It’s official: America is now No. 2

Reversion to the mean. Last 300 years was just a blimp on history radar.

http://www.marketwatch.com/story/its-official-america-is-now-no-2-2014-12-04

 

Old story. The PPP data was out way back. US need to have more wars. Wars are good for the economy. While China make money, the US can make guns and shoot bullets. The defence company stocks will go through the roof and everyone will be rich.

 

don't think anyone hopes for war, but totally agree with your statement

 

Does the fact that China has 5x the amount of people have anything to do with it?

 

yes, but it doesn't change the fact China is coming first. World superpowers are not the ones with the highest per capita (Qatar, Norway, Luxembourg and a few more small countries have higher GNP per capita than the US).

 

Now we're definitely not going to move rates above 0%

 

You are joking right. Please pleeassseee tell me you are either joking or you are young teenager getting into markets and trading.

US has been warring for the last 20 years. And yes, the military complex and pentagon got their money.

WHAT ABOUT THE REST OF AMERICA ?

you do know what the current stats are for food stamps for US population

you do know what the current debt level is ?

You do know why the interest rates dare not move above 0% and will soon go negative like in Europe

God I hope you are just a teenager, cause if you are an adult and you don't see whats going on....yikes

 

see post just above this one, it applies to you as well

 

Only partly true.

China has something called National Central Bank, it prints currency without automatic debt attached which means Chinese money does not choke China.

Where as US dollar (property of the FED) chokes the US over time.

 

Sure I see what's going on. You are a democracy and you voted in the war making monkeys. So it's your own fault.