Terminalcoffee discussion

note: This topic has been closed to new comments.
Feeling Nostalgic? The archives > China Passes Japan as Second-Largest Economy

Comments Showing 1-3 of 3 (3 new)    post a comment »
dateDown arrow    newest »

message 1: by Arminius (new)

Arminius | 1037 comments http://finance.yahoo.com/news/China-P...

Will China surpass the U.S. economy?

I do not think so. Many economists in the 1940's were predicting that the U.S.S.R. would surpass the U.S. economy. That never panned out.

As the NY Times pointed out, in the 1980's some were predicting that Japan would surpass the U.S. That never happened either.

message 2: by [deleted user] (new)

My guess would be that yes they will, as they continue to build infrastructure and only if the pay structure for the majority of their citizenship increases.

message 3: by Kevin (new)

Kevin  (ksprink) | 11469 comments interesting thought jim because as their pay structure increases the costs of the manufactured goods rise. and because that is already beginning to happen some U.S. companies are bringing some manufacturing operations back to the states. we are already seeing it just like what happened in mexico after they raised their pay structures. companies shifted production elsewhere

back to top
This topic has been frozen by the moderator. No new comments can be posted.