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Old 08-11-2010, 10:32 PM
RN7 RN7 is offline
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Unless of course the American economy continues it's downward spiral into the toilet and they can't afford to maintain what they've already got...
Who knows what will happen in 10-20 years? All I know is that it takes money, lots and lots of money to field and maintain the nice hi-tech equipment.
The Chinese economy is growing. The American economy is in a little difficulty.
Despite being in a recession the US is not doing to badly at the moment. According to the latest data the US economy is 14,245 billion US$ compares to China's 4,909 billion US$, which is about three times bigger than China. The US inflation rate is 1.1% compared with China's 2.9% and the US interest rate is 0.25% compared with China's 5.31%. Also 39.7% of China's entire GDP is generated by the export of goods and services which seems to indicate that China's economic boom seem a bit reliant on trade with other countries. Also America's GDP growth rate is considerably higher than the whole of Europe and Canada, and also than Australia where you live Leg Breaker
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