France public debt will explode all records at end of 2014

[Audio]

Not really. It will spend less to look after them. China will not develop a social security system like the EU to hold them back.

Sure it will.

Breathing New Life Into China's Pension Fund - China Digital Times (CDT)

http://www.brookings.edu/research/papers/2013/07/31-reforming-chinese-pension-system-pozen

Anyway, China's GDP/capita(PPP) is currently at over 10,000 US dollars and is forecast to near 20,000 by 2020 so the country could easily reach 30K in 15-20 years time. Remember China still has 1-2 decades of "catch-up" growth left in it.

Time of easy growth is over. There will never again be gdp growth speeds like before, so your projections off them are useless. Just like PPP is useless in a debate about international economics.

 

[olcayto]

Not really. It will spend less to look after them. China will not develop a social security system like the EU to hold them back.

Anyway, China's GDP/capita(PPP) is currently at over 10,000 US dollars and is forecast to near 20,000 by 2020 so the country could easily reach 30K in 15-20 years time. Remember China still has 1-2 decades of "catch-up" growth left in it.

Why do people keep talking about gdp ppp, while they are talking about a country's economy in the world view. İt's nominal not ppp. Don't try to increase figures by playing with the method.

 

[UKBengali]

It will have a fast growing old population. Would you not call this a massive social security liability? The rest is just immigrant garbage.



If the political will is no problem, then yes.

"The rest is just immigrant garbage" -

"If the political will is no problem, then yes" - How? You need large aircraft carriers to credibly establish air-superiority over a medium sized power like Thailand. Where will the troop carrying ships come from to transport the 10s of thousands of troops needed to actually invade a country like Thailand?

Thanks for the laughs. Have a good night.

 

[UKBengali]

Why do people keep talking about gdp ppp, while they are talking about a country's economy in the world view. İt's nominal not ppp. Don't try to increase figures by playing with the method.

Maybe you should learn simple economics before embarrasing yourself.

PPP is relevant for China as it will be looking after it's own old people using it's local currency. Also China's GDP at nominal and PPP is converging so in 10-15 years from now the two will be nearly equal.

Hope you have learnt your lesson and will research before opening your mouth again

 

[anonymus]

Not really. It will spend less to look after them. China will not develop a social security system like the EU to hold them back.

Anyway, China's GDP/capita(PPP) is currently at over 10,000 US dollars and is forecast to near 20,000 by 2020 so the country could easily reach 30K in 15-20 years time. Remember China still has 1-2 decades of "catch-up" growth left in it.

Not exactly,


Ageing population is a burden on social security .

The difference between a country with Government sponsored social security and a country without is that in a country with no social security net,old age needs are covered by private/individual funding.

Even when social security need is being funded by out of pocket expense of an individual, it a a drain on GDP of the country even if that is not showing directly in Government budget.

 

[olcayto]

"The rest is just immigrant garbage" -

"If the political will is no problem, then yes" - How? You need large aircraft carriers to credibly establish air-superiority over a medium sized power like Thailand. Where will the troop carrying ships come from to transport the 10s of thousands of troops needed to actually invade a country like Thailand?

Thanks for the laughs. Have a good night.



Maybe you should learn simple economics before embarrasing yourself.

PPP is relevant for China as it will be looking after it's own old people using it's local currency. Also China's GDP at nominal and PPP is converging so in 10-15 years from now the two will be nearly equal.

Hope you have learnt your lesson and will research before opening your mouth again



Maybe you should learn simple economics before embarrasing yourself.

PPP is relevant for China as it will be looking after it's own old people using it's local currency. Also China's GDP at nominal and PPP is converging so in 10-15 years from now the two will be nearly equal.

Hope you have learnt your lesson and will research before opening your mouth again

Maybe you should learn a few things first.
You're discussing a economical matter between two regiona with a forum member and yet you push forward the term ppp. Which is useless in this context.

İf it was a domestic issue İ would understand, but İ repeat you were comparing two regions with each other. Thus the term ppp is useless. İt's only a method liked very much, esspecially by western doomsday dreamers like you.

P.s ppp is relevant to all countries population.

 

[Audio]

"The rest is just immigrant garbage" -

"If the political will is no problem, then yes" - How? You need large aircraft carriers to credibly establish air-superiority over a medium sized power like Thailand. Where will the troop carrying ships come from to transport the 10s of thousands of troops needed to actually invade a country like Thailand?

Thanks for the laughs. Have a good night.

lol really? You're so uneducated?

And that's not even all.....

 

[acid rain]

China has a debt problem as well, some say its 240% of their GDP, while a recent chinese analyst came up with a conservativve 3.3 trillion debt figure.

 

[UKBengali]

@olcayto - Please keep quiet as you do not have a clue what you are talking about

 

[olcayto]

@olcayto - Please keep quiet as you do not have a clue what you are talking about

Yeah, yeah. What ever makes you sleep at night.
Anyways have fun with bashing the west.

 

[UKBengali]

@Audio - Ok, you really want to make me laugh tonight

The Thai airforce currently has 56 F-16 and 12 Gripen.

The Charles De Gaulle carrier will have a maximum of say 24 Rafale. The UK carriers do not carry any air-defence capable harriers - they are just ground attack so will get shot down by F-16s/Gripens. As for the Spanish, what on earth can they do!

Please keep it coming

 

[anonymus]

Not really. It will spend less to look after them. China will not develop a social security system like the EU to hold them back.

Anyway, China's GDP/capita(PPP) is currently at over 10,000 US dollars and is forecast to near 20,000 by 2020 so the country could easily reach 30K in 15-20 years time. Remember China still has 1-2 decades of "catch-up" growth left in it.

Only one problem,

With Economic growth, GDP and GDP (PPP) converge as price adjustment. So China's GDP Per capita would not be so super as you are assuming it to be.

 

[Audio]

@Audio - Ok, you really want to make me laugh tonight

The Thai airforce currently has 56 F-16 and 12 Gripen.

The Charles De Gaulle carrier will have a maximum of say 24 Rafale. The UK carriers do not carry any air-defence capable harriers - they are just ground attack so will get shot down by F-16s/Gripens. As for the Spanish, what on earth can they do!

Please keep it coming

Give it two years son, instead of the Harriers on Italian and Spanish carriers and LPD's there will be F-35. They also carry air defense weaponry on harriers nowadays. A large UK carrier is near completion as well.

Even now, those carriers would be accompanied by air defense destroyers that would make a life of a Thai pilot very dangerous. De Gaulle has room for 40 aircraft, at least 30 can be Rafale's. You know nothing. Just crying...welfare check late?

 

[UKBengali]

Only one problem,

With Economic growth, GDP and GDP (PPP) converge as price adjustment. So China's GDP or Per capita would not be so super as you are assuming it to be.

Actually I only projected 7-8% a year till 2020 which is the same as most major economic analysts. From 2020-2030 5% a year is quiet reasonable estimate so that takes them to 30K in both PPP and nominal by 2030- I do not expect the US currency to any longer be the sole world's reserve currency by then.

 

[UKBengali]

Give it two years son, instead of the harriers on Italian and Spanish carriers and LPD's there will be F-35. And they also carry air defense weaponry. And a large UK carrier is near completion as well.

And even now, those carriers would be accompanied by air defense destroyers that would make a life of a Thai pilot very dangerous. De Gaulle has room for 40 aircraft, at least 30 can be Rafale's. You know nothing. Just crying...welfare check late?

"And a large UK carrier is near completion as well" - Current estimate of the IOC of the UK carrier is 2020 so that is miles in the future. Thailand will be scared of Italy and Spain?

Anyway the UK is thinking of leaving the EU and does not give jack about EU. The governing coalition have even talked about holding a referendum on leaving the EU.

"You know nothing"

Please keep the lines coming. It is so entertaining.