World News

32297 readers

864 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

By the yardstick that both the CIA and the IMF have adopted as the single best measure of national economies, China now has the largest economy in the world. (nationalinterest.org)

submitted 2 months ago by [email protected] to c/[email protected]

5 comments fedilink hide all child comments

top 5 comments

sorted by: hot top controversial new old

[–] [email protected] 7 points 2 months ago

The CIA metrics were big when I was in Econ classes

[–] [email protected] 6 points 2 months ago (2 children)

The US is struggling to even maintain its democracy, and all the while, excessive wealth extraction is strangling its economy. They're stagnating, so it's not at all surprising that a country with 4x the population would overtake it eventually.

[–] [email protected] 5 points 2 months ago* (last edited 2 months ago)

The US is not a democracy, it's a capitalist dictatorship.

[–] [email protected] 8 points 2 months ago* (last edited 2 months ago)

What are you talking about "struggling to maintain it's democracy". Have you read the founding documents and the letters among the nation's founders? "We must protect the opulent minority. The Senate will be that body". The Electoral College. The 3/5s compromise was not a moral thing, it was a power thing - it gave slave owners more votes. The USA's democracy is functioning exactly as it was designed and isn't straying from that path in the least.

[–] [email protected] 17 points 2 months ago

🐷 Quick! Invent another way to package mortgages!