Tech
Will The U.S. Remain The World’s Leading Economy? | The Bottom Line
Economists believe the U.S. could lose its ranking as the world’s leading economy in the 21st century, as measured by gross domestic product. But the U.S. is set to extend its run through the 2020s, on the back of slower-than-expected growth trends in China. Investors are now placing fresh bets on emerging markets as the working-age population booms in the Indo-Pacific.
Chapters:
00:00 Cold open
00:56 Ch 1 – United States
03:27 Ch 2 – China
06:17 Ch 3 – India
Produced by: Carlos Waters, Mark Licea, Jack Hillyer
Supervising Producers: Lindsey Jacobson, Jeniece Pettitt
Additional footage: Getty Images
Additional sources: S&P Global Intelligence, United Nations, World Bank
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Will The U.S. Remain The World’s Leading Economy? | The Bottom Line
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@asniyanisiregar5552
January 16, 2024 at 11:59 am
Tapi,..Ada,..Adek Mh. Kawan Mh,..Orang Baik-baik,..orang kampung,..bukan,..Lonte . tapi Anak kakak dan saudara Aku. Ada nya uang kawan UM,..Iyah,..remix bo kalian,..Biden, Putin,..papak,..Mh jujur,..tidak ,bohong,..Mh.✌️
@samuelzev4076
January 16, 2024 at 11:59 am
To some extent the US will still be an economic superpower in the coming years but it is slowly dwindling because of bad economic policies but that doesn’t mean China will beat the US as an all time superpower, just remember that china is still a communist country with the guise of capitalism, it is a recipe for disaster waiting to implode on itself
@Gladiatorking7
January 16, 2024 at 11:59 am
China is already the largest economy in realistic rerms
@presidiun
January 16, 2024 at 11:59 am
Hasn't been the case for years, but don't trouble your little heads with this.
@ritwik5774
January 16, 2024 at 11:59 am
China is already a larger economy than the US and comfortably so. Comparing economies based on nominal dollar exchange rates is the height of misinformation, which is probably why it persists.
The U.S. economy runs on nothing but fairy dust. The petrodollar is already dead, the dollar is the reserve currency in name only.
Why do you think the American government is so desperately trying to shift manufacturing to the states.
It's finished for the U.S.
@galaxymetta5974
January 16, 2024 at 11:59 am
USA living standards and infrastructures do not match its high per capita income because a big portion goes to pay for tax, wars, interest expenses, military complex, expensive medical, legal and accounting services which do not add to the quality of life.
Consequently USA infrastructures are outdated and its home ownership rate is only 66% compared to China 90%. And Americans could afford to eat out less and travel less than Chinese.
USA system is also unsustainable with debts hitting usd 34 trillion plus usd 9 trillion printed money, and with debts still increasing at usd 2 trillion a year. This comes at a time when the world is fast losing confidence in the banana usd.
@robertoperezaguirreeliasca7559
January 16, 2024 at 11:59 am
Take your pick……
Greyerz – Get Into Physical Gold Now Or Risk Losing Your Entire Fortune
With the US shooting itself in the foot again, we are now certain that this is the final farewell to the bankrupt dollar based monetary system.
The total mismanagement of the US financial system has led to the dollar losing 98% of its value since Nixon closed the gold window in 1971. Most other currencies have followed the dollar down at varying speeds.
We have only 2% left for the dollar based currency system goes to ZERO.
As Voltaire said in 1728, “Paper money always returns to its intrinsic value – ZERO.
The US Economy WORSENS FASTER… Bond Market ROLLERCOASTER Ride.
World Bank: Global Economy on Track for Worst Half-Decade of Growth in 30 Years
60% Of Global Economy Is In For A 'Lost Decade' Due To Record Debt
America’s Runaway Debt Scenario: $1,000,000,000,000 In Interest
The U.S. federal government has borrowed so much money that, over the past year, it has had to spend one-fifth of all the money it collected just on debt interest—which came to almost $880 billion.
“The problem is serious because, any way you cut it, taxpayers are paying interest on the mountain of debt that has been accumulated,”
Fubar
Snafu
See you all in nxt episode!…..
Tax slaves!
@googlerefer7527
January 16, 2024 at 11:59 am
nope lol
@svart7716
January 16, 2024 at 11:59 am
The most important thing is not being the largest economy but it is how the individuals in a country live. USA will be the richest and most powerful country for a long time. But if you have to pay a huge college fee for your children or if you need an expensive health insurance for your family or you always have to work even when you are sick or not able to find a job then you have a problem. All Scandinavian countries and some other European countries are not big economies but you pay nothing for healthcare or school. If you are not able to work then government will take care of you. You get 400 days paid maternal/paternal leave and the list goes on and on. Income redistribution is the key to wellbeing of citizens…
@richman3259
January 16, 2024 at 11:59 am
😂 байден будет прислугой Си.
@yogitharanachandrasekhar4263
January 16, 2024 at 11:59 am
20444
@npc2480
January 16, 2024 at 11:59 am
The US has the mentality of “if you ain’t number one then you are in last place.” This kind of mentality could lead to war.
@rudrakshrai4637
January 16, 2024 at 11:59 am
It won't take India that long because of population decline worldwide including China.
@chriswheeler6092
January 16, 2024 at 11:59 am
I feel like American corporations enabled the Chinese economy to grow. I almost feel like all the talk of the past couple years is just karma and now things are changing in a hurry
@joealonzo536
January 16, 2024 at 11:59 am
In🚊the past 3 bidenyears, the biden^wealthy corporations had been buying all single houses, biden^administration give them tax money to construct warehousesANDapartments’ buildings, the FED policy “Interest rate cuts 2024” is to keep home prices permanently high for Biden^billionaires friends to double their free money in the high price home sale and high price rent. The only problem is that normal worker earning less than 60dollars an hour cannot effort to buy a home. Worker’s hourly rate should be $60 or higher
@dunai2012
January 16, 2024 at 11:59 am
That is merely an art of number manipulation. If the rate USD vs RMB becomes 1:3 or so China's economy would overpass the US tomorrow. Similarly China would remain behind the US if their currency keeps 1:7 to the US dollars. So you know the trick of how to let the US hold the title of number one economic power. 😂
@user-zu7ys7up3r
January 16, 2024 at 11:59 am
USA is the largest producer of oil n therefore this will keep usa above all nations
@arjun.islampur
January 16, 2024 at 11:59 am
Bharat 🇮🇳 is going to overtake both of them..
@user-ho4qv1pk9s
January 16, 2024 at 11:59 am
😂😂😂😂😂 Dream on…
Who owns the seven seas makes the trade rules😎😎😎😎….
@barryshaw5660
January 16, 2024 at 11:59 am
Guess you didn’t get the memo, China’s economy has already surpassed the USA.
@ShnNar1000x
January 16, 2024 at 11:59 am
China is using industrial robots at about 12 times that of the US. The various US tech sanctions are certain to add rocket-fuel to China's tech development. In China, about 45% of the population live in the rural areas, meaning there is still a lot of economic potential to be unlocked in urbanization. Also, Chinese save about 30% of their income. If the govt can unlock that, China will surge ahead. I don't think that most of these economists are taking the full range of factors into consideration. One thing to remember is that economists have been predicting China's collapse for decades. It has not happened yet, which may suggest that most economists don't know what they are talking about in respect to China. By PPP, China is already the size of Japan bigger than the US. That will only continue to grow.
@thewisemanshow7438
January 16, 2024 at 11:59 am
Since 2017 China have been the largest economy globally. But western media keep singing a different song 😂😂😂
@Your2ndDad
January 16, 2024 at 11:59 am
USA has a low pruductive Mc donalds economy while China is a high productive economy
@Your2ndDad
January 16, 2024 at 11:59 am
The middle class life is same in all the countries
@Your2ndDad
January 16, 2024 at 11:59 am
They forgot to talk about PPP in which China is already sitting on the top.
@user-wr5rx8bx2u
January 16, 2024 at 11:59 am
Usa standard of living is so good that there own people cannot live in that standard 😂
@AadarshChoudhary15
January 16, 2024 at 11:59 am
United States.
@user-rn8kc3wl4v
January 16, 2024 at 11:59 am
중국의 독재와 전체주의를 경계 및 견제 의해
세계를 보호 힘은 유럽과 미국이 이을 것이나
시진핑이 못해서지, 서구가 잘해서가 아닌 등
중국의 G1을 저지길은 안보이며 위안화가 유
로화에 이어 달러화도 대체가 안이상 해 서구
가 집권여당, 집권여당보다 의석수 더 차지한
중국이 거대야당. 중국은 서구의 국제 방침에
사사건건 문제제기하며 반대. 중국이 자진 해
성장둔화시켰다면 서구에 맞설 국제여론주도
를 중국이 할 능력부족 때문일 그만큼 중국도
서구와 체제만 반대 뿐 사법체계가 비슷 잠재
정도 비슷한 점 넘침시사 이유 둘다 북방지역
@gokulm.j.m
January 16, 2024 at 11:59 am
India will be an global superpower after 2090 i guess , there is a lot we need to focus on , one such factor is gdp per capita