Doesn't matter. The working class is struggling the same around the world.
@jimliu2560
7 ай бұрын
Life is getting harder and harder for lower working class…
@7knightsoftheround
7 ай бұрын
@JuanVasquez-zz1mxso what flavor of capitalist kool-aid are you drinking?
@ZacharyPackard0976
7 ай бұрын
@JuanVasquez-zz1mxThe system needs and is built to produce fools. No matter how available healthcare education or any social programs mcdonalds and walmart employees will always be needed. Until agi at least, underpaid over stressed under valued and forgotten a valuable backbone to our economy is being hated and passed over due to "just be better" it is ignorant. If everyone is a doctor the world starves if everyone a farmer then we die of disease. All workers should have a basic standard of living. Anything else is beneath us as a species
@AnthonyTolhurst-dw1nc
7 ай бұрын
@JuanVasquez-zz1mx Agreed. If one hasn’t a job, one must study and increase one’s worth in today’s job market. Production lines no longer make the grade; in fact automation will do those jobs better.
@freeworld88888
7 ай бұрын
china is best for working class people. in term of government support. The west they don't give a ssss. even their vetrans are on the street.
@hahhsshs
7 ай бұрын
Instead of discussing war and more war, it is better to discuss the country's economy and the welfare of the people
@jkuang
7 ай бұрын
Depends on how you define economy. If you measure in purchasing power, China has passed US since 2014. China has been the top producer of the world for a decade. But if you add all those financial speculation, US is still ahead of the game. Luckly, the world still uses US Dollars so the financial game is productive.
@levelazn
7 ай бұрын
its trending away from the dollar. so there is a ticking time bomb on the dollar
@Panthers89Fan9000000
7 ай бұрын
@@levelazn says who? The dollar isn't going anywhere globally.
@@levelaznwishful thinking, the world reserve of US dollars as a percentage of total world reserves increases every year. Argentina is a top25 economy in the world and is completely switching their economy to the USD. Brics has existed for 15 years and still has done nothing but talk about creating a new currency someday, meanwhile India refuses to use rubles as a currency for oil purchases from Russia, instead uses USD.
@theMarhaenist
7 ай бұрын
@@Panthers89Fan9000000 Isnt going anywhere. Nor up or down. Thank you💕
@adarshraj7352
7 ай бұрын
Watched the whole video, couldn't say what i understood.
@haoli5779
7 ай бұрын
The way how GDP is calculated between US and China are quite different. By one measure, china generated and consumed 4x electricity than US.
@bladerunner53
7 ай бұрын
China should open up their economy for migrant workers. Sounds like a easy solution but it's much harder for a homogeneous country like China compared to the US which has been built by immigrants.
@Happiness.789
7 ай бұрын
Demographics dividend is possible when young people are educated and skilled. That means health care and education which produces skilled workers. For example, Nigeria and Pakistan also has a huge population but neither they are educated nor skilled. As a result, demographics dividend has become demographics burden with huge youth unemployment.
@illusion9423
7 ай бұрын
It's not that simple. When there's too many young and skilled, and not enough good jobs for them all, you'll also have high unemployment
@diuleisin
7 ай бұрын
The era of demographics dividend is over, it's the era of AI now.
@kordellswoffer1520
7 ай бұрын
@@diuleisinno it’s not. Ai doesn’t work that way.
@omarionbayley9721
7 ай бұрын
And the main reason china surpassed the US in purchasing power was because of the US and the west, and I can bet u didn’t know that. It’s changing gradually tho because a lot of market is moving away from china and is going to India.
@sjgghosh7677
7 ай бұрын
Anyway most probably india will overtake us economy in ppp before 2040 at current rate of growth.. But yeah living standard will still be far far below than that of us
@carlos8040ca
7 ай бұрын
The USA needs to deal with the biggest debt in the world 34 trillion dollars instead of just keep on printing money, stop big spending. If I keep on borrowing money just to pretend a lifestyle that I can afford eventually bankruptcy comes. Nothing last forever
@alanssshh
7 ай бұрын
true
@creamone
7 ай бұрын
Most people in the US living paycheck to paycheck, GDP is an overrated statistic that shows how much an economy is growing. GDP tells you nothing about the citizens debt contrasted to their wealth.
@moaziz23
7 ай бұрын
Underrated understatement
@sladewilson377
7 ай бұрын
@@moaziz23more like when people confuse geopolitics with standard of living.
@ivand0007
6 ай бұрын
Such a lie😂😂😂 if that were true how did people make it through COVID? You think two stimulus checks would be enough to save people living paycheck to paycheck?
@dfdf-rj8jr
3 ай бұрын
Adjusted for purchasing power parity, which includes healthcare and transportation, Americans enjoy highest median income in the world.
@creamone
3 ай бұрын
@@dfdf-rj8jr Yes and at the same time pay higher for goods and services than most countries because of high inflation costs.
@ve7hhs
7 ай бұрын
The audio quality on these teleconference interviews is horrendous.
@blackmaster999
7 ай бұрын
NOTHING LAST FOREVER.
@user-iz3gv5vo6b
7 ай бұрын
A better short simplistic answer is: China is already the world's leading economy. Too bad it's not really a free market. We're just making these videos to make Americans and Indians feel better about themselves. Why even include India whose Nominal GDP is still $1.7 Trillion less than Japan's? India's economy, in the most optimistic scenario, is still 3 decades away from catching either the US or China.
@lembafranck3490
7 ай бұрын
this is just not true and you know it s not true even the cpp does not care about the ppp which is franckly irrelevant to look at the strenght of each economies internationally your propaganda is not working china had a chance they blew it during and after the covid the only threat to america now is india in the long run
@welwitschia3756
7 ай бұрын
We know that
@domcizek
7 ай бұрын
ITS ALL ABOUT DEMOGRAPHICS, THE POPULATION IN CHINA WILL BE ONE HALF OF THE USA BY 2050
@user-iz3gv5vo6b
7 ай бұрын
@@domcizek Only if you expect nuclear armageddon. Otherwise, their population will still be at least 3 times that of the US. Man, learn to read, or do the math!
@mastertrend4685
7 ай бұрын
Really? China looks like a free market more than US.
@horridohobbies
7 ай бұрын
Putting numbers and stats aside, visiting China and USA gives a clearer picture of how well these countries are doing... Walking around Beijing, Shanghai, Guangzhou, Chongqing, etc., you can clearly see that the Chinese are enjoying life. Walking around New York, Los Angeles, San Francisco, Chicago, etc., you can see that Americans are not as happy. These cities are dirty and grungy. There are homeless camps all over the place. Many storefronts are shuttered. Shopping malls lack vibrancy. Public transit is just plain sad. Given the choice of which country I'd rather live in, the choice is pretty clear. (I'm Canadian.)
@HailAzathoth
7 ай бұрын
Now go walk around rural towns in China vs us..... Last I looked rural farmers in US don't eat rats to survive.
@maryammohammdi6413
7 ай бұрын
What about my country iran 😔 is there hope for getting develop?
@maryammohammdi6413
7 ай бұрын
What about my country iran 😔 is there hope for getting develop?
@horridohobbies
7 ай бұрын
@@maryammohammdi6413 Yes, especially now that it has joined BRICS. Iran will enjoy many favourable trade advantages.
@Jul_Nguyen
7 ай бұрын
The hegemonistic fantasy : continuation of the same ideology of slavery, colonialism, neo-colonialism and then ... hegemony \ The decline of the USA is caused by sustaining its military around the world and fighting endless wars ... Western hegemony is on its last leg. Living in denial is not a smart strategy , will have to face reality sooner or later ... The casino economies that produce nothing but weapons, are declining, while the commodity based economies who work hard are rising fast It certainly was not the G-7 that had helped save the Global economy from the 2008 crash. The more United $tates Debts they are printing , the more homeless they have. 5 BRICS nations now contribute more to World GDP than industrialized G7 (in PPP terms) and have been steadily increasing.
@victorhuynh4031
7 ай бұрын
China this year top export in motor vehicle especially EV. China dominated green energy industry, China dominated in ships building, China dominated in highspeed rail construction worldwide, China dominated in steel production, China dominated in world trade, China dominated in rare earth minerals, China also had their own commercial airplane for town domestic flight. In a way, China is really self-sufficient for China economy to continue to grow.
@youtubetv1414
7 ай бұрын
How is an export economy "self-sufficient" cheap labor = more manufacturing
@victorhuynh4031
7 ай бұрын
@youtubetv1414 do you understand what the self-sufficient means?
@abdiganiaden
7 ай бұрын
@@victorhuynh4031yet China bends over to US sanctions. Why?
@youtubetv1414
7 ай бұрын
@@victorhuynh4031 China is the biggest importer of food. The country is unable to feed itself.. I don't see that as self sufficient.
@victorhuynh4031
7 ай бұрын
@youtubetv1414 China is the biggest agriculture producer in the world. China has a large population to feed, China imported more agriculture for strategic reserves and provided China sustainable food supplies to feed 1.4 billion populations. Sometimes, you better not comment on something when you lack knowledge of it.
@TareqMahbub
7 ай бұрын
The fact that you had to make this video says "the current leading economy" is in question 👍
@Moonuuu
6 ай бұрын
Muslim just like China and pray China become superpower because they hate USA 🇺🇸
@MattsFikezolo-lo7wq
7 ай бұрын
Private sector will never sink it's capital on infrastructures like railways, highways, bridges, airports, and, if they invest, the user will have to pay very high. fees
@alexshank1414
7 ай бұрын
Hey! That last city shown was Salt Lake City! My city!
@TheJoker-qn6vw
7 ай бұрын
Short simplistic answer: Yes, US will remain the world's leading economy for some time to come. China still has restrictive politics, capital control's and declining population working against it. With US, consumption, minimal political interferences, capitalism & immigration will always work in its favor etc
@user-ro8tv5nn3k
7 ай бұрын
Lol with a debt of 32 trillion sorry lol
@TheJoker-qn6vw
7 ай бұрын
@@user-ro8tv5nn3k which the government never has to pay-off in full...so yeah, nothing is changing anytime soon, with fiat based money & Fractional reserve banking. So buckle up for the expected booms & Busts that will be coming.
@dennisp8520
7 ай бұрын
Assuming no major world changes like a world war, the US will be in a dominant position without much concern for atleast another 50 years
@KRIPSYNODUTS
7 ай бұрын
@@user-ro8tv5nn3kUS always had the highest debt in the world (Atleast last 50 years), so it’s not a big deal.
@user-ro8tv5nn3k
7 ай бұрын
@@KRIPSYNODUTS yes it is when the debt increase up to 32 trillion.
@LibertyEater
2 ай бұрын
My favourite line “We will be prosperous if we are nice to each other”
@TomNook.
7 ай бұрын
Why is it so important to be No 1? If China earns 1 dollar more than USA, it's not like the US is instantly poor...also bearing in mind China has 4x the population of the us....they would need at least 4x the economy to match the US per capita.
@Patrick-387
7 ай бұрын
They're getting there at a rapid pace.
@kongwee1978
7 ай бұрын
Yes, orelse US will be in depression and having civil wars.
@golmol-wt9jm
7 ай бұрын
@@Patrick-387isnt that good?
@martin96991
7 ай бұрын
Thats the stupidity when you directly compare US per capita with China or any other Asian country without understanding things are 7-10 times cheaper in Asia. They don't need per capita like the US. $12k in China is equal to around $90k -$100k in the US or Europe.
@napobg6842
7 ай бұрын
@@Patrick-387 Not in the last 2 years tho
@mack-uv6gn
7 ай бұрын
Time will tell
@jglg7238
7 ай бұрын
time is on China's side, it has always been.
@huwdavies-tallon3305
7 ай бұрын
@@jglg7238no china demographics are a time bomb china won't overtake America in the next 20 years unless something major happens. China also has what happens after Xi to deal with soon ish.
@wawaMusicRadio
7 ай бұрын
"Living standard in China is 1/3 of that in the US" 🙄B ch Please. You're still using cash/coins; no high speed rail, dirty/old metro system (& only in a few cities); expensive as hell delivery fees, expensive contractor, handyman, or any labor; and a ridiculous tipping culture; high property tax (none in China); inflated grocery prices, and many more inconveniences. Plus you've got a huge population of homeless people, whereas in China it's practically nonexistent. And in China, just the WeChat app on your phone alone allows you to pay & receive money, chat & make video calls, book hotels, flights, and high speed rail, schedule a doctor's appointment, buy groceries with free delivery, order take outs, make Instagram-like posts, pay insurance, and much more. In the US you'd have to wait a week or more to see a doctor, whereas they can see all types of doctors on the same day, then maybe get an x-ray, get treated, and get pills all in one day. NO RIDICULOUS MEDICAL BILLS. And YOU'RE telling me living standards in the US is 3 times higher? PLEASE. Try living here yourself for a day and you'll see how rich these Asians are and how convenient their day-to-day is.
@ihmpall
7 ай бұрын
Hey buddy. In USA we can do what we want to do.. try that in China :)
@napobg6842
7 ай бұрын
Buddy you literally use VPN to even be here! None of what you said matters! The American are not used to use public tranportation hence why there are no HSR and rapid expansion of subways and whatnot. There are more homeless people in China than in the US even compared to the population size. Also you still use coins and paper to pay for things. America is a lot more digitalized than China is. That btw is in absolute terms. The Chinese population is 4.2x larger than the US. The higher prices for food is because of different standards and regulations. There are literally videos of Chinese restaurants using dirty oil from trash to cook food. Oh and btw you still pay full price for your medical bills... There it goes your arguments. Btw if people in China were so well off why are they having such high rates of disposable income yet they have so little in actual money?
@vedants.vispute77
7 ай бұрын
I agree.. for them, the standard of living means something else, living in distanced houses for 300 days and earning high, making kids buy games worth hundreds of dollars, less people.. For Indians this formula does not work. We are much less developed than US/China but majority of us live comfortably with $500 a month.. Except the bad city roads and pollution, its fine that we cant afford a PS5..
@simmybackup5000
7 ай бұрын
biggest cope. explain why immigration is in the direction of the USA and not China. the chinese flood out of their own country.
@BrissoMuvuti-hb2zp
7 ай бұрын
China is already the world's largest economy, look at IMF,s measure PPP
@ramonm.m8844
7 ай бұрын
Economy for who? GDP is not a representative measure when financial insecurity and homelessness are rising yearly even as unemployment is down.
@napobg6842
7 ай бұрын
The homelessness in the US is going down not up
@ramonm.m8844
7 ай бұрын
@@napobg6842 Nah, homelessness has risen 12% since 2022 largely because of corporate greed but also because of the dwindling covid welfare programs that were actually very effective. It's a simple google search.
@stussymishka
7 ай бұрын
USA is blessed. Americans be grateful. remain humble and hard working.
@levelazn
7 ай бұрын
lol.
@travisalexphoto
7 ай бұрын
Found the banker.
@Aerrow62
7 ай бұрын
Humble isn't American. It's all about being pompous and bragging about being no.1 on a chart even as more and more people become homeless and die by drug overdose.
Yes of course, US will remain the top economy for the foreseeable future imo.
@talkinghand4839
7 ай бұрын
That's right. Never bet against the US. President after president had said this. I trust that they've seen all the numbers to confidently say that. Also, you can't beat a free and open society vs. a restricted and closed society. The whole society is free to think and create. This is invaluable to a country.
@TheJoker-qn6vw
7 ай бұрын
These other players still have many domestic quibbles they need to solve first, to challenge the US.
@kshen7485
7 ай бұрын
Per capita? In USA most of capital is in the hand of 1% rich, instead of its bottom population.
@TheLPRnetwork
7 ай бұрын
Though Education alone, plenty of counties will come ahead of the US from that fact alone. Or rather the US will fall behind because of its Education.
@domcizek
7 ай бұрын
PLENTY OF SKILLED EDUCATED WORKERS NOW MOVING TO THE USA, BIRTH RATES IN ALL COUNTRIES GOING WAY DOWN FOR THE FUTURE, AMERICA WILL BE SUPORTED BY ALL THE IMMAGRENTS COMING HERE
@JorgeM270
7 ай бұрын
The US has had a poor education system for at least 60 years now. It doesn't really matter. The US always attracts highly educated and highly skilled immigrants, and the secondary education in the US is actually quite good. I would expect highly educated Europeans to move to the US in higher and higher numbers as the economies of many European countries stagnate. The gap between the US and Europe is only growing.
@domcizek
7 ай бұрын
JUST ANOUNCED ON THE NEWS, CHINA LOST 2 MILLION PEOPLEL IN 2023, THEIR POPULATION IS CRASHING DOWN, WHICH MEANS LOWER ECONOMIC OUTPUT AND LOWER LIVING STANDARDS FOR CHINA , BY 2050, IT IS PROJECTED THAT CHINA POPULATION WILL BE ONE HALF OF AMERICAS, DUE TO ALL THE IMMAGRENTS COMING ACROSS THE BORDER @@JorgeM270
@sladewilson377
7 ай бұрын
@@JorgeM270for a developed nation? Yes. Compared to the rest of the world? USA is still very high.
@KCKnowsBest
7 ай бұрын
70s: Soviet Union will overtake U.S 80s: Japan will overtake U.S. 90s: EU will overtake U.S. 2020s: China will overtake U.S. No matter how much people want America to go, it's simply not easy to replace them
@jeremycormier8559
7 ай бұрын
How could any country surpass America when the deck is stacked in their favor, So as long as the American dollar is the world standard how could any country surpass them. That being said, countries are getting ready to challenge the dollar, the BRICS are making their own currency for that very purpose and since they already have 40% of the worlds population under their wing its an actual real possibility they are gonna do it with success. It doesn't help the dollar the way Russia was treated either it shows world leaders and elites from every single country that your American dollars are only safe if you stick to the status quo of post world war 2. If they actually confiscate billions in Russian assets and give it to Ukraine which they are considering that will be the end of confidence in the Dollar and I guaranteed any country outside of North America and Europe will be looking for alternatives to hold their wealth for the long term. I feel like we have terrible leaders in the west and my confidence is waning, If I had the choice of what century to live my life in it wouldn't be this one lol she's gonna get bumpy on this side of the world.
@outisnemo555
7 ай бұрын
All empires fall. 1970s to 2020s is just 50 years. Rome lasted for 500 plus years and still fell in the end. Give it time.
@carlos54590
7 ай бұрын
Your time scale is too limited. This is just 50 years, but China exists for +5000 years. The chinese know the US will pass, almost every other nation did, yet they remained.
@KCKnowsBest
7 ай бұрын
@@carlos54590 People’s republic of China is only 70 years…..
@KCKnowsBest
7 ай бұрын
@@outisnemo555 well that was my point. We go through this every decade. It may happen but not soon , probably not in our lifetime Rome fell because they kept wanting to expand , seizing more land after land even all the way to Africa. Eventually it got too big to manage/control
@brandonlesco4821
7 ай бұрын
At least someone mentioned GDP by PPP. China overtook USA in 2014, literally a decade ago.
@seanthe100
7 ай бұрын
The problem is there's global commodities like oil that sell the same all over the globe in nominal terms not PPP
@brandonlesco4821
7 ай бұрын
@@seanthe100 the measurement is economic output, so PPP is the appropriate measurement. If the question is, "what can a country buy?" then the exchange rate figure may matter but we wouldn't use GDP to measure that.
@seanthe100
7 ай бұрын
@@brandonlesco4821 PPP isn't economic output it's actually imaginary nominal is in real terms
@brandonlesco4821
7 ай бұрын
@@seanthe100 I would argue that exchange rate numbers are imaginary. Nominal figures are not "real". Not sure if you're equating nominal with exchange rate but PPP is the way to go.
@seanthe100
7 ай бұрын
@@brandonlesco4821 to understand inside a country but on a global scale nominal is the way to go
@lordlee6473
7 ай бұрын
Necessities are 10 times cheaper in China, so even if on paper China is 1/5 of USA in terms of GDP per capita, the real quality of life is much higher
@slammerw3
7 ай бұрын
So true. I’m in Shanghai atm and the cost of living is EXTREMELY affordable. Food delivery is just 1 or 2 yuan and no tips. Subways are less than 50 cents a ride.
@martin96991
7 ай бұрын
They compare gdp per capita without adjusting the parity which is foolish but china take advantage of this comparison and claims itself to be a developing country (which is not true) to reap the benefits a developing nation gets.
@RajShekharSingh
7 ай бұрын
China is 10 times cheaper... Man which world do you live in.
@martin96991
7 ай бұрын
@@RajShekharSingh see yourself, Almost every Asian country is 7-10 times cheaper than the west, check the prices of food and commodities.
@wawaMusicRadio
7 ай бұрын
@@RajShekharSingh I'm an American currently in China and yes, 10 times cheaper. Which world do YOU live in??
@neo26
7 ай бұрын
Chinese CC-P just showed its true face a bit too early before becoming a leading economy
@gmanlee575
7 ай бұрын
Couldn't bide anymore time numbers dont lie uncle sam caught wind
@havingdinneramaster
7 ай бұрын
中国人向来是比较谦虚的,我认为我们对世界霸主的地位没啥兴趣。 党和国家制定的文件也从来没有这种描述
@Ye_fan.
6 ай бұрын
@@havingdinneramaster Humility is just a rhetoric of China's modern decline, and China has always been very arrogant since ancient times.
Half the stuff the professor from NYU is saying is unintelligible
@DevoutSkeptic
7 ай бұрын
The short answer is yes.
@user-ro8tv5nn3k
7 ай бұрын
😂Short answer is no. With a debt of 32 trillion I don't think so
@Dave05J
7 ай бұрын
@@user-ro8tv5nn3kno one cares about what you think!
@Supremeleader6997
7 ай бұрын
@@user-ro8tv5nn3kthe total dept of china including their private sector dept is 300 persent of their GDP
@Mia-sp5wh
7 ай бұрын
@@user-ro8tv5nn3kif you check many countries have a big debt not only the us
@Mia-sp5wh
6 ай бұрын
@@user-ro8tv5nn3kmuch of that money is own to itself
@lucaswoodward4061
7 ай бұрын
The Israel and Hamas war is about…water?
@stevegia9870
7 ай бұрын
That made me question everything in the segment.
@luislopes806
7 ай бұрын
The U.S. economy in 2023 outperformed expectations along three key dimensions: growing economic output, labor market resilience, and slowing inflation. The U.S. economy expanded a whopping 4.9% in quarter-on-quarter annualized terms in Q3. This was more than double’s Q2’s rate and well above the pre-pandemic average. It was also particularly impressive in the international context: Most G7 economies are expected to have broadly stagnated in Q3. Higher private consumption was the key driver, buoyed by falling inflation and a still-hot labor market-the economy created over 300,000 jobs in September, the second-largest increase so far this year. But the economy is no one-trick pony: The latest data also showed strong expansions in exports and government spending. Fixed investment-which had surged in the past two quarters as firms rushed to build factories following the passage of the CHIPS and Inflation Reduction Acts-lost steam but still expanded for the third straight quarter. We offer three key conclusions: # The United States has seen a particularly strong GDP recovery and is on track this year to reach the level that would have been predicted by the pre-pandemic trend. #Global labor markets continue to strengthen, and the United States has been especially resilient. #U.S. inflation has cooled sooner and more quickly than in other advanced economies. Source: FocusEconomics Date: 27th - Oct - 2023
@protagonist9716
7 ай бұрын
A third of the growth is attributed to US borrowing more and the deficit has swollen to 30 trillion+. With BRICS now hell-bent to bring down the dollar, US will not be able to borrow money like it does today and the deficit growth will slow down
@domcizek
7 ай бұрын
ALL DUE TO BIDENS EDCELLENT POLICIES FOR THE FUTURE
@thomasrogers9146
7 ай бұрын
The chinese population os 4x the size of the u.s and by numbers china is going to have a larger population of elderly people. I have been to both india and china, india is 70 years behind china. In my view china is emerging as a strong economic and political model for the global south 85% the global population.
@Supremeleader6997
7 ай бұрын
In that case china is 100 years behind the USA 😊😊
@ksrawat88
7 ай бұрын
So you are not been to USA then. How many years china is behind USA, lets not talk about ghost buildings on debt money
@vickyinsanity
7 ай бұрын
70 years, are you a caveman ? Get some statistics of China in 1950s
@KungFuWizardOfJesus
7 ай бұрын
@@Supremeleader6997 Keep coping lmao
@Supremeleader6997
7 ай бұрын
@@KungFuWizardOfJesusyou too 🐷🤡
@user-wr5rx8bx2u
7 ай бұрын
Usa standard of living is so good that there own people cannot live in that standard 😂
@VNn2023
3 ай бұрын
First, sorry for my bad english. China living cost is, by fat, low than USA, so with GDP per capita with cost of living, China is the number one in the world right now. Luxembourg is the richer and Switzerland is the best country in the world.
@adeshamargome
7 ай бұрын
From many perspective,it is difficult for China to overtake U.S economy.
@victorhuynh4031
7 ай бұрын
What did you base your perspective on?
@victorhuynh4031
7 ай бұрын
You know, China has grown at 5.3% at 18 trillion dollars GDP. China has been double the US growth rate even with the US trade war and technology war. 😂
@Supremeleader6997
7 ай бұрын
@@victorhuynh4031china GDP in 2021 was 17 trillion and grow only to 18 trillion even in 2023 GDP of USA was 22 trillion and it is now a whopping 26 trillion the difference is actually getting bigger. And china only grow by 3 persent in 2022
@justinsmutek8541
7 ай бұрын
Can we really trust how strong China says their economy is
@gamingwitharlen2267
7 ай бұрын
Population going down always leads to stagnation
@rasikakelum7827
7 ай бұрын
8:40 Did she say Israel Palestine war is about water lol
@simonallert11
7 ай бұрын
To some extent yes, Israel "steals" water from Palestinians in the West Bank
@adityakumarsingh9930
7 ай бұрын
Rich grow richer
@MAG320
7 ай бұрын
The US needs to lose the worlds largest economy trophy. Theres no need to be #1 in everything.
@tonii5690
7 ай бұрын
I think the question is geared more towards investors. It was thought that China would soon be the biggest economy so investors put a lot of money in Chinese companies. Now that no longer seems to be the case investors are now pulling money out of Chinese businesses and investing elsewhere. Covid is another reason why investors are pulling their money out of China.
@JohnDoe-qz3qi
7 ай бұрын
No.
@djp1234
7 ай бұрын
I still can't get over sewer oil being used in restaurants in China. I've never seen anything like it.
@davidt1645
7 ай бұрын
Objectively this is dated news from 10-20 years ago when most of China was still in poverty. Few restaurants are still using sewer oil in 2024 considering that it can warrant the death penalty in China. Frankly, only people who keep circulating “sewer oil” in China like it’s still a thing are those who want to dehumanize Chinese people and depict China as uncivilized. Honestly odd because China never denies being a developing nation and being extremely impoverished just a few decades ago.
@ksrawat88
7 ай бұрын
Yes and fake synthetic food
@KungFuWizardOfJesus
7 ай бұрын
Lets not pretend that food in the US won't give you cancer or a hundred other problems
@djp1234
7 ай бұрын
@@KungFuWizardOfJesus still better than sewer oil
@HailAzathoth
7 ай бұрын
@@KungFuWizardOfJesus lmao ok bro go eat plastic rice and gutter oil in china and tell me how much healthier it is than us street food 😂
India will be the biggest eventually. It will become great again!
@monkeeseemonkeedoo3745
7 ай бұрын
But it has to centralize a bit first, I think. Just look at the agricultural sector, it's super inefficient and still not modernized. And there was extreme resistance to the needed changes that Modi tried to push through. The bureaucracy is also insane, I hear. I think if it can overcome these kinds of internal obstacles in a peaceful and constructive way, I think you're right that India's demographics and dynamism would make it number 1.
@pratik6342
7 ай бұрын
@@monkeeseemonkeedoo3745 The reforms are already happening. It will take some years for people to get ready for drastic changes but the gradual change is happening. Where the world is at its peak, India has just begun.
@theotheleo6830
7 ай бұрын
If all of the thousands of sanctions, blacklistings, and tariffs go as planned, then yes, it will remain in 1st place, at least until it comes time to repay the $34T.
@victortoba-ogunleye4056
7 ай бұрын
they owe the majority of the 34 trillion to themselves not other countries
@napobg6842
7 ай бұрын
You talk about the debt without any context. This is how you see a disingenuous person
@HailAzathoth
7 ай бұрын
Oh look someone else who doesn't understand economics
@tonyc1200
7 ай бұрын
USA has 300M and China has 1200M people. What are the numbers when comparable factors are divided by the top 300M of China??
@grahamjones5400
7 ай бұрын
We cant predict the future, wait and see
@3.14pai3
7 ай бұрын
As a Chinese young people cannot find job. All ckmpanies are cutting headcounts to save cost. Competition is everywhere,a lot of industries are suffered from endless low cost requirement. And recently the air quality is really a disaster, as result of sacrificing environmental reservation to keep GDP growth.
@shewagdhanush1391
7 ай бұрын
Are you from China?
@oscar18777
7 ай бұрын
WE GOT TO STAY THE #1 IN EVERYTHING AND WORK TOGETHER WELL WITH THE WORLD AND UNTIED! USA 🇺🇸
@ThatJPGamer
7 ай бұрын
We’re literally number one in nothing except nominal GDP
@maryammohammdi6413
7 ай бұрын
@@ThatJPGamer100% agree Whole America is immigrants
@zzz-le5vd
7 ай бұрын
美国是如果通过制裁名单来保持第一的,这就令人感到可笑了
@sladewilson377
7 ай бұрын
@@ThatJPGamerwell also largest exporter in the world, most powerful military in the world and so much more.
@AS-ds4in
7 ай бұрын
US is 1st in GDP nominal and 2nd in GDP PPP. And the US is still a global benchmark in many ways. They have the strongest military, best space industry, best intelligence agencies, best software industry, best financial industry, near the top if not top in scientific research,2nd biggest in manufacturing . Most popular movies are from USA. US dollar is the major world reserve currency and economic figures of other nations are often stated in US dollar, GDP PPP is measured relative to the US.
@franklei9348
7 ай бұрын
Yes, collective action is better than national action.
@kaicharette6017
7 ай бұрын
The audio quality is quite poor.
@ld871111
7 ай бұрын
Yes, even if China and India will one day be bigger, the US will remain a top 3 world economy for the next century.
@domcizek
7 ай бұрын
CHINA WILL NOT BE BIGGER, VERY LOW BIRTH RATE AND CAN NOT CORRECT , ITS TO LATE FOR CHINA, IN 1940 THEY LIMITED WOMEN TO ONLY HAVE ONE BABY, SO NOW NOT ENOUGH WORKERS IN THE FACTORIES, NOBODY WANTS TO MOVE TO CHINA, EVERYBODY WANTS TO MOVE TO THE USA, IMMAGRATION WILL SAVE AMERICAS ECONOMY IN THE FUTURE, BECAUSE AMERICAN WOMEN ARE NOT HAVING ENOUGH BABIES TO GROW UP AND WORK IN THE FUTURE, IMMAGRATION WILL SOLVE THAT PROBLEM
@narayansingh9407
7 ай бұрын
No doubt.
@gamingwitharlen2267
7 ай бұрын
China won’t be bigger, India’s situation is tbd
@pablosel3857
7 ай бұрын
China is 35% behind US and its economy is starting to lag behind
@hellothere1656
7 ай бұрын
@@gamingwitharlen2267 China's definitely will get bigger. Their only issue is possible population decline but the rise in automation by that time would negate that effect.
@j562gee0hdeewestsdegethemuLa
7 ай бұрын
Reserve currency = yes .
@SanLucas-hr8pf
7 ай бұрын
Who cares about mickey mouse money???😂😂
@gfuah1499
7 ай бұрын
@@SanLucas-hr8pfummm apparently every country on the planet, especially during times of uncertainty.
@eddy5380
7 ай бұрын
@@SanLucas-hr8pf if not you prefer dictator currency? LOL
@ChandanMishra-ql1bi
7 ай бұрын
Not for long 😂
@The_White_Knight1945
7 ай бұрын
@@SanLucas-hr8pf80% do world
@AlishaAdams-j5n
Ай бұрын
For those of you reading this comment, it's okay, it's normal to feel lonely sometimes, if you're going through tough times, keep trying, but never give up,
@ShnNar1000x
7 ай бұрын
China is using industrial robots at about 12 times that of the US. The various US tech sanctions are certain to add rocket-fuel to China's tech development. In China, about 45% of the population live in the rural areas, meaning there is still a lot of economic potential to be unlocked in urbanization. Also, Chinese save about 30% of their income. If the govt can unlock that, China will surge ahead. I don't think that most of these economists are taking the full range of factors into consideration. One thing to remember is that economists have been predicting China's collapse for decades. It has not happened yet, which may suggest that most economists don't know what they are talking about in respect to China. By PPP, China is already the size of Japan bigger than the US. That will only continue to grow.
@KCKnowsBest
7 ай бұрын
Economist also predicted Soviet Union will pass the US in the 70s, Japan will pass the US in the 80s, EU will pass the US in 2000s , now china will pass US. We go through this every decade yet the U.S is still standing.
@xoho3462
7 ай бұрын
@@KCKnowsBestwith soviet and japan, it was simply a prediction of who can rise to the top faster. Now, china is rising at an unprecedented speed and US is not only stagnant , but declining in every aspects. I would say it’s a bit of a different situation.
@KCKnowsBest
7 ай бұрын
@@xoho3462 in decline is a bit stretch. That’s what ppl are praying for and propaganda being spread around. About 60%+ of the world’s top companies are American. Apple, Google, Microsoft, Meta, Facebook, nVidia , etc It still leads in AI , space exploration , chip designing & military tech. Should I show you all the military tech China has stolen from USA ? Tesla, an American company led this whole electric car thing & why the world is switching fast. The New York stock exchange ($24 Trillion )& Nasdaq ( $20 Trillion) are the 2 largest stock markets in the world. Both in USA. The next closest is Shanghai Stock exchange ( $6trillion) The US also project far more soft power than China does . McDonald’s , Starbucks, Hollywood movies, rap music, country music , NBA basketball, Target. There are more KFCs in China than USA (its own country ) etc. Not only has Chinas economy slowed this year/post COVID , their aging population is going to continue hurting them. Most companies are also beginning to diverse to India and Mexico. Mexico is becoming the new production powerhouse
@emmanuilushka
7 ай бұрын
No one expected China will obtain full cycle of high-end chips production. Now they have their own DUV 28 nm machines which was unimaginable. SMIC working on 5 nm chips on ASML DUV equipment. Dominance of Chinese EVs. That's what matters No one thought China will overcome USA in 2020s. It was 2050 always as estimated date. China has 40% of rural population. It's enormous source of future growth. This episode shows how frightening for Americans Chinese World's Leading status is. It's like antemortem muttering.
@skybananaqueen4051
7 ай бұрын
别装了美眉
@NerdJoshua
7 ай бұрын
Alright, Chinabot
@ender8759
7 ай бұрын
BYD Just surpassed Tesla...
@faisalrazaq9104
7 ай бұрын
Everything is frightening for America.
@HailAzathoth
7 ай бұрын
Wow look at all those lies 😂
@bt2598
7 ай бұрын
Most of the wars are about water, that was my most interesting takeaway
@martinchristianaguilar5135
7 ай бұрын
Oil: bruh
@gvraochowdary7355
7 ай бұрын
Recently Russian federation president Putin announced 1)China, 2)USA,3) India,4)Russia,5)Japan.......this is respectapul personality of world announced...
@SKumar-mj6gf
7 ай бұрын
I would like to point out these western analysts that GDP per capita is more accurate on Purchasing power parity per capita because it is within the country.
@harshdhillon6263
7 ай бұрын
Exactly
@joehuisoft1385
7 ай бұрын
Sure, The U.S. will remain The World's Leading Economy. No doubt about it.
@Patrick-387
7 ай бұрын
it won't.
@gamingwitharlen2267
7 ай бұрын
It will remain the strongest unless India’s population never goes down.
@joehuisoft1385
7 ай бұрын
@@gamingwitharlen2267 Indians(CEOs and vice/presidents) are taking over USA now.
@sladewilson377
7 ай бұрын
@Harrappa this century will be another American century. American hegemony will remain for this century.
@sladewilson377
7 ай бұрын
@Harrappa China will probably fare worse than either USA or India with its demographics. Demographics are destiny
@Aryeh-o
3 ай бұрын
the notion of economic performance & governments is not ideal. governments have a tendency towards wokeness & populism and not listening towards the voice of development.
@DruvRatee
7 ай бұрын
What nonsense question is this!! USA is and has always been number 1. It’s not about the economy it’s their geographical location!!
@santiagocarreno5881
7 ай бұрын
I am not from the US, nor do I live in the US, but I do want to add my opinion; I remember perfectly back in 2007-8, the consensus was that China was to surpass the US economy sometime between 2017-2020, it didn't happen; then the consensus was that it was going to happen surely before 2030, it won't happen; now, the consensus is saying until 2040. Maybe it will happen, I don't know; but my point is, never in history has a declining country have so much data of the big picture; what I mean is, that the huge availability of the macrotrend information is allowing countries, and in this case, the US, to actually do implement programs to avoid what seemed to be inevitable
@chubiforever1
7 ай бұрын
It did happen. Because the us manipulates the global finance system with its dollar. It's economy APPEARs bigger but if you account for differences in cost of living. China is definitively ahead
@levelazn
7 ай бұрын
it happened already in 2014
@shiptj01
7 ай бұрын
That's true if you are only looking at GDP. China has more skilled labor than the US. Also, intelligence and competence are celebrated in China, but definitely not in the US. China is only behind because the US has been rigging the game since the end of WWII and because China is such a repressive country. However, they have much potential.
@pushslice
7 ай бұрын
^^ levelheaded voice of reason . Like it or not, the PRC will never match the US. Their feckless government demonstrates that for every one step forward, they stumble two steps back.
@davidcelisr
7 ай бұрын
@@shiptj01, this! If China manages to unchain free from Xi's current policies, it may unlock sustained growth for decades to come
@yongjinnkim9207
7 ай бұрын
The problem lies in where you see the world with your delusion made by your hope and hate, instead of reality.
@amunra5330
7 ай бұрын
Honestly you get more bang for your buck in China.
@alexprinsrealestateagent1263
7 ай бұрын
America will stand a chance if we can get a new president in office.
@allstar2709
7 ай бұрын
Kamala 2024
@francojustthat156
7 ай бұрын
@@allstar2709
@albertjr.wagner5823
7 ай бұрын
The Shifting Landscape of Global Economic Power: A Tale of Two Titans and a Rising Star The global economic dominance is undergoing a fascinating transformation, marked by the interplay of established powerhouses like the United States and China, and the meteoric rise of an economic contender - India. The US: Holding onto the Reins, but Facing Internal Headwinds While the United States remains a wealthy nation, its position as the sole major player in the global economic arena is teetering. China's earlier projections of eclipsing the US in the late 2020s were disrupted by post-pandemic economic woes. The nation grapples with internal challenges like: Diminished confidence in future growth: Public skepticism casts a shadow on economic prospects. Housing market tremors: The real estate sector faces significant hurdles, threatening stability. Lingering COVID scars: The slow recovery from pandemic measures continues to hamper progress. Demographic dilemmas: An aging population and declining birth rate pose long-term concerns. These factors highlight the potential vulnerabilities underlying the US's economic standing. However, it's crucial to acknowledge the nation's enduring strengths: Unmatched private sector dynamism: American innovation and investment in cutting-edge technologies like AI, robotics, and automation remain unparalleled. Abundant natural resources: Low electricity and land costs contribute to a robust manufacturing base. Yet, internal discord in the form of a divided political system and partisan gridlock poses a significant threat to future economic progress. To retain its top spot, the US must address these internal roadblocks and strategically utilize its inherent advantages. China: A Colossus with Cracks, Yet Undeterred Despite recent economic stumbles, China boasts formidable economic fundamentals, including: The world's most sophisticated supply chain: China's logistical might provides a substantial economic advantage. Global financial clout: Being the largest foreign direct investor, trading partner, and lender to numerous countries grants China immense economic influence. However, China also faces its own set of hurdles: COVID's lingering impact: The pandemic's continued effects and the nation's de-globalization policies create economic uncertainties. Disparity in living standards: While China's consumer market holds immense potential, the significant gap between Chinese and American living standards remains a critical issue. Demographic limitations: China's declining birth rate and aging population present long-term challenges to sustained economic growth. Crackdown on the private sector: Recent policies towards private businesses raise concerns about stifling innovation and hindering economic dynamism. Despite these challenges, China's potential to overtake the US as the world's largest economy by 2037 remains a distinct possibility. Its sheer size, combined with strategic resource allocation and continued technological advancements, could propel it to the top spot. India: The Rising Star in the East While the US and China battle for economic supremacy, India's ascension deserves attention. The nation has emerged as the fastest-growing economy among G20 members, propelled by: Demographic dividend: India boasts a young population compared to other major Asian economies, creating a thriving workforce and consumer base. Economic outperformance: India surpassed the UK in 2021 and continues to exhibit impressive economic growth. However, India faces its own unique challenges: Sustaining high growth: Matching China's consistent economic performance over the long term will be a crucial hurdle for India to overcome. Heavy reliance on public sector: Unlike China's initial model, India's current trajectory of high dependence on government spending necessitates greater private sector involvement for sustained growth. While surpassing the US as the world's largest economy might not be on the immediate horizon for India, projections suggest this could become a reality by the 2080s. Beyond the Bilateral Battle: A Call for Global Cooperation The shifting landscape of global economic power underscores the interconnectedness of the world. Amidst global challenges like the pandemic and the Ukraine war, international cooperation emerges as an essential element for collective prosperity. Focusing on common global goods like the hydrological cycle and fostering collaborative solutions to shared challenges will be crucial in navigating the evolving economic landscape and ensuring a sustainable future for all nations.
@otrimapramanikdas7154
7 ай бұрын
More so is that the Indian economy expanded by 185% in 10 years from 2 trillion in 2014 to 3.956 trillion dollars today. It is the third wealthiest nation by total wealth value (20.651 trillion dollars). It has also made meteoric advancements in infrastructure, technology, manufacturing and exports. It will probable 3rd largest by 2028, 2nd by 2060. SO, India might become largest by the endo of the century like 2090 or 2095.
I would not put India on this list. I suggest replacing India with Russia. Russia's advantages are obvious. It has the largest territory and the potential of infinite resources. Global warming has caused land in Siberia to thaw and become arable. Russia's population is about to explode.
@uncommon_name9337
7 ай бұрын
The gap is just closing by a bit but its a very big gap, America has nothing to worry about.
@thomasrogers9146
7 ай бұрын
The west for the last 30 years have been predecting chinese collapse. China is behind in technology, the chinese can not innovate because they are not a democracy, the chinese economy is centrally planned and its economy not a western model can not succeed. China is going to collapse due to its real estate sector..But china has never collapsed . chinas gdp was 5.2% last year and better than the u.s at 4.9% and the u.s is doing better economically. China's demographic collapse is the new china collapse theory. india has the worlds largest population,yet a gdp of 3.4 trillion dollars. Africa total gdp.1.3 billion people 3.9 trillion. Germany 80 million people has a higher gdp than both india and africa combined. China leads the world in automation and robotics. it's does not need a massive work for its new economic model advanced industries. population has nothing to do with economic prosperity, its the quality of a nations population and has the worlds most technological skilled work force.
@johnnysins6851
7 ай бұрын
War based economy vs hard earned money economy Let's see who will win in future
@Jul_Nguyen
7 ай бұрын
"You Crane" be another losing war like Iraq, Afghanistan, etc. ? The decline of the USA is caused by sustaining its military around the world and fighting endless wars .. The casino economies that produce nothing but weapons, are declining, while the commodity based economies who work hard are rising fast.
@Jul_Nguyen
7 ай бұрын
We have been seeing a monumental shift for years now, and there are many events like the China joining WTO, BRI, BRICS, 9/11, the wars in Iraq and Afghanistan, and the general decline of the west with the 2008 crash, along with them still not learning their lessons while the general rise of the China, Russia, central Asia and the Global South. Now these developments will come to a head. We are seeing this with the Maidan coup in 2014 in Ukraine that led to the war. Now we are seeing the culmination of Israel's genocidal policies burst into flames from the attacks by Hamas. We are witnessing history. At this point, keep your cash and gold and just hold on for the ride
@greentraveler4114
7 ай бұрын
It's very interesting is American and European inteviews Americans and Europeans to know about China instead of interview of Chinese directly. I am just an ordinary citizen from Taiwan, China. I have tons of friends from different parts of China, from what I learned from them is most of them don't care who's number one or number two, same like me, we care more about our lives are getting better or not, not for compete with the Americans or anybody else. For example if our lives are getting better and better and the speed of getting better and better is very high, who cares number one or two, if American s like they can always take or claim they are number one or they can claim they are the most democratic, most beautiful, freest, greatest country by themselves, we don't care how they give themselves nicest adjectives,we just care if our own lives are getting better and we are happier by developing our own economy. My viewpoint probably is different from what mainstream media in the West narratives told you, and I suffered numerous insult or attacks like ccp bot, shield, for them freedom of speech only exist when you fit their narratives. If any CIA, FBI or Chinese agencies want to pay me for my speech/comment I would be happy to take free money, lol, just make sure pay me more better than millions of dollars, haha..
@napobg6842
7 ай бұрын
The video is about the PRC not the ROC...
@SamOreo7
7 ай бұрын
They will not interview chinese itself, because chinese knew they don’t Have the answer of their struggling down economy and their low living standard as well😂😂😂😂
@HailAzathoth
7 ай бұрын
"Taiwan, China" ok wumao 😂
@user-yv7hv2cb8e
7 ай бұрын
Taiwan need usa or will be red.😅
@rialisimo
7 ай бұрын
China economic challenges: 🟢Real estate sector 🟢Slower-than-expected pandemic recovery 🟣Ageing population (low birth rate, rising dependency ratio) 🟣*crackdown on private sector detering investors & stifling innovation Note: China still has the most advanced & complete supply chain, but lately, this has been under some challenges due to 1) the recent pandemic, 2) de-globalization China is an investor, lender, & trading partner to many developing nations, & depending on the day, is the biggest lender to the US economy
@insh_
7 ай бұрын
Chinese real estate sector cause a financial crises in their financial sector which can be seen with their reduced new infrastructure projects in developing world, Chinese money can build a road in any country but can't provide income to people for so that they can buy a car. They built a bridge in your country with the help of their company source material from China equipments from China and also the workers too after multiplier effect they add 4 times of invested money in their own economy.
@vegamoonlight
7 ай бұрын
The West's smearing of China is affecting that country in the perception of many people around the world. Also, China's economy is transitioning with many key sectors affected by the changes including, as you pointed out, the real estate sector, which has been mired with controversy in China. The involvement of foreign companies in the manipulation schemes in selling real estate properties has prompted the CPC to work on changing the policy regarding that sector. The foreign investors, however, have been crying because of that transition. LOL. Hence, they are working on another smear campaign to tell the world that China's economy is collapsing, which is farther from the truth. It's hilarious how the West is buying that agenda and spreading it. Perhaps, the evil BlackRock is also affected. That's why.
@kl9518
7 ай бұрын
Look into news from people living in China and you will see these challenges are China's plans. The real estate sector is the government plans to keep property prices affordable. Unlike the west, which has skyrocketed and many become homeless. Slow recovery? China just became the biggest car exporters in the world. BRI and BRICS are growing. The Americans are having to sanctions China on Huawei, Dji and even garlic to contain China. China is 4 times the US population and India still has poverty issues. Even if China's population reduces it is still larger than the US and better off than India.
@kennyyodune1727
7 ай бұрын
@@vegamoonlight I see this as a good thing for China because the more the West is asleep and making excuses why the Chinese people are garbage, the more they'll pay for it later. As the old quote goes "arrogance is the precursor to you getting your ass handed to you." This is why we should be thanking the US constant gaslighting of its own citizens.
@tuesdae666
7 ай бұрын
@@insh_ build some toilets first.
@RajDeelish
7 ай бұрын
The game changes once manufacturing moves out of China and into places like Mexico.
@leiyangalable
7 ай бұрын
Mexico goods is still directly or indirectly made in china.
@horridohobbies
7 ай бұрын
The US has a high per capita GDP, *but* most of America's wealth is highly concentrated in the top 1-10% of Americans. The average American is doing quite poorly, even relative to China.
@HailAzathoth
7 ай бұрын
Utterly untrue lol. China wealth inequality is way worse
@horridohobbies
7 ай бұрын
@@HailAzathoth Show me your evidence. Otherwise, it's just hot air.
@RosscoAW
7 ай бұрын
@@HailAzathoth You are very misguided.
@traviswes7082
7 ай бұрын
Every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $500,000 savings vanish after putting in so much effort to accumulate them.
@Robertgriffinne
7 ай бұрын
Despite hearing that insider trading secrets could lead to making millions in the financial market, I hesitated to invest as I lack the required skills and a sound strategy to surpass the market and achieve profitable returns. Additionally, although I possess $150k, I find it challenging to take the plunge due to a shortage of funds.
@tommychestnut5335
7 ай бұрын
It is advisable to steer clear of cons that appear improbable. Seeking guidance from a fiduciary Adviser can be helpful as they are highly skilled in their field and can provide tailored advice based on an individual's risk appetite. While there may be unscrupulous individuals, there are also remarkable ones with a positive track record.
@theonewiththegoldentouch
7 ай бұрын
Nice scam comment thread
@JeffEpp-nh8dy
7 ай бұрын
Did the woman at the end say the Israeli and Ukrainian wars are over water?
@transformex2011
13 күн бұрын
China is friendly to many nations, USA is extremely hostile and arrogant to most nations, that makes a difference when nations have to choose economic partners.
@Aerrow62
7 ай бұрын
Three things will fundamentally change that will make US no longer the premier economy: 1. The economic models will break down along with Globalization and dedollarization. 2. You will have accute labor shortage and hyper inflation. 3. Investment will dry up due to above two factors.
@Wongseifu548
7 ай бұрын
You just described china right there
@Aerrow62
7 ай бұрын
@@Wongseifu548 I described every nation that played games with it's economy and monetary policy including the Eurozone, north America, Argentina and East Asia. Exceptions are Singapore, Japan, Malaysia, India, Thailand, parts of Africa, Australia and some middle east. It remains to be seen if the exceptions follow suite.
@teamtoken
5 ай бұрын
Dedollarization is junk economics They’ve been saying this rubbish for over 40 years. I still haven’t seen it, and I doubt i’ll see it in the next 40
@user-lx1yd9wo5w
7 ай бұрын
Dialogue and exchange are beneficial, which promotes a more long-term peaceful exchange between the two great powers. Both great powers should work hard for world peace and the future of mankind. We are not separate individuals, we are all under a community of destiny, and we hope that the world will be better in 2024.❤
@Herb___
7 ай бұрын
Yes.
@artiartibald9431
6 ай бұрын
Russia and China comply with the UN Charter , and the West lives by some rules they invented
@Starship007
7 ай бұрын
Glad Elon Musk giving the USA and world some direction with EV’s, battery storage and storage, Space X, and Starlink world WiFi
@tonii5690
7 ай бұрын
Speaking of Starlink China now wants to copy it.
@theabhishekmondal
7 ай бұрын
Vamos India 🇮🇳🇮🇳🇮🇳
@ginyilee6538
7 ай бұрын
Not for long.. the Indian will surpass in no time
@WeAretheWorld89
7 ай бұрын
How? With trade deficit and debt mounting, where real money come from?
@arunsubramanian7949
7 ай бұрын
Even if population declines- it’ll get richer
@Meghnaaad
7 ай бұрын
Only young people can enjoy the benefits of wealth.
@willliam1420
7 ай бұрын
USA no longer no.1 economy in the real sense. It has lotsa empty calorie stuff going on Sports, media etc are all very low productivity economic activities and these are all highly inflated in value in the US
@OlJackBurton
7 ай бұрын
the stock market is very overvalued too. stocks will rise when a few share holders/owners get rich and lay off workers because this increases "profit". residential and commercial real estate (cars as well) is unaffordable for many and is a bubble that cannot be burst without catastrophic losses to speculative and over leveraged financial institutions. people going into personal debt at higher interest rates to consume goods and services also increases the GDP. the hyperinflation of healthcare, elderly care, all types of insurance and education doesn't add value to the US but increases the "GDP"...
@rakeshkrishnan1099
7 ай бұрын
If GDP per capita is used , the United States will rank lower than many smaller Middle Eastern, European, and Asian countries. 🤣🤣
@shoo8873
7 ай бұрын
Usa living standards is very Rich
@rakeshkrishnan1099
7 ай бұрын
@@shoo8873 Living standards of those smaller nations with higher GDP per capita are 10 times richer than US
@shoo8873
7 ай бұрын
@@rakeshkrishnan1099 i m living in Singapore small Rich country but people’s are not that much Rich...usa is better
@rakeshkrishnan1099
7 ай бұрын
@@shoo8873 Iam living in japan and have lived in US and UAE let me tell you the quality of life both in japan and UAE is way better than US In US there is huge number of rise is homeless people add to that rise in drug addict teenagers and increasing mass shooting incidents
@shoo8873
7 ай бұрын
@@rakeshkrishnan1099 japan one of the depressed country in the world... Uae population is so low.. Majority people's living in uae are experts.... Usa is much better.. Better economy, good money, people Afford good cars...i love usa
@user-ho4qv1pk9s
7 ай бұрын
😂😂😂😂😂 Dream on... Who owns the seven seas makes the trade rules😎😎😎😎....
@nilocblue
7 ай бұрын
Incredible that at 40 million people Canada has such a large economy. They’re hitting well above their weight. Too bad Trudeau has been Prime-Minister the last 3 terms, and destroying multiple industries.
@Noah-dh6se
7 ай бұрын
Canada is similar to other western European nations or Australia Norway is incredible, canada is good
@walden6272
7 ай бұрын
Did you not see the size of Canada? With that much resources, it should be a large economy.
@rhs_0938
7 ай бұрын
I hope NO!
@lakshminarayanan-ls5fz
7 ай бұрын
If economy means printing Currencies of course. Of it's commodity; USA would be at bottom
@andrewfossatti4937
7 ай бұрын
Short answer is no.
@wenling3487
7 ай бұрын
Whenever I saw that Harvard economic professor Huang Yasheng, I believe that any patriotic Chinese should thank him for lectures that leading American ruling elites believe that Chinese economic growth doomed to fail in the past decade. Along with him, Gordon Chang, Fukuyama are also significant contributors who give out false information to American public/ruling elites.
@domcizek
7 ай бұрын
WELL, WHAT EVER, THE FACT IS THERE WILL NOT BE ENOUGH PEOPLE IN CHINA TO MAN THE FACTORIES, IN THE FUTURE, SO OUTPUT WILL BE GOING DOWN, AND THEIR LIVING STANDARDS ALSO
@wenling3487
7 ай бұрын
@@domcizek You can always wish whatever you want, just like Gordon Chang , and Huang Yasheng
@domcizek
7 ай бұрын
I DONT WISH ANYTHING, BUT WITHOUT MORE BABIES BEING BORN, CHINAS LIVING STANDARDS WILL BE GOING WAY DOWN, NOBODY TO WORK THE FACTORIES, BIG MISTAKE FOR CHINA, CHINA HAS NO FUTURE ND POPULATION WILL BE ONE HALF OF AMERICAS BY 2050, IMMAGRENTS COMING TO AMERICA IN DROVES, WILL SAVE THE ECONOMIC BASE IN AMERICA, PLENTY OF WORKERS TO FILL ALL THE NEW FACTORIES THAT WILL BE LEVING CHINA BECAUSE OF THE DICTATOR THAT HAS NO IDEA AS TO WHAT HE IS DOING @@wenling3487
@Mri881
7 ай бұрын
India will be an global superpower after 2090 i guess , there is a lot we need to focus on , one such factor is gdp per capita
@javanava8925
7 ай бұрын
Yes but still you will drop from 1.7bln people to 1.05bln by the end of this century. USA will go over 400mln. China will drop from 1.4bln to 700-800mln. USA will return to first place. I don't know about EU. If we take qualified immigrants, not like we are having them today, not educated illegal ones, than there is hope for us as well.
@dachochiyo3992
7 ай бұрын
build toilets for your people first and don't poop along sidewalk
@bochhi277
7 ай бұрын
@@dachochiyo3992majority of the people have toilets here aaah yes if you follow bbc news then that's a no i guess...
@Mri881
7 ай бұрын
@@dachochiyo3992 I hope u come and see here , toilet problems are every where
@xiule1211
7 ай бұрын
This country has nothing but scammers and dirty street foods
@rizmacadillac
4 ай бұрын
As this video points out, both the PRC and India are larger than America in terms of population and while they have large and growing economies they are currently dwarfed by the United States. Work is always essential to Economic Growth and we will remain large and strong as long as we work and grow and develop. America has all that it needs to grow to over a Billion people over time but I won't try to predict this type of growth. This seems intuitively realistic. But predicting the future is not a business I want to get involved with to be honest. And given the rise and fall of empires in world History... well, it is always very difficult to predict. Political hostility and strife, war, there seem to be too many variables to predict. But I'd like to believe our future looks bright today and will continue this way into the future. Like the Brits, America will muddle through its difficulties.
@bombomu2
2 ай бұрын
based on GDP (PPP) , china has lead the no 1 economy a long time ago.
Пікірлер: 1,3 М.