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[Serious] When will China exceed the US in aggregate nominal GDP?
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11-28-2010, 08:02 PM
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JediReturns84
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Again, I am not ****ing disagreeing with you on your calculation, you twit. I know how it is done. Thanks for kicking in an open door yet again.
Your line 2) gives you nominal GDP adjusted for PPP. It is the same as real GDP if you use USD in real terms for base year t.
Alpie said that from a GDP of about XX/cap he saw a slowdown for Japan some 20 years ago. China is close to this number so China should slow down.
In order to say something usefull on this you have to apply both PPP and CPI of the dollar to the XX. Not 100 % correct because of your 1a, I know, but good enough for practical use.
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