The Ascent of Money - US:0 - China:1 - GoFuckYourself.com

Overload · 03-26-2009, 01:48 PM

chimerica ... the all so wealthy USA ... living on debts

start here and watch related videos ...
https://youtube.com/watch?v=QmLNV8WYAO0

remarkable:
average annual income in US: $44.000
-""- in china: $2000

so how come the US needs to borrow so much from a poor country?

DarkJedi · 03-26-2009, 01:54 PM

Quote:

Originally Posted by Overload

so how come the US needs to borrow so much from a poor country?

China is far from being poor.

USA population: 300 mil
China population: 1.5 bil

Do the math.

Overload · 03-26-2009, 02:00 PM

Quote:

Originally Posted by Davey Jones

China is far from being poor.

USA population: 300 mil
China population: 1.5 bil

Do the math.

err, simple math ... population * average income/yr:
US: $13.200.000.000.000
China: $3.000.000.000.000

hmmm ... how come the chinese save so much more
with a way smaller income?

_Richard_ · 03-26-2009, 02:41 PM

Quote:

Originally Posted by Overload

err, simple math ... population * average income/yr:
US: $13.200.000.000.000
China: $3.000.000.000.000

hmmm ... how come the chinese save so much more
with a way smaller income?

they don't believe in debt?

a vast majority of these people live far below the poverty line?

XPays · 03-26-2009, 02:44 PM

communist govt takes the money from the people. then u.s. consumers buy cheap chinese goods- it's a win-win for china.

kane · 03-26-2009, 03:13 PM

It isn't just about average income. It is also about the tax rate. China taxes its wealthy at around 45% and since they are a communist country many of the businesses are owned (or at least partially owned) by the government. This allows them to pocket the profits from these businesses and helps give them a nice chunk of change.

Ace_luffy · 03-26-2009, 05:15 PM

starting watchin on it
but , i think America considering having debt on there own , while china accepting help to other country like japan and US

Overload · 03-26-2009, 05:40 PM

Quote:

Originally Posted by SBR Richard

they don't believe in debt?

a vast majority of these people live far below the poverty line?

depends on how you define poverty, not? if you cud get by with
less than $2000 yr covering all expenses and still have some left;
wud ya call it poverty? other way around; if earning $44k and ya
still not able to get by w/out CC or other debts; who is closer to
poverty?

bronco67 · 03-26-2009, 05:47 PM

How are they doing so well, when you read shit like this?

http://online.wsj.com/article/SB123171862994672097.html

They had a piece on the CBS news tonight about thousands of homes that have to be torn down because of this substandard drywall. This is the tip of the iceberg with that country. I don't know how a country with no fucking standards is going to compete with the rest of the world. They're growing too fast, and it will catch up with them eventually -- and I'll be there laughing at them, holding my nuts.

03-26-2009, 01:48 PM	#1
Overload Confirmed User Industry Role: Join Date: Jul 2005 Location: Beck's City, North Teutonia Posts: 3,185	The Ascent of Money - US:0 - China:1 chimerica ... the all so wealthy USA ... living on debts start here and watch related videos ... https://youtube.com/watch?v=QmLNV8WYAO0 remarkable: average annual income in US: $44.000 -""- in china: $2000 so how come the US needs to borrow so much from a poor country? __________________ There aren't enough faces and palms on this planet for an appropriate reaction to religion.

03-26-2009, 02:44 PM	#5
XPays Team Player Join Date: May 2004 Location: Inside the most accurately counting and reporting affiliate system in the world at XPays.com Posts: 13,002	communist govt takes the money from the people. then u.s. consumers buy cheap chinese goods- it's a win-win for china. __________________ InterNext Expo Domain Auction Live Now thru Feb 5 HuntingMoon GFY Domains Marketplace is LIVE XPays always pays! Top Site: * RealJasmine.com * + HotelHeiress® with The Paris Hilton Sex Video Insert the HotelHeiress® HD FEED into your members areas XPin.com Opening for Pin Partners Soonish Mainstream Offers For Emailers and DomainersNONADULT.COM Like Us!

03-26-2009, 05:15 PM	#7
Ace_luffy www.creationcrew.com Industry Role: Join Date: Feb 2005 Location: CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM Posts: 12,111	starting watchin on it but , i think America considering having debt on there own , while china accepting help to other country like japan and US __________________ ++ Adult and Mainstream Websites Designs \| 10 banners for only $50 \| html5 Banners ++ email : [email protected] Telegram : https://t.me/creationcrew \| HTML5/Responsive Site - Div/CSS - ElevatedX - NATs - Wordpress

03-26-2009, 05:47 PM	#9
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,032	How are they doing so well, when you read shit like this? http://online.wsj.com/article/SB123171862994672097.html They had a piece on the CBS news tonight about thousands of homes that have to be torn down because of this substandard drywall. This is the tip of the iceberg with that country. I don't know how a country with no fucking standards is going to compete with the rest of the world. They're growing too fast, and it will catch up with them eventually -- and I'll be there laughing at them, holding my nuts. __________________

03-26-2009, 03:13 PM	#6
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	It isn't just about average income. It is also about the tax rate. China taxes its wealthy at around 45% and since they are a communist country many of the businesses are owned (or at least partially owned) by the government. This allows them to pocket the profits from these businesses and helps give them a nice chunk of change.