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Most people can’t really generalize. Everybody knows that “Chinese GDP grows at 5%/yr” vs like 2% for the US. At the same time, everybody now knows…
Most people can’t really generalize. Everybody knows that “Chinese GDP grows at 5%/yr” vs like 2% for the US. At the same time, everybody now knows that “PRC/US GDP ratio peaked and is declining”. It takes an unusual mind to recognize that those claims can’t be true at once.Dmitri Alperovitch: China’s share of global G