USA set to lose its spot as the top world economy by next year

[JOE]

https://apple.news/ASw5PSCQ9TSekR-E1WnLHmQ">https://apple.news/ASw5PSCQ9TSekR-E1WnLHmQ



...a spot it may never regain.



And 7 of the top world economies could be Asian very soon.



Comments?

[Anonymous]

https://apple.news/ASw5PSCQ9TSekR-E1WnLHmQ">https://apple.news/ASw5PSCQ9TSekR-E1WnLHmQ



...a spot it may never regain.



And 7 of the top world economies could be Asian very soon.



Comments?

It was inevitable.

[Odinson]

I thought it already lost it..

[Wazzzup]

I don't know about this as much as SB so he can correct me if I am wrong.  



Manufacturing is the main engine of an economic growth and more and more western economies are moving away from manufacturing and getting their goods by importing from places with cheap labor like china.

[Anonymous]

I don't know about this as much as SB so he can correct me if I am wrong.  



Manufacturing is the main engine of an economic growth and more and more western economies are moving away from manufacturing and getting their goods by importing from places with cheap labor like china.

This is an old Joe thread, the Seoul brother will not post in it.

[Odinson]

I don't know about this as much as SB so he can correct me if I am wrong.  



Manufacturing is the main engine of an economic growth and more and more western economies are moving away from manufacturing and getting their goods by importing from places with cheap labor like china.

And they are moving their HQs to countries with low taxation.

[Anonymous]

I don't know about this as much as SB so he can correct me if I am wrong.  



Manufacturing is the main engine of an economic growth and more and more western economies are moving away from manufacturing and getting their goods by importing from places with cheap labor like china.

And they are moving their HQs to countries with low taxation.

And since Trump lowered US corporate tax rates, companies have brought billions of dollars back the good old USA.



Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.

https://www.nytimes.com/2018/01/17/technology/apple-tax-bill-repatriate-cash.html">https://www.nytimes.com/2018/01/17/tech ... -cash.html">https://www.nytimes.com/2018/01/17/technology/apple-tax-bill-repatriate-cash.html



Thanks To Tax Cuts, Companies' Overseas Profits Now Flooding Back To U.S.

https://www.investors.com/politics/editorials/overseas-profits-return/">https://www.investors.com/politics/edit ... ts-return/">https://www.investors.com/politics/editorials/overseas-profits-return/

[@realAzhyaAryola]

Trump is skipping this year's World Economic Forum to focus on the border.

[Anonymous]

Trump is skipping this year's World Economic Forum to focus on the border.

I read that and I think it is the wise move. Those international backslapping events are useless C02 emissions generators. Stay home and stick to his guns on the wall.

[Odinson]

China has raised the living standards of 500 million people from extreme poverty to dirt poor..





The next level is skinned broke..

[Anonymous]

China has raised the living standards of 500 million people from extreme poverty to dirt poor..





The next level is skinned broke..

They have lifted about three hundred million people to living standards comparable to Korea in terms of PPP.

[@realAzhyaAryola]

Brace yourselves for impact, folks. The market will be affected by a few things coming up. China negotiations and the Battle for the Wall and a few other things.

[Gaon]

Brace yourselves for impact, folks. The market will be affected by a few things coming up. China negotiations and the Battle for the Wall and a few other things.

The outlook is better this week. it looks like no more interest rate hikes for a while. Trump is hinting a deal with China is coming in the next few months.

[Anonymous]

I don't know about this as much as SB so he can correct me if I am wrong.  



Manufacturing is the main engine of an economic growth and more and more western economies are moving away from manufacturing and getting their goods by importing from places with cheap labor like china.

This is an old Joe thread, the Seoul brother will not post in it.

You got that right.