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Thread: And The World's "Most Powerful" Nation Is...

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    And The World's "Most Powerful" Nation Is...

    And The World's "Most Powerful" Nation Is... | Zero Hedge

    In terms of economic might, BBVA has created an index of "world market power" enabling an at-a-glance view of a nation's impact on the global economy via relevance of exports, exposure to external shocks, technological conshows the highest value not only among emerging economies but also when considering all the sample, inverting with the US the rank order given by the exports’ share in nominal terms.

    China holds the largest share among emerging markets in the sample for 9 out of 18 industries, including all manufacturing groups except food (surpassed by Brazil). The largest industry share corresponds to textiles and leather (above 30%).
    tent, and retained value-added. And the winner is... Hint, not USA...
    Who agrees, and why?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: And The World's "Most Powerful" Nation Is...

    Economic might yes, political might maybe, militarily no.
    PeteEU

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    Re: And The World's "Most Powerful" Nation Is...

    Their economic might is almost entirely derived from having a gigantic population. They are a full-scale 1st world business empire, a 2nd world totalitarian state and a bunch of third world countries all within the same borders.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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    Re: And The World's "Most Powerful" Nation Is...

    What's not to agree with?

    The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

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    Re: And The World's "Most Powerful" Nation Is...

    Cuba perhaps? It is one of the few places where the population has stood up to the worldbullies, when all's said.

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    Re: And The World's "Most Powerful" Nation Is...

    Quote Originally Posted by Dragonfly View Post
    What's not to agree with?
    If it ever came down to it I would prefer to be the one holding more missiles than and bills/bonds.
    Last edited by Higgins86; 04-07-14 at 10:17 AM.
    ‘This is not peace, it is an armistice for 20 years.’ (Ferdinand Foch. After the Treaty of Versailles, 1919).

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    Re: And The World's "Most Powerful" Nation Is...

    Quote Originally Posted by Dragonfly View Post
    What's not to agree with?
    Holding US sovereign debt has nothing to do with economic power over the US so I don't even see how this is relevant. Perhaps it's relevant in the sense that it shows how economically dominant the US is in that its bonds are in such high demand internationally relative to others'.
    "I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."

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    Re: And The World's "Most Powerful" Nation Is...

    Quote Originally Posted by Penderyn View Post
    Cuba perhaps? It is one of the few places where the population has stood up to the worldbullies, when all's said.
    Just not to the Domestic dictatorship....
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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    Re: And The World's "Most Powerful" Nation Is...

    Quote Originally Posted by American View Post
    I strongly disagree that this analysis is very meaningful when it comes to overall economic power. A measure that is largely based on exports is far too narrow to assess a nation's overall economic clout. Even as the U.S. has competitiveness challenges in some of its sectors, its overall economic power is far greater than what the BBVA measure suggests whether one discusses overall size of the economy, overall trade, structural sustainability of economic activity, etc.

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    Re: And The World's "Most Powerful" Nation Is...

    Quote Originally Posted by American View Post
    America, in my mind, remains the leading economic and military power in the world and that's not about to change any time soon. In fact, look for the economic bubble to burst in China soon as their economy fueled by unsecured and easy credit/debt with little or no economic growth begins to implode. There was a time, not to long ago, when India was seen as a new world economic power, but they suffered the same fate - but India is the world's largest democracy, so political unrest and revolution didn't follow. Watch out for the masses in China, having gotten a taste of capitalism and free enterprise, rising up against a corrupt governmental and banking system. Perhaps not in what's left of my lifetime, but one day in the not too distant future, China as a society will implode but the aftermath will be brilliant.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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