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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 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 16 points 1 month ago

🐷 Quick! Invent another way to package mortgages!

[–] Enkers 7 points 1 month ago (1 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] 4 points 1 month ago* (last edited 1 month ago)

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

[–] [email protected] 7 points 1 month ago

The CIA metrics were big when I was in Econ classes