Look Out Below!
Bill Quick

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 content, and retained value-added. And the winner is… Hint, not USA…

As BBVA sums up,

China shows 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.

Usually when you see analysis like this start to become prevalent, it’s a signal of impending doom for the favored nations. Sort of like making the cover of Sports Illustrated or Time Magazine.

Posted in Economy permalink
Bill Quick

About Bill Quick

I am a small-l libertarian. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.

Comments

Look Out Below! — 2 Comments

  1. Has China been on the cover of Bloomberg magazine (free to Bloomberg terminal subscribers but available in some newstands for a fee)? The financial world equivalent of those other (has been periodicals).