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That's interesting, though despite our economic problems, US GDP and US GDP per capita is still the highest. I suppose they are assigning weight to our high trade and budget deficits when determining that ranking.
im still wondering how an economy based on cheap labor and piracy manufacure is in number 1? MegaLoL.
I think its something similar to what happened to Argentina years ago, where they over rated they currency, by equalizing it with the dollar.
I still hardly believe this is truth, due quality of life there is way far away from the Usa.
About China as First economy i would like to know what indicators used to the ranking but it makes sense when we see the saving vs debts of China vs USA
Seems a bit arbitrary, and since when was the French military better than the British one (not something I'm proud of btw, in my mind military spending is one of the worst wastes of taxpayer money).
im still wondering how an economy based on cheap labor and piracy manufacure is in number 1? MegaLoL.
I think its something similar to what happened to Argentina years ago, where they over rated they currency, by equalizing it with the dollar.
I still hardly believe this is truth, due quality of life there is way far away from the Usa.
Yeah. People talk about how China's so great and whatnot, but their society has tons of problems. Cheap labor, pollution, overpopulation etc. America's still light-years ahead of them.
Originally Posted by sean
About China as First economy i would like to know what indicators used to the ranking but it makes sense when we see the saving vs debts of China vs USA
2011 National Power Index.
Originally Posted by DrSemen
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