Breaking News: China overtakes the US to become the largest.

Daily chitchat.

Moderators: Moderators, Junior Moderators

Forum rules
This General Forum is for general discussions from daily chitchat to more serious discussions among Somalinet Forums members. Please do not use it as your Personal Message center (PM). If you want to contact a particular person or a group of people, please use the PM feature. If you want to contact the moderators, pls PM them. If you insist leaving a public message for the mods or other members, it will be deleted.
User avatar
GAMES
SomaliNet Super
SomaliNet Super
Posts: 8220
Joined: Fri May 25, 2001 7:00 pm
Location: U.S

Breaking News: China overtakes the US to become the largest.

Post by GAMES »

They have just overtaken America to become the worlds largest economy.

Everyone should start learning how to speak Chinese. Step aside America, there is new Sheriff in town.

The Indho-Yars are on a roll. They are also in Africa involved in every projects thats going on there.

Heck, they are even building our Airports and renovating/expanding our Dekado and roads.

Interesting times we live in.
User avatar
Octavius
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1689
Joined: Thu May 08, 2014 3:00 pm
Location: Oh Allah, I ask of you peace & faith in this world & in the hereafter

Re: Breaking News: China overtakes the US to become the larg

Post by Octavius »

In PPP terms. The US is still far bigger in nominal GDP terms. :|
User avatar
LiquidHYDROGEN
SomaliNet Super
SomaliNet Super
Posts: 14522
Joined: Fri Mar 16, 2007 10:48 am
Location: Back home in Old Kush

Re: Breaking News: China overtakes the US to become the larg

Post by LiquidHYDROGEN »

PPP matters more.
User avatar
HooBariiska
SomaliNet Super
SomaliNet Super
Posts: 7692
Joined: Thu Apr 08, 2004 7:00 pm
Location: In My Ardaaa - Ballin' & Haasaawin'

Re: Breaking News: China overtakes the US to become the larg

Post by HooBariiska »

My young brother speaks fluent Chinese.lol
User avatar
Basra-
SomaliNet Super
SomaliNet Super
Posts: 49034
Joined: Mon Feb 16, 2004 7:00 pm
Location: Somewhere far, far, far away from you forumers.

Re: Breaking News: China overtakes the US to become the larg

Post by Basra- »

:roll: a joke. Why is the dollar still rulling then? As long as China is a communist country, we are good! :up:
User avatar
gurey25
SomaliNet Super
SomaliNet Super
Posts: 19349
Joined: Thu Apr 15, 2004 7:00 pm
Location: you dont wana know, trust me.
Contact:

Re: Breaking News: China overtakes the US to become the larg

Post by gurey25 »

Octavius wrote:In PPP terms. The US is still far bigger in nominal GDP terms. :|
The dollar is overvalued and yuan is undervalued.
the reality is that the US dollar is worth less than the paper its printed on, it is supported by US muscle only.
so PPP is more important and even PPP is not that accurate, the rate is in reality higher.
User avatar
GAMES
SomaliNet Super
SomaliNet Super
Posts: 8220
Joined: Fri May 25, 2001 7:00 pm
Location: U.S

Re: Breaking News: China overtakes the US to become the larg

Post by GAMES »

This is really a milestone though, and would turn the old world order on its head. This is exactly why the US - EU are looking to link up their two perspective economies to fight the rising dragon.

In 5-10yrs the influence of power would slowly shift towards China and away from the US and Europe.

Somalia is better off linking up with this new rising power, and getting investments from them.

China won't get involved in ur politics, they do what they were hired to do and leave...where as in America and Europe they dictate the terms.
Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “General - General Discussions”