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legitquest

2 karma · joined December 5, 2014

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legitquest··on The Chinese Century
> A new global political and economic order is emerging, the result of new economic realities. We cannot change these economic realities. But if we respond to them in the wrong way, we risk a backlash that will result in either a dysfunctional global system or a global order that is distinctly not what we would have wanted.

I just hope we don't mess this one up!

legitquest··on Chinese economy overtakes the U.S.’s to become the largest
Yes :) I signed up just to ask this one question!
legitquest··on Chinese economy overtakes the U.S.’s to become the largest
Why does total GDP matter so much? China has over a billion people. A much more accurate metric is GDP or even PPP GDP per capita.

Only when China has 3x larger economy than US economy will it be of the same size per capita to the U.S.