Not true: US currently holds around 25-26% of world nominal GDP, China about 17-19%, and the EU roughly 18% (or Germany alone ~4-4.3%) of the global total.
ExotiquePlayboy on
Basically:
Europe and China declining, America resorting back to their historical mean as hegemon of the world
Canuck-overseas on
After the recession the US and China will be about equal.
nivtric on
Bullshit adds the most to GDP. They call it adding value.
9 Comments
Not true: US currently holds around 25-26% of world nominal GDP, China about 17-19%, and the EU roughly 18% (or Germany alone ~4-4.3%) of the global total.
Basically:
Europe and China declining, America resorting back to their historical mean as hegemon of the world
After the recession the US and China will be about equal.
Bullshit adds the most to GDP. They call it adding value.
europe is a failed system.
Chinas growth has been incredible
You need to use fixed prices.
Europe dropped the ball with the tech revolution
Did you only have blue ink in your printer?