>>> China's is already 1/2 th the size of the U. S. economy.
>>> That comes out to be 6 years for double digit growth rates.
>>>>It has to bridge the gap between a $3-4trillion gdp
>>>> and a $13-14trillion gdp.
>>>> Apparently you have some difficulty with basic arithmetic.
>>> You are in a state of denial concerning the size of China's economy.
>> Then so is the official China news agency Xinhua. What's your source?
>> " Last year, the country's gross domestic product (GDP) grew
>> 11.4percent year-on-year to 24.6619 trillion yuan (3.43 trillion U.S.
>> dollars), but the risks of spiraling inflation and economic
>> overheating were also rising."
>
>
> Even using your numbers China's economy is still > 1/5th the size of
> the U. S. economy.
>1/5th is not 1/2 except perhaps in your delusional alternate universe.
>> It would take zero growth in the USA *for decades* for the Chinese to
>> catch us. Decades, Brat.
>> Do the math.
> N = ln 5 / ln 1.114 = 1.61/0.11 = 14 years
>
> That ain't decades.
But it's also not 6years which is what you were blustering. And of
course it assumes continued, unbroken growth of about 10%% in China
and zero growth in the US.
Btw, so what? I've asked you that before. If China did achieve that it
would be one more proof of the superiority of capitalism (and they
would not achieve it without continuing in that direction). And, if
the US had zero growth we would just be roughly in the same category
as your much beloved European welfare states. So, you can hardly
complain.
Do those European welfare states - Tiggy's much beloved "savvy
socialists" - have "free speech on economic issues"?
> And the GOP tax cut stagflation, predicted by the greatest minds to
> last for decades is a result of censorship of economic information
The "greatest minds" being George Soros?
Did this great mind also predict similar stagflation in the European
welfare states?
Fred Weiss
