Finance, Forex and Investments

Why do some people (mostly the Libs/Dems) talk about India and China?

China's economy = $3 trillion India's economy = $1.3 trillion And they are going to compete us how...? Libs and Dems always exaggerate our competition. Just like they did with Britain and Japan. Look where THEY are and look where WE are. Huuuuge difference. Oh, and America's economy = $14 trillion. Now what? Well those projections are wrong. America will never lose, and you can bet on that.

Public Comments

1. Most projections have China as the largest economy in the world and India second in about 30 years.
2. The US is top dog now but you have to look at the long-term. America is a mature, stable and wealthy nation. India and China are countries starting from a low point and are catching up. Fast. Average annual growth is double figures. A good sign of growth for a western nation is 2% or 3%. So the idea is that the US has to head them off at the pass. You're quite pleased with yourselves now which is cool, but one day you'll have your mettle tested and you'll come up wanting, unless you do something about it now. It's what happened to Britain and Japan, and look where THEY are.
3. Kind of like how the Repub's 'overestimated' the USSR? China's GDP is 7.8 trillion & India is 3.3 trillion with both nations having greater growth potential than the US of A. India: a nation with the Bomb & a minority of 300,000,000 muslims. It's neighbor is a majority muslim nation which also has the Bomb & has fought how many wars with India since 1947? China: is a Communist state (dictatorship) with that same old Bomb, enough of our debt to bankrupt us & their govt/military routinely hit our DoD & DoE computer systems.
4. The unfortunate thing is that the US has a budget deficit of $7 trillion, nearly all of that is owed to China, Russia and India. They own the US, if it does not get this deficit down the USA will be a vassal state soon.
5. Which ever way you look at it America has been well and truly derelicted by the Chinese. All the great american brands are now Chinese, US manufacturing industry has been decimated by them. All the high ideals that the USA piously talk of, justice, freedom, democracy, free speech, anti terrorism, freedom of religion are fundementally alien to the Chinese regime, and funded by American consumers. India is the Worlds biggest democracy, the crucible of the non-violent protest movement, with a wonderful philosophical, artistic and cultured history; despite Western greed, attempts to impose Western religion, culture, capitalism. Don't measure a countries value only by the $ sign.
6. Oh, and America's economy = $14 trillion. Now what? now you take the national debt and subtract it from the American economy. $14 trillion - $10.7 trillion, -$800 billion of Obama's stim pack = $2.5 trillion Simple math kid. and as for your comment, America will never lose, and you can bet on that? I did bet on that, but look at 9/11. look at Korea. look at Vietnam. look at Afghanistan & Iraq. WTF are we "winning" exactly. can you tell us all? I guess you were one of those who said, America will almost get the most golds in the olympics too huh?