China's economy is collapsing in April 2024. Its actually over for Chinks. America's economy is skyrocketing

P

predeterminism

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brooootal

USA average wage is 80k per year

China average wage is 10k per year

While USA's average wage is growing extremely fast

and China's average wage is stagnating.

They won't ever make it to a decent quality of life.

They'll always stay a borderline third world country which was only lifted out of poverty like 10 years ago


Idk why people speak about them asif they have any worth

Even some chink on TV was getting cocky calling China a "megatrend"

bro you earn 10k per year , live in poverty, cant even breathe your polluted air, have a squinty watermelon head, a micropenis, and manufacture my dog's toys for a living

you are a joke

the laughing stock of the world


people need to start putting them in their place
 
Pointless thread

What matters is the PPP data, not the numbers in dollars as they're influenced by the exchange rate

China is already a bigger economy than the US in PPP and they're growing very fast. Meanwhile the US stopped growing in 2008....after that all GDP growth is based on money/debt growth....meaning that it's not structural but it's just money printing.

The US economy is extremely bad, the country is liberally bankrupt
 
Stellar_Travels said:
Pointless thread

What matters is the PPP data, not the numbers in dollars as they're influenced by the exchange rate

China is already a bigger economy than the US in PPP and they're growing very fast. Meanwhile the US stopped growing in 2008....after that all GDP growth is based on money/debt growth....meaning that it's not structural but it's just money printing.

The US economy is extremely bad, the country is liberally bankrupt
Click to expand...


Even if ur fantasy PPP per capita, USA still mogs them to another dimension


GDP per capita PPP - Countries - List

This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita PPP. This page provides values for GDP per capita PPP reported in several countries. The table has current values for GDP per capita PPP, previous releases...
tradingeconomics.com tradingeconomics.com


1714339713624.png
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And they're not growing at all, they're stagnating, meanwhile USA is growing rapidly, skyrocketing


also china is the one growing by debt and made up fantasy numbers in their real estate market. not actual real money. they inflate it cos they dont wanna be publicly humilated and everyone realize how broke they are

"Many of the risks facing China's economy stem from its ailing real estate sector. For decades, China's economy was dependent on a booming property market driven by speculative investment returns. However, this growth was largely driven by debt.19 Mar 2024"


But keep creating that alternate in your head ethnic boi, whatever helps you sleep at night
 

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KingOfAsia said:
Even if ur fantasy PPP per capita, USA still mogs them to another dimension


GDP per capita PPP - Countries - List

This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita PPP. This page provides values for GDP per capita PPP reported in several countries. The table has current values for GDP per capita PPP, previous releases...
tradingeconomics.com tradingeconomics.com


View attachment 6154
View attachment 6153


And they're not growing at all, they're stagnating, meanwhile USA is growing rapidly, skyrocketing


also china is the one growing by debt and made up fantasy numbers in their real estate market. not actual real money. they inflate it cos they dont wanna be publicly humilated and everyone realize how broke they are

"Many of the risks facing China's economy stem from its ailing real estate sector. For decades, China's economy was dependent on a booming property market driven by speculative investment returns. However, this growth was largely driven by debt.19 Mar 2024"


But keep creating that alternate in your head ethnic boi, whatever helps you sleep at night
Click to expand...
@fatchadlitecel read this u little ethnic rat

china doesnt mog in ppp, usa mogs them by like 6x

and chinas economy is collapsing cos they were only growing due to fantasy real estate projection numbers until they realized nobody wants to live in an extremely polluted poverty country

meanwhile usa economy is skyrocketing
 
You posted GDP PPP per capita

I talk about the size of the economy not the per capita basis, post the right statistics....China economy is quite a lot bigger than the US already now, and it's gonna be twice as big of the US in a couple decades
 
Stellar_Travels said:
You posted GDP PPP per capita

I talk about the size of the economy not the per capita basis, post the right statistics....China economy is quite a lot bigger than the US already now, and it's gonna be twice as big of the US in a couple decades
Click to expand...
Overall gdp means literally nothing, if anything it highlights how poor China is

Yeah 1.3 billion Broke people together in China have nearly the same amount of money as 300 million rich americans

That means Americans earn 8x more than them, and live much higher quality of lives

You are being delusional to cope
 
KingOfAsia said:
Even if ur fantasy PPP per capita, USA still mogs them to another dimension


GDP per capita PPP - Countries - List

This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita PPP. This page provides values for GDP per capita PPP reported in several countries. The table has current values for GDP per capita PPP, previous releases...
tradingeconomics.com tradingeconomics.com


View attachment 6154
View attachment 6153


And they're not growing at all, they're stagnating, meanwhile USA is growing rapidly, skyrocketing


also china is the one growing by debt and made up fantasy numbers in their real estate market. not actual real money. they inflate it cos they dont wanna be publicly humilated and everyone realize how broke they are

"Many of the risks facing China's economy stem from its ailing real estate sector. For decades, China's economy was dependent on a booming property market driven by speculative investment returns. However, this growth was largely driven by debt.19 Mar 2024"


But keep creating that alternate in your head ethnic boi, whatever helps you sleep at night
Click to expand...
Singapore is largely Chinese. I expect China to have a similar level of development long term if it makes smart policy decisions.
 
KingOfAsia said:
@fatchadlitecel read this u little ethnic rat

china doesnt mog in ppp, usa mogs them by like 6x

and chinas economy is collapsing cos they were only growing due to fantasy real estate projection numbers until they realized nobody wants to live in an extremely polluted poverty country

meanwhile usa economy is skyrocketing
Click to expand...
China is growing because they make a large amount of the manufactured goods on the planet and have a high quality, skilled labor force.

A lot of the real material differences are obscured with statistics. Take real estate for example. 90% of Chinese people own their own home and many own multiple. As a result rent is dirt cheap and the cost of living is very low.

Western observers want to make out that their system is collapsing because they have too many homes so it’s no longer an asset that will have high returns on investment. But think about it from first principles, why should shelter be an investment vehicle that has returns on par with the stock market or bonds? High shelter prices cause social unrest, homelessness, etc. I would much rather have the problem of too many houses rather than too few.

People are constantly predicting total economic collapse in China and it never materializes because their top priority isn’t maximizing returns to investors.

I doubt you’ve ever actually been to America because if you had you’d know that a baseline standard of living where you have all the necessities of life covered (healthcare, safety, home, food, insurance, car, etc.) costs close to $100k and if you don’t make enough you need to compromise on one or more of those because the cheap areas of major cities are full of gangs, homeless and drug addicts.

 
KingOfAsia said:
@fatchadlitecel read this u little ethnic rat

china doesnt mog in ppp, usa mogs them by like 6x

and chinas economy is collapsing cos they were only growing due to fantasy real estate projection numbers until they realized nobody wants to live in an extremely polluted poverty country

meanwhile usa economy is skyrocketing
Click to expand...
fatchadlitecel said:
China is growing because they make a large amount of the manufactured goods on the planet and have a high quality, skilled labor force.

A lot of the real material differences are obscured with statistics. Take real estate for example. 90% of Chinese people own their own home and many own multiple. As a result rent is dirt cheap and the cost of living is very low.

Western observers want to make out that their system is collapsing because they have too many homes so it’s no longer an asset that will have high returns on investment. But think about it from first principles, why should shelter be an investment vehicle that has returns on par with the stock market or bonds? High shelter prices cause social unrest, homelessness, etc. I would much rather have the problem of too many houses rather than too few.

People are constantly predicting total economic collapse in China and it never materializes because their top priority isn’t maximizing returns to investors.

I doubt you’ve ever actually been to America because if you had you’d know that a baseline standard of living where you have all the necessities of life covered (healthcare, safety, home, food, insurance, car, etc.) costs close to $100k and if you don’t make enough you need to compromise on one or more of those because the cheap areas of major cities are full of gangs, homeless and drug addicts.

Click to expand...
It's not hard to own a third world mud hut lol. Those houses are oldcels in mudhuts

Yeah it never collapsed cos it never started.

They earn 10k per year and aren't growing lol

Also rent isn't cheap in china.

China has the highest ratio of avg wage to avg House price

It will take young people like 100 years to buy a modern home in China

Meanwhile the west has the lowest ratio. Westerners can buy a modern home in like 5 years on avg wage
 
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