't care about facts, as long as they can get the Chinese to give up their civil liberties, privacies, , human rights, and keep the CCP in power.
No you don't because that would result in youtube and i3investor being banned too. And you love accessing these websites despite your praise of CCP censorship because you are openly double standard. No shame at all.
"China is democracy in China language because it is people first.........the government take care of the people and the country."
Says who, the chinese news media who you just admit is lying? lmao, you really are useful idi*t to the CCP lah. So gullible. You know they lie yet you still choose to believe them. Logic down the drain already.
You know, Elon Musk kid recently change his name to her! Yeah, brainwashed by LBGT, the leftists of USA! What is happening in US culture is beyond perverted! I doubt the rest of the world still have admiration for USA now! I mean, tell me, what has US done good lately! Nothing! Then again, what has China side done of late! While innovations have thrive, i mean, gosh, can Chairman Xi stop been war monger! Non stp making threats against Taiwan! As if going to war anytime soon! Chairman Xi is acting exactly like those incompetent US and EU leaders! Lately, the world has been in state of gloom! seems nothing to be happy about!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by TraderAlways > 2022-06-09 17:56 | Report Abuse
This article makes subur investor comfortable knowing their losses is nothing compared to US debt.