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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (40987)11/6/2003 12:44:18 PM
From: Joe S Pack  Read Replies (2) | Respond to of 74559
 
AC,
That is his view. He travels a lot all over the world and has a very successful high tech business. He does n't make nonsensical statements just sitting 1000s of miles away.

Regarding our hedonistic GDP:
Are you sure our hedonistic GDP is as it is stated by our Govt and touted by Wallstreet? Do you know what is true GDP of China? How much is our debt? How much is debt of China?
This emperor's cloth is bought with borrowed money and has to pay some day.



To: AC Flyer who wrote (40987)11/6/2003 2:54:09 PM
From: Louis V. Lambrecht  Respond to of 74559
 
Yep! At current rate, China will be the world's predominant economy by 2050.
Err... anyone to sell to products to?
IMHO, China now is US 1998.
Just at the overinvestment phase of the bubble.
My!My! If I am correct 2010 will be ugly.



To: AC Flyer who wrote (40987)11/6/2003 7:00:20 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
In the future, every country will be a world power for 15 minutes.

Message 18332159

Lets keep always the time dimension on our views.

Always thinking in terms of 50-year chunk of time.

Yes, China will skyrocket and then be Japanized. Then will come India, Russia or Brazil. All that in the next 50 years.

I'm always misunderstood in here because people forget that tie is a dimension.



To: AC Flyer who wrote (40987)11/6/2003 8:22:19 PM
From: Gulo  Read Replies (4) | Respond to of 74559
 
I think you need to check your math, AC. Don't forget growth is exponential.

If U.S. GDP growth is 3.5% and China's GDP growth remains 10%, it would take about 38 years for China's GDP to exceed
that of the U.S. If the U.S. GR is 4% and China's is 8%, it would take 58 years. If it's U.S. 4% and China 6%, it
would take 117 years. Either way, people alive today could see it happen.

If you don't believe that, here's the calcs.
U.S. China
GDP(G$) 10.8 1.2
GR 3.5% 10.0%

2004 11.2 1.4
2005 11.6 1.5
2006 12.0 1.6
2007 12.4 1.8
2008 12.8 2.0
2009 13.3 2.2
2010 13.7 2.4
2011 14.2 2.6
2012 14.7 2.9
2013 15.2 3.2
2014 15.8 3.5
2015 16.3 3.9
2016 16.9 4.2
2017 17.5 4.7
2018 18.1 5.1
2019 18.7 5.7
2020 19.4 6.2
2021 20.1 6.8
2022 20.8 7.5
2023 21.5 8.3
2024 22.2 9.1
2025 23.0 10.0
2026 23.8 11.0
2027 24.7 12.1
2028 25.5 13.3
2029 26.4 14.7
2030 27.3 16.1
2031 28.3 17.7
2032 29.3 19.5
2033 30.3 21.5
2034 31.4 23.6
2035 32.5 26.0
2036 33.6 28.6
2037 34.8 31.4
2038 36.0 34.6
2039 37.3 38.0

-g



To: AC Flyer who wrote (40987)11/6/2003 11:14:08 PM
From: BubbaFred  Read Replies (1) | Respond to of 74559
 
Go figure all those math starting with the Spanish Empire to the British Empire. Or, the movement of wealth concentrations in the US. Where and how did things can change?



To: AC Flyer who wrote (40987)11/7/2003 1:55:24 AM
From: Mark Adams  Read Replies (1) | Respond to of 74559
 
"Do economic statistics adequately reflect the size of the Asian economies?"

gloomboomdoom.com

.... while I have some doubts about the methodology of PPP-adjusted GDP figures, it is nevertheless interesting to see how large the emerging economies are when based on this measurement.

Asia (including China, Japan, India, South Korea, Indonesia, Taiwan, Thailand, the Philippines, Pakistan, Bangladesh, Malaysia, Hong Kong, and Vietnam) has a PPP-adjusted GDP of US$14 trillion, which is 50% larger than the US’s PPP-adjusted GDP of US$9.6 trillion.