Re: china manipultes currency
Unless children are kept in secret after being born, the numbers will be quite accurate. China has a registration system for its citizens (when you are born you are registered to that province and only receive benefits from that province. This is used to combat the very large (going from memory but I think China had a floating population of 150 million)...
Country 1999 2000 2002 2003 2004 2005 2006 2007 2008 2009 2010
China 3,800 3,600 4,400 5,000 5,600 6,800 7,700 5,400 6,000 6,700 7,600
Ok, this is your data that you provided to support your argument. Yes, 2007 saw the GDP drop from 7,700 to 5,400...but I am pretty sure 6,000 is greater than 5,400...and 6,700 is greater than 6,000....and 7,600 is greater than 6,700...I am just saying, 3 consecutive years of growth...coupled with the information I provided of the growth rates of 2010, and the predictions of 2011, to say that you don't see the PPP rising is turning your eyes off at information that you simply don't agreeb with (and failed to provide supporting evidence...also you made an argument based loosely on a single year and then made the comment that you don't trust it, not the best way to make an argument
)...sure the PPP dropped in 2007, but as mentioned, so did many other nations in that area (who have subsequently rebounded...the PPP of China is almost at its highest it's been in recent years, and that itself should say something. It is 2nd only to the US, which is having financial issues recently (and the original reason for this thread)...another 2 nations to watch out for are India and Brazil, plenty going on there and may be the next big economic boom ![]()
~Wornstrum~