[Serious] When will China exceed the US in aggregate nominal GDP?

[Kidlicious]

It's hard to say, but China won't keep growing at the rate they are and I suspect that most people are overestimating the amount that they will grow in the future.

[KrazyHorse]

You are a truly despicable specimen of humanity. You can't take your own medicine so don't dish it out. Alby seems like an agreeable human being which is much more than can be said for you.

Can't take what medicine, twit?

[dannubis]

Can't be arsed to check but the GDP numbers better be @ PPP or you are comparing apples and oranges...

[Tupac Shakur]

It says nominal GDP in the title, you ****wit.

[KrazyHorse]

It says nominal GDP in the title, you ****wit.

[dannubis]

It says nominal GDP in the title, you ****wit.

Then what are you idiots discussing about.

[Tupac Shakur]

We were discussing the question that is the title of the thread, but now we're probably going to start laughing about what a ****** you are.

[dannubis]

It says nominal GDP in the title, you ****wit.

Oh and ****face Drake, GDP can be in nominal terms but adjusted for PPP. Nominal vs real indicates there has been a correction for inflation.

[dannubis]

We were discussing the question that is the title of the thread, but now we're probably going to start laughing about what a ****** you are.

Oh what a snappy come back. You are such a big boy. Unfortunately value add is rather low if you never know what you are discussing about and when you can only exist by the grace of KH.

[Tupac Shakur]

I'll start. Jesus, is that dannubis ****er a complete ****** or what?

[Al B. Sure!]

Oh and ****face Drake, GDP can be in nominal terms but adjusted for PPP.

No. Sorry. That's not right.

[dannubis]

@ ****face: How old are you ?

[dannubis]

No. Sorry. That's not right.

Dude, it is.

[Al B. Sure!]

How? Real values represent purchasing power. How can there be both nominal PPP GDP and real PPP GDP? You're already indexing it to represent differences in the purchasing power of currency within countries. Why would you index it to a country's inflation rate? Inflation adjustments are used to represent purchasing power as is within a country.

I have never in my life seen the words 'real' or 'nominal' precede PPP GDP because PPP implies real.

[dannubis]

Never had a reason to use a nominal PPP adjusted GDP in my models, but you can when you calculate the PPP index extract the CPI (or whatever inflation index you want to use).