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Old 10-29-2014, 02:47 AM
 
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Quote:
Originally Posted by John-UK View Post
They do have much larger populations.

Manufacturing low-tech goods in the UK is rather dumb thing.
Germany has 25 % more people but is exporting 100 % more goods and services.
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Old 11-02-2014, 02:38 PM
 
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In the 1960's they also thought the USSR would overtake the US. They also thought Japan would overtake the U.S.
Enough said.
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Old 11-07-2014, 07:45 AM
 
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Since economics is inherently inexact, then I don't see how seasoned economists can say this with any certainty..

I think we will become bigger than Germany economically relative to them in 10-20 years, but then we really need to become more like them in terms of manufacturing high-tech goods. We are recovering well from the recession, however this just based on debt again, though to be fair with some manufacturing but not enough.

Anyhow, I don't get how having a large economy is a sense of pride, I'd care more if our economy was working (which it is), and provided high living standards. A large GDP doesn't have to do any of that.
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