Obama supporter, Goldman Sachs, says China could overtake US economy by 2027

Discussion in 'Politics' started by Neotrotsky, Nov 21, 2011.

  1. Neotrotsky
    Offline

    Neotrotsky Council to Supreme Soviet

    Joined:
    Dec 12, 2009
    Messages:
    10,402
    Thanks Received:
    1,255
    Trophy Points:
    245
    Location:
    People's Republic
    Ratings:
    +2,350
  2. Matthew
    Offline

    Matthew Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    49,684
    Thanks Received:
    4,596
    Trophy Points:
    1,885
    Location:
    Portland Oregon
    Ratings:
    +15,161
    If Obama is elected to a second term, I'd say China will over take us before his second term ends.
     
  3. Neotrotsky
    Offline

    Neotrotsky Council to Supreme Soviet

    Joined:
    Dec 12, 2009
    Messages:
    10,402
    Thanks Received:
    1,255
    Trophy Points:
    245
    Location:
    People's Republic
    Ratings:
    +2,350
    Yes it has started

    [​IMG]
     
  4. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    They've got an national economy with over a billion people.

    I'd say that sans some event that nobody can predict, China will inevitably have a larger economy than ours.

    Of course, there's many a slip twixt cup and lip.
     
  5. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,211
    Trophy Points:
    270
    Ratings:
    +7,678
    If you read up on Goldman Sachs, you'll see that that is the plan. The ChiComms aren't beating us at our own game, wealth is being TRANSFERED to China through huge Banking Conglomerates like Goldman Sachs.

    You can't beat the US Militarily but you can sure as sh*t bankrupt them.
     
  6. Katzndogz
    Offline

    Katzndogz Diamond Member

    Joined:
    Sep 27, 2011
    Messages:
    65,659
    Thanks Received:
    7,418
    Trophy Points:
    1,830
    Ratings:
    +8,337
    In China nobody is protesting the right not to work. That's why they have those factories.
     
  7. Sallow
    Offline

    Sallow The Big Bad Wolf. Supporting Member

    Joined:
    Oct 4, 2010
    Messages:
    56,535
    Thanks Received:
    6,132
    Trophy Points:
    1,840
    Location:
    New York City
    Ratings:
    +7,394
    Thanks, in large part, to the conservative mindset. They actually want a big military and screwed up social strata. You do that by cutting social services, like education, and offshoring high tech jobs.

    Good job boys.

    :clap2:
     
  8. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,211
    Trophy Points:
    270
    Ratings:
    +7,678
    Wall Street put Obama in office. What you don't understand is that the Mega Banks OWN both Parties. Now that Obama can't keep the people at bay, another teleprompter reader will be put in his place.

    Wake up Sallow, you aint stupid.
     
  9. Sallow
    Offline

    Sallow The Big Bad Wolf. Supporting Member

    Joined:
    Oct 4, 2010
    Messages:
    56,535
    Thanks Received:
    6,132
    Trophy Points:
    1,840
    Location:
    New York City
    Ratings:
    +7,394
    They didn't "put" Obama into office, they hedged their bets. And, admittely, it was money well spent..as most of them basically got their bonuses and kept out of jail. But the other side of that coin would have done very much the same thing without Dodd/Frank.

    And at least, Obama is talking about the currency shennigans played by the Chinese. That's pretty major. But it's a tough slog because of many of the practices carried out by the US government, like farm subsidies.

    At some point there has to be a recognition that proper regulatory and tax practices are the way to grow and sustain a volatile economy. We now have a government so rooted in hardened ideological trenches that it's impossible to construct robust policy in dealing with an ever changing geo-political and economic environment.
     
  10. Sallow
    Offline

    Sallow The Big Bad Wolf. Supporting Member

    Joined:
    Oct 4, 2010
    Messages:
    56,535
    Thanks Received:
    6,132
    Trophy Points:
    1,840
    Location:
    New York City
    Ratings:
    +7,394
    Ah..so you've been to China? I loved Shanghai..what a great city. And perhaps you missed the protests.. :lol:
     

Share This Page