Some American posters are financially illiterate and should not even post these sorts of topics like the thread starter.
GDP Update 2023: US ($27.5T) vs CHINA ($17.6T) [US up by $10 Trillion]
- Thread starter Get Ya Wig Split
- Start date
Some American posters are financially illiterate and should not even post these sorts of topics like the thread starter.
beijingwalker
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lol, enjoy
1.3 million Americans ration insulin amid high drug prices in US, study shows
David Himmelstein, a researcher of the study, told FOX Television Stations he is “greatly alarmed” by their findings.
American Insulin Prices Are off the Charts
F-22Raptor
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lol, enjoy
1.3 million Americans ration insulin amid high drug prices in US, study shows
David Himmelstein, a researcher of the study, told FOX Television Stations he is “greatly alarmed” by their findings.www.foxla.com
American Insulin Prices Are off the Charts
Inflation is now sub 3%
Enjoy decades of deflation
beijingwalker
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Lol, it's not deflation yet, but even if it happens, I prefer deflation over Inflation as a consumer.
Tell me why you US can't afford building anything now, highways, subways, railways, ships....since you are that rich as you claim, how come you don't have money to build anything?
You so called US "riches" are only on paper, when being transfered into production, you are among the poorest.
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StraightEdge
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If US economy is growing so much, why are more bankruptcy being declared? 68% higher this year.
Bankruptcy filings surge in first half of 2023 in US, Epiq says | Reuters
Bankruptcy filings surge in first half of 2023 in US, Epiq says | Reuters
F-22Raptor
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The International Monetary Fund forecasts China's growth coming in at 4.5% next year and the 3% range in 2026.
asia.nikkei.com
The Chinese deceleration is real and at the worst possible time as China enter’s catastrophic demographic decline in the 2030s and beyond.
China's economic slowdown raises 'Japanification' fears
Weak inflation, aging population and excess savings echo post-bubble Japan
asia.nikkei.com
The Chinese deceleration is real and at the worst possible time as China enter’s catastrophic demographic decline in the 2030s and beyond.
beijingwalker
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The International Monetary Fund forecasts China's growth coming in at 4.5% next year and the 3% range in 2026.
China's economic slowdown raises 'Japanification' fears
Weak inflation, aging population and excess savings echo post-bubble Japan
The Chinese deceleration is real and at the worst possible time as China enter’s catastrophic demographic decline in the 2030s and beyond.
China, Indonesia, Vietnam lead global growth for coming decade in new Growth Lab projections
China, India, Indonesia, Uganda, and Vietnam are projected to be among the fastest-growing economies for the coming decade, according to researchers at the Growth Lab at Harvard University. The new…
news.harvard.edu
Western media daily claims that China is crashing while their universities and research centers predict China will be leading the global growth for another decade, don't know which ones to believe.
F-22Raptor
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The Chinese, the PPP little pinks, and their sycophants are having a difficult time accepting the new reality.
That’s understandable considering where the Chinese mindset was a decade ago of an unstoppable Chinese economic rise and growing 2-4X US GDP.
That’s understandable considering where the Chinese mindset was a decade ago of an unstoppable Chinese economic rise and growing 2-4X US GDP.
beijingwalker
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Tell me why you US can't afford building anything now, highways, subways, railways, ships....since you are that rich as you claim, how come you don't have money to build anything?
You so called US "riches" are only on paper, when being transfered into production, you are among the poorest.
Get Ya Wig Split
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God damn you're a slow mf ain't you...
Investing In America | The White House
For decades, the U.S. exported jobs and imported products, while other countries surpassed us in critical sectors like infrastructure, clean energy, semiconductors, and biotechnology. Thanks to President Biden’s Investing in America Agenda – including historic legislation passed by Congress and...
Meanwhile in China...crumbling infrastructure
beijingwalker
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LOl, you did built something, in 40 years timesGod damn you're a slow mf ain't you...
View attachment 943566
Investing In America | The White House
For decades, the U.S. exported jobs and imported products, while other countries surpassed us in critical sectors like infrastructure, clean energy, semiconductors, and biotechnology. Thanks to President Biden’s Investing in America Agenda – including historic legislation passed by Congress and...www.whitehouse.gov
Meanwhile in China...crumbling infrastructure
S.F. mayor, US house speaker, exuberant crowd celebrate the city's first new subway for more than 40 years
San Francisco recently opened its first new subway in over 40 years, with three new underground stations and one above-ground station joining the Muni Metro T Third line.
S.F. mayor, exuberant crowd celebrate new service on Central Subway's T-Third line
The T-Third line officially started its new route connecting Chinatown to the Bayview in the new Central Subway Saturday. (1-7-23)
youtu.be
Why public transit in US is so awful?
Why The U.S. Gave Up On Public Transit
Public transit in the U.S. is notorious for being infrequent and unreliable. Americans had to wait 17 minutes on average to get on public transit in 2022, wh...
youtu.be
Why American Subways Are Some Of The World’s Most Expensive
Public transit can be extremely valuable for a city’s economy - in New York City 85% of the people who travel into the business district below 61st Street ta...
youtu.be
May 14, 2023
Public transit can be extremely valuable for a city’s economy - in New York City 85% of the people who travel into the business district below 61st Street take some form of public transportation. In several major cities - New York, Boston, Washington, D.C., and San Francisco - the subway and other rapid rail systems are key contributors to the prosperity of the city.
In NYC for example, more than $37 billion of the Metropolitan Transportation Authority’s $54 billion budget goes to subways. But building subways in the U.S. is very expensive. In fact, it’s the sixth most expensive country to build rail transit in the world. And even that is likely an understatement. High labor costs, overbuilt tracks and stations, and onerous regulations all jack up costs.
NYC’s sheer population density makes it rather worth it - so many people ride the subway that the cost per rider is comparable to many European cities where total expenditures are substantially lower. However, the high costs hurt the case for public transit in less dense areas of the country. Lowering those costs could go a long way toward building affordable and accessible public transit for smaller cities around the country and reducing traffic congestion, pollution and traffic accidents.
Get Ya Wig Split
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https://twitter.com/ana_petrov1/status/1686622268741365761LOl, you did built something, in 40 years times
S.F. mayor, US house speaker, exuberant crowd celebrate the city's first new subway for more than 40 years
San Francisco recently opened its first new subway in over 40 years, with three new underground stations and one above-ground station joining the Muni Metro T Third line.
S.F. mayor, exuberant crowd celebrate new service on Central Subway's T-Third line
The T-Third line officially started its new route connecting Chinatown to the Bayview in the new Central Subway Saturday. (1-7-23)
Why public transit in US is so awful?
Why American Subways Are Some Of The World’s Most Expensive
Public transit can be extremely valuable for a city’s economy - in New York City 85% of the people who travel into the business district below 61st Street ta...
May 14, 2023
Public transit can be extremely valuable for a city’s economy - in New York City 85% of the people who travel into the business district below 61st Street take some form of public transportation. In several major cities - New York, Boston, Washington, D.C., and San Francisco - the subway and other rapid rail systems are key contributors to the prosperity of the city.
In NYC for example, more than $37 billion of the Metropolitan Transportation Authority’s $54 billion budget goes to subways. But building subways in the U.S. is very expensive. In fact, it’s the sixth most expensive country to build rail transit in the world. And even that is likely an understatement. High labor costs, overbuilt tracks and stations, and onerous regulations all jack up costs.
NYC’s sheer population density makes it rather worth it - so many people ride the subway that the cost per rider is comparable to many European cities where total expenditures are substantially lower. However, the high costs hurt the case for public transit in less dense areas of the country. Lowering those costs could go a long way toward building affordable and accessible public transit for smaller cities around the country and reducing traffic congestion, pollution and traffic accidents.
Crumbling infrastructure
beijingwalker
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I can posts thousands of natural disasters pics and videos in US, you seems to be so fond of natural disasters, moron.
StraightEdge
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Some of those 20,000 infrastructure projects must be like this one.
L.A. Spent $7,500 on a Prototype Bus Shade That Doesn't Shade Anything (reason.com)
The utter ridiculousness of the whole situation is meme-worthy.
There are reporters for unveiling of a bus shade that has holes and doesn't shade anything!
It just costs $10,000 to erect a pole like that. Imagine how much it will add to entire GDP by erecting poles with holes.
L.A. Spent $7,500 on a Prototype Bus Shade That Doesn't Shade Anything (reason.com)
The utter ridiculousness of the whole situation is meme-worthy.
There are reporters for unveiling of a bus shade that has holes and doesn't shade anything!
It just costs $10,000 to erect a pole like that. Imagine how much it will add to entire GDP by erecting poles with holes.
F-22Raptor
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China will become less populous, more productive—and more pricey
And GDP parity with America is still decades away
Now The Economist has come out today saying China won’t reach GDP parity with the US until the mid 2040s.
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