America Is On The Verge Of Losing Its Place As No.1

[Taco]

Unfortunately, this article does mention the downside of the US losing its No.1 status. Its going to be hell on earth.

America Is On The Verge Of Losing Its Place As No.1
http://www.businessinsider.com/chart-ri ... res-2014-9

[Jonny Law]

-NEWSFLASH-
The United States has lost its #1 status a long a*s time ago. It is only with going deeper in Debt and the use of Fraud that some are living as well as they are.

Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain. And it is what the United States Economy is based on.

Unfortunately, this article does mention the downside of the US losing its No.1 status. Its going to be hell on earth.

America Is On The Verge Of Losing Its Place As No.1
http://www.businessinsider.com/chart-ri ... res-2014-9

[Jonny Law]

It is a cycle. According to the article China was the largest economy in the world in until 1850.

So China will be #1 until it also collapses just as the Japanese economy did.

The country of Japan has been in recession for most of the time since 1989. The decades-long downturn began when soaring property and stock prices developed into a "bubble" which went into meltdown in 1989. Since then successive governments have battled with a raft of initiatives and reforms including lowering interest rates to near-zero, and intervening to force down the value of the yen. Only limited relief has occurred as the country has failed to emerge from recession for any sustainable period of time

[eurobrat]

-NEWSFLASH-
The United States has lost its #1 status a long a*s time ago. It is only with going deeper in Debt and the use of Fraud that some are living as well as they are.

Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain. And it is what the United States Economy is based on.

Unfortunately, this article does mention the downside of the US losing its No.1 status. Its going to be hell on earth.

America Is On The Verge Of Losing Its Place As No.1
http://www.businessinsider.com/chart-ri ... res-2014-9

The apple watch and some real estate and stock bubbles will save us. We could always get the federal reserve to fire up the good old printing press and we can print our way out of this.

[MrPeabody]

The figures were adjusted on a PPP basis which is still a controversial method of comparison. I heard one analyst say that comparing the GDPs of America and China is difficult because they are different economies. China has a significant bad debt problem which they still include in GDP because they won't write it off. He estimated that the US is actually 30 percent ahead of China if you make all the adjustments.

[Moretorque]

-NEWSFLASH-
The United States has lost its #1 status a long a*s time ago. It is only with going deeper in Debt and the use of Fraud that some are living as well as they are.

Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain. And it is what the United States Economy is based on.

Unfortunately, this article does mention the downside of the US losing its No.1 status. Its going to be hell on earth.

America Is On The Verge Of Losing Its Place As No.1
http://www.businessinsider.com/chart-ri ... res-2014-9

That's right Johnny and all the fraud has been made possible because people do not understand economics and the need for honest money to run a honest society. Most people still do not get it, that is how thoroughly we have been duped by our rulers. Winston was saying in another thread about how it's all about how the mind perceives things as being BS and he is right but not everybody is smart enough to figure that out. The people who promote this as a legitimate system are creating a completely phony perception of reality and that is why your more intelligent people are not going for it but the dumb herd still is.

This is why the ruling class in dictatorships inevitably kills the thinking class to maintain their power.

[GooMacgle]

Actually for middle and lower income Americans, the US has already lost it's #1 spot. Only the upper income Americans still outpace their global counterparts. See the article below on how the American Middle Class Is No Longer The World's Richest.

http://www.nytimes.com/2014/04/23/upsho ... 0002&abg=1

[Ghost]

.

[Moretorque]

It really lost its spot a long time. It just got propped up with more brainwashing and funny money and foreign wars.

Ghost I like your new avatar, I'M SCARED!

[Paloaltoguy]

[Paloaltoguy]

Actually for middle and lower income Americans, the US has already lost it's #1 spot. Only the upper income Americans still outpace their global counterparts. See the article below on how the American Middle Class Is No Longer The World's Richest.

http://www.nytimes.com/2014/04/23/upsho ... 0002&abg=1

Duh, see above.

[Moretorque]

-NEWSFLASH-
The United States has lost its #1 status a long a*s time ago. It is only with going deeper in Debt and the use of Fraud that some are living as well as they are.

Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain. And it is what the United States Economy is based on.

Unfortunately, this article does mention the downside of the US losing its No.1 status. Its going to be hell on earth.

America Is On The Verge Of Losing Its Place As No.1
http://www.businessinsider.com/chart-ri ... res-2014-9

Wrong! The labor markets across the world are slowly moving into permanent, irreversible decline! Corp profits are exploding from automation. Companies are able to be more profitable because technology does not have any mandate or goal to create jobs. A company without labor cost on the balance sheet is the ultimate, perfect Capitalist enterprise. The only reason why we are still not there is that we don't have the technology yet. But the technology is improving steadily. Here is the big picture: Automation WILL succeed in replacing about 80% of the current workforce. All non-creative jobs have the possibility of being replaced by machines in 10 years. We're in the transition stage at the moment. The super low interest rate environment is absolutely basic necessity to maintain the operation of the current world economy where the most important theme is the shrinking and evaporating labor market. There is no fraud. Humans who work jobs are simply going the way of the dinosaur and the ownership class is reaping the rewards. There will be no rise of China.

- the ruling elite

You are right and the ruling class of 100 years ago who watched America for the most part gear up and invent the modern world would be in complete awe in what has happened in technology over the last 50 or so years. Control systems and devises beyond Stalin's wildest dreams!

With the new world being so efficient we do not need all these people to tend shop and because we are not hearing anything about the ecological disaster unfolding right now on planet earth through mainstream channels I have come to the conclusion our rulers have plans to stealthily 86 most of use coming up to try and reverse the tied of us taking on more water.

[Paloaltoguy]

[Ghost]

.

[Moretorque]

I have been researching this, I pull a lot of crap out of my butt but not this!

After a mass extinction depending on severity of it before the ECO starts to recover scientist say for the planet to come back to the diversity of life it had before the black man and his children the modified black man tore it up it will be anywhere from 5 to 15 million years.

People have no idea what is going on or what is at stake at this moment in time for humanity.

And I for one don't believe in Angels!