onedomino
SCE to AUX
- Sep 14, 2004
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And your point is what? The US economy is much larger than those in Asia (or anywhere else). The US economy is what? $12 trillion? The Chinese economy is what percent of that? And the Indian economy? When you compare the US economy to China or India, you are comparing a gigantic economy to medium economies. If the US economy grew at the rate of the Chinese economy, it would consume the Earth in a few months. It is not statistically fair to compare the US economic rate of growth to that of China and India. Anyway, the Chinese rate of growth would be much (much, much) smaller if their currency was allowed to float on International money markets; instead, it is artifically pegged to the US dollar.Mr.Conley said:Really? Because the facts tell us that the Indian economy is growing at about twice the rate as the US economy, and the Chinese economy is growing at nearly three times the rate of the US economy.
We're fallable. Even you have to admit that.