Comments on: Chinese GDP to surpass US by about 2016 or so http://blog.jim.com/economics/chinese-gdp-to-surpass-us-by-about-2016-or-so.html Liberty in an unfree world Thu, 09 Feb 2012 00:11:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: jim http://blog.jim.com/economics/chinese-gdp-to-surpass-us-by-about-2016-or-so.html/comment-page-1#comment-1991 jim Sat, 15 Aug 2009 10:26:11 +0000 http://blog.jim.com/?p=482#comment-1991 I still predict disaster around 2020 or so, not 2012 or so. My level of pessimism remains roughly constant. If the US is collapsing, it is is collapsing on about the schedule I have expected for the last several decades. There is a lot of ruin in a nation. Recent events have been extraordinary. Expect them to be overshadowed and forgotten due to events considerably more extraordinary. The level of fraud in the cpi appears to increasing. Keep an eye on the big mac index and the Hershey bar index. A large divergence between the cpi and a gram of chocolate will foreshadow interesting times. I still predict disaster around 2020 or so, not 2012 or so. My level of pessimism remains roughly constant. If the US is collapsing, it is is collapsing on about the schedule I have expected for the last several decades.

There is a lot of ruin in a nation. Recent events have been extraordinary. Expect them to be overshadowed and forgotten due to events considerably more extraordinary.

The level of fraud in the cpi appears to increasing. Keep an eye on the big mac index and the Hershey bar index. A large divergence between the cpi and a gram of chocolate will foreshadow interesting times.

]]> By: Constantinople http://blog.jim.com/economics/chinese-gdp-to-surpass-us-by-about-2016-or-so.html/comment-page-1#comment-1969 Constantinople Fri, 14 Aug 2009 06:50:28 +0000 http://blog.jim.com/?p=482#comment-1969 Last year I freaked out when the bailout was passed. I thought this marked the beginning of the end of the US, because the level of insanity of it was about one order of magnitude greater than I had been used to previously (70 billion tossed down a black hole was not unusual; 700 billion was). In the back of my mind, however, I had the suspicion that I was overreacting to the immediate situation, and that soon enough, my pessimism would subside. I'm still waiting for my pessimism to subside. Last year I freaked out when the bailout was passed. I thought this marked the beginning of the end of the US, because the level of insanity of it was about one order of magnitude greater than I had been used to previously (70 billion tossed down a black hole was not unusual; 700 billion was). In the back of my mind, however, I had the suspicion that I was overreacting to the immediate situation, and that soon enough, my pessimism would subside.

I’m still waiting for my pessimism to subside.

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