The world's leading economic power

[toomuchtime_]

Gallup Poll. Feb. 9-12, 2009. N=1,022 adults nationwide. MoE ± 3.

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"Which one of the following do you think is the leading economic power in the world today: [see below]?"

China 39%

US 37%

Japan 10%

EU 7%

Russia 2%

India 1%



"Looking ahead twenty years, which one of the following countries do you expect to be the world's leading economic power at that time: [see below]?"

US 45%

China 34%

EU 7%

Japan 6%

India 4%

Russia 1%

International Trade

 

[auditor0007]

Gallup Poll. Feb. 9-12, 2009. N=1,022 adults nationwide. MoE ± 3.

.

"Which one of the following do you think is the leading economic power in the world today: [see below]?"

China 39%

US 37%

Japan 10%

EU 7%

Russia 2%

India 1%



"Looking ahead twenty years, which one of the following countries do you expect to be the world's leading economic power at that time: [see below]?"

US 45%

China 34%

EU 7%

Japan 6%

India 4%

Russia 1%

International Trade

This poll is hilarious. Based on GDP, the EU is number one, followed by the US. China's economy is less than one third that of the US and one quarter that of the EU. On top of that, China's economy relies ever so much on the US and EU economy.

As far as strength of the current economy, some people might consider China's to be stronger as they are still experiencing growth. However, even their economy may begin to contract soon.

Long term, China has the opportunity to become the world's largest economy, so long as their middle class continues to grow. The more their middle class grows, the more people that will be able to purchase the products they produce within China itself.

 

[editec]

I believe that the USA's economy is still larger than any other.

In relationship to other nations, no doubt it will lose that advantage, but the USA will continue to be a very dominant economy in the world for all the reasons it became a dominant economy to begin with.

We have a mature demcoratic republic operating as a mixed economic system, a large highly educated population with some degree of wealth, a huge land with an enormous amount of natural resources, too.

We have been pissing many of those advantages away, but we were so profoundly wealthy to begin with, that it's taken two generations for those foolish policies to really SNAFU our economy.

We can and probably will recover, folks.

The trick is to survive long enough, economically speaking, to enjoy the recovery.

 

[toomuchtime_]

Gallup Poll. Feb. 9-12, 2009. N=1,022 adults nationwide. MoE ± 3.

.

"Which one of the following do you think is the leading economic power in the world today: [see below]?"

China 39%

US 37%

Japan 10%

EU 7%

Russia 2%

India 1%



"Looking ahead twenty years, which one of the following countries do you expect to be the world's leading economic power at that time: [see below]?"

US 45%

China 34%

EU 7%

Japan 6%

India 4%

Russia 1%

International Trade

This poll is hilarious. Based on GDP, the EU is number one, followed by the US. China's economy is less than one third that of the US and one quarter that of the EU. On top of that, China's economy relies ever so much on the US and EU economy.

As far as strength of the current economy, some people might consider China's to be stronger as they are still experiencing growth. However, even their economy may begin to contract soon.

Long term, China has the opportunity to become the world's largest economy, so long as their middle class continues to grow. The more their middle class grows, the more people that will be able to purchase the products they produce within China itself.

What surprised me was the low rating the EU got and that few thought the EU would be a significant economic power in the future.