thoughts in your country?
>>218271849Economics is the study of scarcity so are they asking what country creates the most scarcity? Because the US just sells tech mostly, you can't really economize something like a patent and every country makes their own stuff anyway it's only really the resources that are ever in demand. I will say I think China is doing a great job at making labor scarce considering the amount of automated factories they use, if those were set up in the EU/US boomers would have morphed into domestic terrorists, they were already pissing themselves because of CNC machines.
>>218271907This is retarded midwittery. If this were the case, then countries that "create the most scarcity" would be countries like South Africa that artificially create diamond scarcities or OPEC cartel countries that artificially limit oil production.
>>218271849Who in the world would think that china or any other country dominates economy if their currency is dependant on us dollars?
>>218271931Do you still believe in peak oil? That's literally what economics is: the study of scarcity.
>>218271975that's financial powerchina does have economic power because they import most of raw goods and export most of finished goods
>>218271849Japan still has some believers...
>>218271849I doubt those numbers are real amc
>>218271849Pure production output China dwarfs everybody else. Financials included however it's a different story. But financial fuckery is something we're good at. And hey, in between the bubbles it ends up funding some useful shit.
Imagine if there was a Sino-US economic alliance, the world would be fucked
>>218272749There was and everyone was happy, then the Minsk Accords happened.>>218272734Overproduction only works if you have a market it to sell it to, otherwise you're just amassing garbage. That's part of the reason the Great Depression happened, the US wanted to produce things in great volume but also wanted to be isolationist. China isn't isolationist so crisis averted. Without the financial shit you'd never find out who actually wants the stuff produced.
>>218271849kekwho the fuck says japan to this
ummm where is RUSSIA? i was told theyre a superpowerand INDIA? soon to be one
>>218273321Russia is legally not allowed to be an economic superpower, they were sanctioned.
>>218272839They did have markets to sell it to. And while it doesn't help to overproduce from the standpoint of the producer, it certainly makes things cheaper for the consumer.Wish we had a little bit of that magic here some times.
>>218273321They're corrupt and inefficient. One financial expert here has called Russia "a nuclear military power with the economic base of an African country."
>>218273480Which African country has a GDP of $2.54 trillion?
so every nation that interacts with china thinks theyre about the same as the us and everyone who only knows about china from gacha femboys thinks theyre living in a futurist world
>>218271849>24% of indians answered IndiaXD
>>218273571kek they did
>>218271849China is the largest manufacturing economy and the U.S. leads the world in chip design and AI models probably, but the total size of the Chinese economy is smaller than the American economy and its hard to tell if they will actually ever surpass the American economy and most importantly, whether they will be able to sustain that larger size due to their demographic problems.
>>218273924>demographic problems.chinese will automate best thing about chinese is supply chain logistics
>>218273924Biggest problem with china and authoritarian systems in general, is that we don't know much of it is real and how much is smoke and mirrors.
>EUGEG
>>218271849EU is the world's leading economic power. That's why you have standardized charging cables now. What the EU says is how it goes.
>>218271849Does the US produce anything tangible anymore? I don't think there's a single "Made in US" thing in my house right now
>>218271849Who the fuck says Japan unironically?
>>218271849the question is pretty vagueeverything is "made in China", but doesn't make them the richest in the worlddefine "economic power"
>>218276177The redpill is that there is no one (economic) power anymore, we live in a multipolar world. Putler was on to something.
Obviously it's Japan. They have highest tech and highest morals, unlike low morals gaijin who are proud of their demon chair reclining nuisance behavior.
>>218276238pfffft, get out with that goofy schizoduginist buzzword
>>218271907Bruh
