☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 8 months agoChinese GDP will be more than double that of the US in under a decade, if recent growth rates persist.www.worldeconomics.comexternal-linkmessage-square34fedilinkarrow-up188arrow-down11cross-posted to: worldnews@lemmygrad.mlworldnews
arrow-up187arrow-down1external-linkChinese GDP will be more than double that of the US in under a decade, if recent growth rates persist.www.worldeconomics.com☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 8 months agomessage-square34fedilinkcross-posted to: worldnews@lemmygrad.mlworldnews
minus-squareiridaniotter [she/her]@hexbear.netlinkfedilinkEnglisharrow-up41·8 months ago“Hide your strength, bide your time.” America is still in denial about being a smaller economy than China even though it has been for years. They’ll probably add a few more trillion in financial smoke and mirrors to keep up the illusion.
minus-squareidkmybffjoeysteel [he/him]@hexbear.netlinkfedilinkEnglisharrow-up16·8 months agoThe economy is when you bail out financial services, and the more banks you bail out, the higher your GDP is.
minus-squareMaoo [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up11·8 months agoGonna triple the prices of houses to get those numbers up! Production!
“Hide your strength, bide your time.”
America is still in denial about being a smaller economy than China even though it has been for years. They’ll probably add a few more trillion in financial smoke and mirrors to keep up the illusion.
The economy is when you bail out financial services, and the more banks you bail out, the higher your GDP is.
Gonna triple the prices of houses to get those numbers up! Production!