Comparing US State GDPs with countries.

[Lostplanet22]

SamuelRSmith said:

Badassbab said:

Also we have seen it before when supposedly another country would overtake the US economy. Japan for one. Germany perhaps.  Heck even the USSR at one time. Look how they all they turned at.

Haha, yes, the world of the 80s and early 90s was one of the "rise of Japan". Of course, the whole thing was flawed because of severe demographic issues, as well as the fact that Japan is far smaller in terms of land/resources and population to the USA - something where China clearly has the upper-hand.

However, China's growth is based on some severely flawed economic principles, and the Government are actually creating a weak demographic structure (1 child policy = rising population age).

What you've said is right, though, it's very, very hard to predict what will happen... even if it looks blatantly obvious (ie. rise of China).

Yes and no... It is an popular debate between analysts who compares this extreme policity between India and China...  The problem with India is that parents can't afford to let their children even go to school..it is still popular to have 4-5 children and most of the time only the eldest can go to school/college.. the younger ones have to help the parents and may occasionaly go to school.. and this is leading that the population living in 'poor' conditions is growing faster than the middle class...dangerous for the future considering inequality leads to higher crime raters, anger, etc..

In China it is the other way, the middle Class is growing fast while the people living in the 'poor' class is decreasing.. and the child policy is not that strict...It only counts for the Han Chinese..(most of the) minorties may have so many children as they want...  And you can have more than one child only you get fined for it...and the fine helps for a lot of å…ƒ (yuan).. 

And their are debates going on that the 1 child policy will end in 2015-2020 or atleast changed..