Beta
×

Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

We are sorry to see you leave - Beta is different and we value the time you took to try it out. Before you decide to go, please take a look at some value-adds for Beta and learn more about it. Thank you for reading Slashdot, and for making the site better!

Comments

top

Lenovo Looking to Buy Seagate, May Raise Political Concerns

red_gnom Re:No wonder the US$ is in free fall (255 comments)

"The US economy in free fall grows at a rate of 4%/yr. China will have to grow at 10% for the next 100 years to equal it in size."

Your calculation is incorrect.
US GDP in 2006 was 5 times of China.
With your assumption that US economy grows 4%/yr, and Chinese 10%/yr.

5 * (1.04)^n = (1.1)^n
n = number of years = 29

Therefore with those grow rates it would take China 29 years to overtake US economy.
In reality the difference in their GDP grow rates is greater, so it should happen much sooner.

more than 7 years ago

Submissions

red_gnom hasn't submitted any stories.

Journals

red_gnom has no journal entries.

Slashdot Login

Need an Account?

Forgot your password?