Trump: Overseeing the Downfall of the US Empire

[ustaad]

I believe China will catch up economically with USA in my life time.

Bro China is already ahead of USA economically.

 

[Feroze]

Bro China is already ahead of USA economically.

Yes China is ahead of USA, in NOMINAL PPP or Power Purchasing Parity.

But in NOMINAL GDP, China is still behind USA.

 

[ustaad]

Yes China is ahead of USA, in NOMINAL PPP or Power Purchasing Parity.

But in NOMINAL GDP, China is still behind USA.

That doesn't matter as its based on highly inflated numbers. Real economy is measured on a country's development and industrial/agricultural capacity.

 

[Feroze]

That doesn't matter as its based on highly inflated numbers. Real economy is measured on a country's development and industrial/agricultural capacity.

Correct, Sir. China is not too much behind USA in NOMINAL GDP anyways. China will catch up within my life time, as I am 34 currently.