[trumandogz]

Do people in the USA see it coming?

Many Americans are isolationists and do not travel outside of the States much less think about our place in the world economy. I would guess that 95% of Americans could not tell you the value of the dollar against the Euro and the vast majority do not understand the impact of the declining dollar on their daily lives.

While America is not in economic decline the economies of India, China and Brasil are on the way up. However, at some point in time at least one of the above mentioned nations will match the US in GDP and perhaps even surpass us.

[bruinbirdman]

"However, at some point in time at least one of the above mentioned nations will match the US in GDP and perhaps even surpass us."

U.S.A. GDP = $13.84 trillion (2007 est.)

Red China GDP=$ 3.251 trillion (2007 est.)

India GDP....=$ 1.099 trillion (2007 est.)

The U.S. economy grows the GDP of India every year.

yitbos

[AmericanInTokyo]

I did not know whether to laugh or cry when someone just last week cracked a joke out here:

War is God's Way of Teaching Americans Geography

I think ol' Fred Thompson said something during the campaign, after he had been on the road for awhile in many hamlets, towns and cities, about "he senses something out there in America worrysome on the minds of people" and I think maybe he was talking about this (America's competitive future).

I do wonder if we will get an intelligent discussion of it during the Fall Debates, or just some short soundbites and then on to other topics.

[Cronos]

China, if it doesn't implode, and IF it keeps up it's 9 to 10% growth (two, admittedly big ifs) will overtake the US by the middle of this century. The 2007 real GDPs for the US, China and India were: 13.8 trillion US$, 3.25 and 1.1 respectively and their GDP growth rates in 2007 were 2.2, 11.4 and 8.5 respectively.

Assuming that the US, china and india grow at 2.5, 10 and 8 for the time period, by 2020, their GDPs will be 18.6, 10.2 and 2.76 trillion respectively.

By 2029, China, by the same ASSUMPTION above, would overtake the US GDP, and the respective GDPs would be 23, 24 and 6 trillion.