America Losing Its Global Dominance In Science

[Kidlicious]

Maybe elok was referring to local governments developing real estate...

http://online.wsj.com/news/articles/SB10001424052702304747404579446764089559736

There is a lot of overinvestment in real estate. Every economy that has grown fast like China's has had a serious contraction. I don't think most economists predict one for china, but this WILL be corrected. What will Chinese invest in then?

[DaShi]

Economists predict "correction" for China every year.

[Kidlicious]

That's because corrections always happen eventually.

[Ben Kenobi]

The spread between PPP and nominal GDP is really just telling us that there is an enormous intrinsic value to living in a country that isn't as ****ty as china, which drives the prices of all goods up. Add to that the distortions and contortions created by the general badness of the PPP measure itself and it's pretty obvious China still sucks dick and will continue to suck dick for a while.

Basing a measure on prices in China when prices in China aren't subject to price discovery is going to introduce systematic error.

Also, their standard of living is basically cresting now. I'm not so certain that the nominal GDP of the US will ever be surpassed.

[Ben Kenobi]

Japan also not growing. What will happen to the US then China when demographics catch up?

Look at China's numbers again. China first.

It's also strange and weird to see someone else writing the same things I've said for years...

[Kidlicious]

Look at China's numbers again. China first.

It's also strange and weird to see someone else writing the same things I've said for years...

No. Everything you say is BS.

[Gatekeeper]

Well, if Lockheed's breakthrough regarding fusion technology holds up, maybe that will restore some "oomphf" to America's scientific prowess — which, I do believe, is still relatively high, despite seemingly determined efforts from some political and economic quarters to waylay and ambush.

[PatriaCoutee]

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[ricketyclik]

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[The Mad Monk]

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[ricketyclik]

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[The Mad Monk]

[DaShi]

:wiglaf:

[KarmaHockins]

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[ricketyclik]

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