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the only reason why the US is losing its position at the top is because of its population, because China has that it has an advantage.
a well led smart country will eventually have a high per capita gdp, the UK, France, Japan all have that the only difference is population.
Please explain your first sentence in more detail.
Are you saying a really large population helps you? If so, I would point you towards the Carribean....Puerto Rico for example.
>>the only reason why the US is losing its position at the top is because of its population, because China has that it has an advantage.
a well led smart country will eventually have a high per capita gdp, the UK, France, Japan all have that the only difference is population.>>
History will tell for sure in retrospect why America has lost a quarter of its value recently, as long as the textbook authors are not of the same ilk who claim George Washington was black, Jesus Christ was Asian, Slick Willy was honest, etc. I tend to believe economists who blame the missing gold standard. If we were still on it, inflation would have been less than 1% per year over almost the last 40 years.
You might find more people willing to discuss this in the Business/Finance/Investing forum. This one seems to be more laid back in discussions.
That's the kind of separation I like. The argument could easily be made that America does not control the world militarily - or by threat of force - but rather economically.
Please explain your first sentence in more detail.
Are you saying a really large population helps you? If so, I would point you towards the Carribean....Puerto Rico for example.
In a world where most developing countries are beginning to become developed eventually wealth will be spread out and the most powerful countries will be the ones with the most people.
The US has the highest per capita gdp in the world, the only reason the EU has a bigger economy is because it has almost 200 million more people. per capita gdp in the EU is a lot lower than it is in the US.
In a world where most developing countries are beginning to become developed eventually wealth will be spread out and the most powerful countries will be the ones with the most people.
The US has the highest per capita gdp in the world, the only reason the EU has a bigger economy is because it has almost 200 million more people. per capita gdp in the EU is a lot lower than it is in the US.
The countries with the most people do NOT become the most powerful. In fact, overpopulation carries with it a number of very bad issues.
Additionally your statement that "eventually wealth will be spread out" is an enormous assumption and ignores a number of things like geographical and cultural differences.
The countries with the most people do NOT become the most powerful. In fact, overpopulation carries with it a number of very bad issues.
if the US had the same population as the UK would it have ever become more powerful than the UK.
When Japan became more wealthy their gdp per capita eventually levelled off at or below what it was in the US and every other rich country. The only countries which were able to reach much higher gdp per capita were very small countries like the Netherlands.
The only countries or groups considered a threat to US world dominance are the EU and China.
The main thing that allows them to either have more potential than the US or a bigger economy is their population.
If China was divided into 10 different countries there is no way any of those countries would ever be considered a threat to US dominance.
I don't think you'd end up with the same gdp as the US if you took away 200 million people from the poorest countries of the EU.
if the US had the same population as the UK would it have ever become more powerful than the UK.
When Japan became more wealthy their gdp per capita eventually levelled off at or below what it was in the US and every other rich country. The only countries which were able to reach much higher gdp per capita were very small countries like the Netherlands.
The only countries or groups considered a threat to US world dominance are the EU and China.
The main thing that allows them to either have more potential than the US or a bigger economy is their population.
If China was divided into 10 different countries there is no way any of those countries would ever be considered a threat to US dominance.
I don't think you'd end up with the same gdp as the US if you took away 200 million people from the poorest countries of the EU.
India has almost 4x the US population.
We aren't talking world dominance, we were talking per capita income.
China is having a nice surge right now but its not going to last long term, they have a ton of different issues.
Mexico is going to catch up to Japan shortly in population, maybe already have....I'm not thinking their GDP is going to match each other.
India has almost 4x the US population.
We aren't talking world dominance, we were talking per capita income.
China is having a nice surge right now but its not going to last long term, they have a ton of different issues.
Mexico is going to catch up to Japan shortly in population, maybe already have....I'm not thinking their GDP is going to match each other.
Tons of holes in the hypothesis.
P.S. Indonesia
the fastest growing economies are almost all in poor countries with lots of people, and that's because wealth is spreading out. the rich countries can't get any richer and their population growth is low, but the poor countries can get a lot richer and they already have lots of people. it doesn't take a lot of wealth to turn a country with a per capita gdp of a couple thousand dollars into a world power if it has more than a hundred million people.
The US has the highest per capita gdp in the world,
Untrue. There are a lot of countries with a higher GDP per capita : sweden, norway, luxembourg, monaco, etc...
Quote:
the only reason the EU has a bigger economy is because it has almost 200 million more people. per capita gdp in the EU is a lot lower than it is in the US.
again, untrue, the Eurozone has got this year a gdp per capita higher than the US one. Eurozone is 320 millions of people.
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