If China keeps growing at 7% and the US at 2.5%, China’s GDP (on the IMF’s purchasing power parity measure) will be double that of the US by 2031. Just sayin’.
What if China’s GDP just kept growing at 7%?
China’s GDP would be double that of the US by 2031
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The US could simply increase fees to lawyers, brokers, analysts, police, prison guards, and other parasitical functionaries to counter China’s investment in high speed rail and road construction. This way it could surge ahead.