Re: Groveling for cash

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Re: Groveling for cash Posted by BTG88 [Email] (more from BTG88) on Thu, 12 May 2011 08:30:49

In Reply to: Re: Groveling for cash, Joeychess, Wed, 11 May 2011 19:09:30 Members do not see ads below this line. - Help Keep This Site Online - Signup

Not to pick nits, but the US economy remains 7X larger than the Chinese economy, and that's if you believe the Chinese government statistics regarding GDP. Having lived and worked in China for years, I can tell you that there is a lot of funny business that goes on with respect to information/data.

Also, for perspective, the Chinese economy was the world's largest for much of recorded history. This was a result of the sheer number of people living there. So when the day does arrive that their economy truly becomes #1, it should be no surprise.

Finally, American workers continue to be the most productive workforce in the world. The downside to that is that every year we need fewer workers to do the same amount of work. So when your economy is not growing as quickly, you get persistently higher levels of un- or under-employment - which is our situation today.

posted by 72.228.33...

Posts in this Thread:

Today's Saab-China installment, David in Michigan, Wed, 11 May 2011 17:46:06
- Groveling for cash, Steve T., Wed, 11 May 2011 18:05:16
  - Re: Are we Studebaker?, Billy, Thu, 12 May 2011 04:56:57
    - Studebaker never went out of business..., JerseySaab , Thu, 12 May 2011 18:23:48
      - Re: Studebaker never went out of business..., No Snaab, Fri, 13 May 2011 07:27:55
        Actually the Lark saved Studebaker for a while, JerseySaab , Fri, 13 May 2011 16:27:01
        Re: Actually the Lark saved Studebaker for a while, No Snaab, Fri, 13 May 2011 17:36:50
        Re: Actually the Lark saved Studebaker for a while, Steve T., Fri, 13 May 2011 19:10:45
        Ask and you shall receive..., JerseySaab , Sat, 14 May 2011 04:51:05
        Wow! A lot of interesting old cars., Noel, Sat, 14 May 2011 05:06:03
        Re: Actually the Lark saved Studebaker for a while, No Snaab, Fri, 13 May 2011 23:53:44
  - Re: Groveling for cash, Joeychess, Wed, 11 May 2011 19:09:30
    - Re: Groveling for cash, BTG88, Thu, 12 May 2011 08:30:49 <-- Viewing This Message
      - Re: Groveling for cash..Hmmm, Joeychess, Thu, 12 May 2011 09:06:04
        Even bigger is ...., usaw, Thu, 12 May 2011 22:39:27
        The EU has huge potential, Noel, Fri, 13 May 2011 06:24:13
        China / EU econ: I am obviously behind the curve on, Joeychess, Fri, 13 May 2011 08:47:09
        Re: China / EU econ: I am obviously behind the curve on, James, Fri, 13 May 2011 12:59:24
        China / EU econ: Thanks James...much appreciated n/m., Joeychess, Fri, 13 May 2011 15:47:21
  - For Once, Saab is NOT begging, Tim, Wed, 11 May 2011 18:45:31
    - Re: For Once, Saab is NOT begging, Steve T., Wed, 11 May 2011 22:33:33
      - On a happier thought, Tim, Wed, 11 May 2011 22:59:05
  - Re: Groveling for cash, dtech aka cheaptech, Wed, 11 May 2011 18:19:54

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