..2012 U.S.A GDP = $ 15.7 trillion, China GDP $ 7 trillion

[Jay One]

... The World largest
economy US, 2012 GDP $ 15.7 trillion.... that doubles Chinese GDP the same year ...China has only $ 7 trillion.....

.... U.S.A despites all ups & downs in 2012, still is way off ahead of China GDP..... the projection based on PPP....

 

[majid musisi]

China still has a long way to go.

 

[TUJITEGEMEE]

Only 1% of US citizen have a conducive feeling of your GDP while 99% are experiencing shamble economy (hence they do not have a sense of your GDP figure).

See the info below>


[h=3]The Wealth Distribution[/h]In the United States, wealth is highly concentrated in a relatively few hands. As of 2010, the top 1% of households (the upper class) owned 35.4% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 53.5%, which means that just 20% of the people owned a remarkable 89%, leaving only 11% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.1%. Table 2 and Figure 1 present further details, drawn from the careful work of economist Edward N. Wolff at New York University (2012).


Who Rules America: Wealth, Income, and Power

 

[2013]

Only 1% of US citizen have a conducive feeling of your GDP while 99% are experiencing shamble economy (hence they do not have a sense of your GDP figure).

See the info below>


The Wealth Distribution

In the United States, wealth is highly concentrated in a relatively few hands. As of 2010, the top 1% of households (the upper class) owned 35.4% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 53.5%, which means that just 20% of the people owned a remarkable 89%, leaving only 11% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.1%. Table 2 and Figure 1 present further details, drawn from the careful work of economist Edward N. Wolff at New York University (2012).


Who Rules America: Wealth, Income, and Power

i think these facts are for political reasons,due to the fact that they only focus only on one side of coin, therefore they do not undermine US economy over chinese economy, hence they are just mere statement.

 

[Bantugbro]

... The World largest
economy US, 2012 GDP $ 15.7 trillion.... that doubles Chinese GDP the same year ...China has only $ 7 trillion.....

.... U.S.A despites all ups & downs in 2012, still is way off ahead of China GDP..... the projection based on PPP....

Mr. President,

What about the prevailing $ 16 trillion fiscal debt/deficit on the same year...:teeth:

To be fair the USA has a negative GDP of around minus one trillion US dollars, yes -$ 1 trillion....:mvutaji:

 

[CHASHA FARMING]

China kumpita USA ni kazi sana, si ishu ya Kitoto, na mikakati USA nayo fanya kwa sasa huenda ikawa ndoto kupitwa na USA hayuko tiyali kuona anapitwa kirahisi rahisi na China

 

[Bantugbro]

China kumpita USA ni kazi sana, si ishu ya Kitoto, na mikakati USA nayo fanya kwa sasa huenda ikawa ndoto kupitwa na USA hayuko tiyali kuona anapitwa kirahisi rahisi na China

Mkuu,
Can you please explain to us some of those so-called mikakati, is re-paying the humongous debt one of them?

 

[Jay One]

..What l learned JF.... most members DON'T KNOW TRUTH ON MANY MANY FACTS.... likewise U....

..B4 I answer u....do u know hw much CHINA OWNS US in that National debt...?

... If u don't know go & search..... just to help you...

... most debts are owned by US companies...mostly Social Securities..... Federal Reserve.... US intragovernmental agencies ...


... China and Japan together own only just... $1.1 trillion....
... watu huongea tu without knowing truth.. mob
psychology like mentality..... google kidogo tu ujue hili..

.... So to ASSURE U....in no way in this world....CHINA WILL OVERTAKE US ECONOMY....IN NO WAY...NO HOW...NO MEANS....tht is just a DAY DREAM.....

.☆☆★♡♡♥♥.. & tht was, is, will be tht way..... period...

Mr. President,

What about the prevailing $ 16 trillion fiscal debt/deficit on the same year...:teeth:

To be fair the USA has a negative GDP of around minus one trillion US dollars, yes -$ 1 trillion....:mvutaji:

 

[Bantugbro]

..What l learned JF.... most members DON'T KNOW TRUTH ON MANY MANY FACTS.... likewise U....

..B4 I answer u....do u know hw much CHINA OWNS US in that National debt...?

... If u don't know go & search..... just to help you...

... most debts are owned by US companies...mostly Social Securities..... Federal Reserve.... US intragovernmental agencies ...


... China and Japan together own only just... $1.1 trillion....
... watu huongea tu without knowing truth.. mob
psychology like mentality..... google kidogo tu ujue hili..

.... So to ASSURE U....in no way in this world....CHINA WILL OVERTAKE US ECONOMY....IN NO WAY...NO HOW...NO MEANS....tht is just a DAY DREAM.....

.☆☆★♡♡♥♥.. & tht was, is, will be tht way..... period...

OOh! that's too long and harsh for an answer...:teeth:

FYI:
The USA's debt to GDP ratio is around 111% while that of China is around 19% get that?