WATERMARK, GREATEST OF THE TRINITY, ON CHIK-FIL-A
www.gunsbeerfreedom.blogspot.com
www.gunsbeerfreedom.blogspot.com
Hermes Thoth (07-12-2020)
WATERMARK, GREATEST OF THE TRINITY, ON CHIK-FIL-A
www.gunsbeerfreedom.blogspot.com
www.gunsbeerfreedom.blogspot.com
"Both the IMF and the World Bank now rate China as the world’s largest economy based on Purchasing Power Parity (PPP), a measure that adjusts countries’ GDPs for differences in prices. In simple terms, this means that because your money stretches further in China than it would in the US, China’s GDP is adjusted upwards."
https://www.weforum.org/agenda/2016/...n-five-charts/
"And it won’t be too long before China’s economy surpasses the US’s by other measures, too. The Centre for Economics and Business Research (Cebr) predicts it will happen in 2029."
Mott: "Look at what’s happened to their economy since they’ve exceeded global demand and their government can no longer prop it up."
Jack: Yes. of course you are right, nothing to worry about, no need for concern.
"Despite the recent slowdown, China’s economy is still growing at almost three times the rate of the US – around 7% over the last couple of years, compared to less than 2.5%.
The two nations are on an even keel when it comes to exports. However, the US has a trade deficit – it imports more than it exports – while China imports significantly less than it exports, resulting in a trade surplus."
China has 'Central Planning', intent on making 'China First'. Wouldn't it be nice if America could think like that?
"Closing this gap may just be a matter of time though, not least because China is committed to education, with around 4% of total GDP now being invested in training its people. China’s education system is the largest in the world. It has more university students than the EU and the US combined, and there is growing demand for higher education among its young people."
I'm not in support of it, I just recognize the futility in it all. Nothing I do or say can change it, or anything else.
I know people don't like hearing or thinking that. Personal agency and sentience is a key motivator in people. But it's all a illusion. You don't have much say in your own life, let alone the course of world events. Nobody here does. Failure to accept that is just repeating a cycle of hopeful delusions because it makes you feel better than the cold reality of existence.
WATERMARK, GREATEST OF THE TRINITY, ON CHIK-FIL-A
www.gunsbeerfreedom.blogspot.com
www.gunsbeerfreedom.blogspot.com
WATERMARK, GREATEST OF THE TRINITY, ON CHIK-FIL-A
www.gunsbeerfreedom.blogspot.com
www.gunsbeerfreedom.blogspot.com
WATERMARK, GREATEST OF THE TRINITY, ON CHIK-FIL-A
www.gunsbeerfreedom.blogspot.com
www.gunsbeerfreedom.blogspot.com
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