Posted on 11/18/2021 1:12:45 PM PST by Red Badger
The US has been stripped of its title as the richest country in the world, with China now being the world’s wealthiest nation. The switch-up in the global wealth leaderboard was announced in a report from McKinsey & Co., says Bloomberg who first broke the story, which revealed that China’s value skyrocketed from $7 trillion in 2000 to $120 trillion in 2020.
In that same time, the value of the United States climbed to almost $90 trillion, falling short of the number one spot.
China’s race to the top of the leaderboard contributed to almost a third of the total increase in global wealth which went from $156 trillion to $514 trillion in the same time frame.
https://interestingengineering.com/its-official-china-has-overtaken-the-us-as-the-richest-nation-on-earth?fbclid=IwAR19uMMdV9IyRPBG51-fbhm0gK2ZDMNQJcNzmG99UbXIMeP4nx2xAkUJ-Yo
Good, let the psychos focus there. Maybe we can thin the herd.
That’s a laugh.
Everyone needs to stop buying China made garbage
Bet 90% of Chinese don’t agree
Yet they are the worst country on the planet for human rights, pollution, bullying other countries, etc.
Chop, chop!
Maybe now China can FINALLY pay on the old bonds to American bond holders China has been defaulting on for three quarters of a century. They now owe us over a treeellyuuun dollars in unpaid treasury debt from American investors helping them build an old railroad.
Yes, but we are wealthy in Trannies. That’s the future, ya know.
We need a really high import tariffs, like yesterday.
Richest country in the world yet gets most favored nation treatment and developing nation benefits. Pretty stupid.
Joe got 10% along the way.
LET’S GO BRANDON!!!
Joke post?
The (We can throw any political opponents into jail without trial that we want) Dementia Joe regime says, “Hello”.
Their population is about 1.4 billion.
On a per capita basis, US is over three times richer.
Communism still sucks.
Also note, these guys get capitalist boosts from Hong Kong and Macao.
Lol. The “richest nation on earth” can’t build buildings that don’t crumble in a few years. Lolol.
How about a per-capita income analysis?
Bet most Chinese would fall far short of the wealth of even the poorest American.
The Chinese stuff is usually of far higher quality than the stuff our parents bought in the 1960s.
No one should surprised by the this. The American business and political class has gotten rich selling out America to China for a quarter century. It’s the biggest theft in world history since the barbarians looted the Roman Empire.
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