We tend to be emotional as a result of non-political statistics resulting in seemingly unbelievable conclusions.
What prevents China's GDP from being number 1 in the Economic world. Having good roads in Austria or in the USA has nothing to do with determing the level of GDP. Is it not possible for Austria to finance the construction of roads and hospitals from loans (and not from domestic production)? Is it uncommon for the USA to finance its network of super highways with loans from foreign sources? Does high GDP mean automatic high standard of living? A country's high GDP does not necessarily mean that its nationals are enjoying high standards of living. High GDP can be a result of unlimited hours of work or even crude means of production and manufacturing. Also, some high GDP earners may decide not to deliver social services to their citizens. The number of chiness citizens applying for assylum in Austria, Nigeria, Cameroon and even the USA does not negate the fact that China's GDP can be higher than the GDP of the USA. People do not necessarily leave their
countries because of low GDPs. Again,the provision of social services like housing has nothing to do with GDP computation; social services relate to Gross Domestic Consumption.
Let us be fair to those countries who deserve praise, even if those countries are Nigeria and China.
Oben Georgie
MECA Dallas------------------------------------------
On Sat, 12/6/14, Tabong Kima <bakebe1@msn.com> wrote:
Subject: Re: [cameroon_politics] AMERICA NO.2 TO CHINA? LIES - NUMBERS DON'T TELL THE STORY HERE
To: "ambasbay@googlegroups.com" <ambasbay@googlegroups.com>
Cc: "cameroon_politics@yahoogroups.com" <cameroon_politics@yahoogroups.com>, "ManyuVoice@googlegroups.com" <ManyuVoice@googlegroups.com>, "Bakebe Bakebe" <bakebe@yahoogroups.com>
Date: Saturday, December 6, 2014, 3:37 PM
A
nonsensical sensational headline with no
warrants.
Tabong
Kima
Sent from my
iPhone
On Dec 6,
2014, at 10:53 AM, Morgan & Jean Enowmbitang <mjenow@sbcglobal.net>
wrote:
Perfect write
up.Morgan
On Saturday,
December 6, 2014 3:33 AM, 'louis egbe' via ambasbay
<ambasbay@googlegroups.com>
wrote:
FEN,
Correct
analysis. However, the truth is that China now has more
money than America. America's superpower status is under
threat.
Nigeria has more money than SA. They are now a more
powerful nation.
Mbua
On Saturday, 6
December 2014, 9:14, 'Divine Rhyme' via ambasbay
<ambasbay@googlegroups.com>
wrote:
America
has been the wealthiest nation on earth for a long time and
will continue to be so for another long time to come. The
quantity of money owned by China has nothing to do with the
wealth it has at the moment and this situation will continue
until the last Chinese decides not to emigrate to America
for a better life. I live in Austria and despite its size
and population and GDP, its a far "wealthier"
country than China. The facts are clear through the number
of Chinese seeking for permanent residency in Austria - who
even outnumber the entire Austrian population.Visit
Austria and even go to the most remote
villages - there you will find a modern hospital, high
school, water supply, decent housing, road network,
supermarket, fire station, even car dealerships and all
those comforts found in the large cities.The highway network
in Austria is
comparable to that of any country of the developed
world. If every country had to put an end to its social
responsibilities to its citizens, the story would be largely
different. That is also why the excitement about Nigerian
economy GDP being better than that of SA is just a
deceitful tale of figures
So the
claim that Chinese economy supersedes that of the US is
one of the situations where numbers alone do
not tell the whole story. I think American GDP would be
very different if government did not divert resources to
provide for social security, subsidized housing,
transportation, education, healthcare, research grants etc.
It would also be different if government did not divert
resources to be maintaining one of the best highway systems
in the world, and also the complex road and railway network
that allows people to travel from state to state or county
to county. Inspite of USAID shortcomings, the American GDP
would be very different if much resources were not diverted
to these kind of programs. Americas
successes should be lauded and so we should be fair enough
not to ignore that because of some of its
shortcomings. If China
was to divert resources to do just a quarter of what America
does to its citizens and the world, China will be reduced to
a third world country just within a week.FEN
From: "Greig Batey
bateygreig20@yahoo.ca
[cameroon_politics]" <cameroon_politics@yahoogroups.com>
To: "cameroon_politics@yahoogroups.com"
<cameroon_politics@yahoogroups.com>;
"ambasbay@googlegroups.com"
<ambasbay@googlegroups.com>;
"ManyuVoice@googlegroups.com"
<ManyuVoice@googlegroups.com>
Sent: Saturday,
December 6, 2014 7:50 AM
Subject:
[cameroon_politics] Fw: [MINCAM] It's official: America is
now No. 2 to China
Call them
copy cats or whatever. To copy is better than being
jealous.BG.
-----
Forwarded Message -----
From: "Julius
Ngwendson ngundeju@yahoo.com
[MINCAM]" <MINCAM@yahoogroups.com>
To:
Sent: Friday, December
5, 2014 8:32 AM
Subject: [MINCAM]
It's official: America is now No. 2 to China
It's official: America is now No. 2 to
ChinaIt's
official: America is now No. 2
It's
official: America is now No. 2The
Chinese economy just overtook the United States economy to
become the largest in the
world.View
on finance.yahoo.comPreview
by Yahoo
Need
Jesus? www.NeedHim.org Julius N. Ngwendson
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