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GDP Update 2023: US ($27.5T) vs CHINA ($17.6T) [US up by $10 Trillion]

Pot calling the kettle black ain't gonna resolve the US financial problem.

Sleepy Joe can't fix the issue with his woke cabinet.

The price of food and gas in the US has gone sky high.

Lower Middle class (even Middle class) folks are finding it hard to make ends meet.

I live in the West Coast and I know.....

Some American posters are financially illiterate and should not even post these sorts of topics like the thread starter.
 
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US consumers this summer pay $28 for a takeout salad and $68 for a seasonal barbecue,
lol, enjoy

American Insulin Prices Are off the Charts​

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Inflation is now sub 3%

Enjoy decades of deflation
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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The International Monetary Fund forecasts China's growth coming in at 4.5% next year and the 3% range in 2026.


The Chinese deceleration is real and at the worst possible time as China enter’s catastrophic demographic decline in the 2030s and beyond.
 
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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.


The Chinese deceleration is real and at the worst possible time as China enter’s catastrophic demographic decline in the 2030s and beyond.

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.
 
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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.
 
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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.
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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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.
God damn you're a slow mf ain't you...

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Meanwhile in China...crumbling infrastructure
 
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God damn you're a slow mf ain't you...

View attachment 943566



Meanwhile in China...crumbling infrastructure
LOl, 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.


Why public transit in US is so awful?

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.
 
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LOl, 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.


Why public transit in US is so awful?

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.
https://twitter.com/ana_petrov1/status/1686622268741365761

Crumbling infrastructure
 
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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.
 
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