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For the first time since Ulysses S. Grant was president, America is not the leading economic power on the planet.
I know we are not number one in obesity
but I know we can beat the pants off those darn
Brits and Mexicans if we only try harder.
originally posted by: SEDRChang
nah later russia will be number 1, second is USA, 3 is china ,you can sense china economy is going up but with cheap parts, which waiting to fail in flight
China produces cheap and toxic crap that breaks in a couple of days.
originally posted by: Yeahkeepwatchingme
a reply to: LewsTherinThelamon
Our hunger for cheaper goods was the shovel that dug our hole. I always hear people complain about "This plastic piece of junk!" or "The one made in Minneapolis lasted for over 20 years. This one from China busted in two weeks." and yet, they still buy the cheaper items.
Corps played it smart and went with cheaper labor. But they also ruined their own country.
Made in America is expensive compared to foreign-made products.
originally posted by: coldkidc
Hang on to your hats, America.
And throw away that big, fat styrofoam finger while you’re about it.
There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s official. The Chinese economy just overtook the United States economy to become the largest in the world. For the first time since Ulysses S. Grant was president, America is not the leading economic power on the planet.
It just happened — and almost nobody noticed.
The International Monetary Fund recently released the latest numbers for the world economy...
It’s official: America is now No. 2
Surprised I didn't see anything posted about this yet.
It's been a long time coming but apparently the day has finally "officially" arrived with little to no media fan fare in America.
Forgive me if this has already been posted.