The richest and most powerful people in Southeast Asia, from Thailand to Indonesia to Vietnam are mainly Chinese. Below post says that 43 of the top 50 richest in Malaysia are Chinese.
Latest "zionist" deflection talking point dropped?
The richest and most powerful people in Southeast Asia, from Thailand to Indonesia to Vietnam are mainly Chinese. Below post says that 43 of the top 50 richest in Malaysia are Chinese.
Latest "zionist" deflection talking point dropped?
There are other parameters for gauging the growth rate and the size of economy. While the growth of China's consumption of electricity is almost equal to the total growth of the rest of the world combined, the US is actually using less electricity with a negative growth rate.Often the GDP growth rates that are cited (real GDP increase in domestic currency) is not enough to show how economic power calculus between Nations is shifting.
The Nominal $ denominated figures are more comparable for that.
View attachment 129311
Chinese economy went from being 76% of US size to (projected in 2024) to 64.3% of US size. Even 5 years back that was unimaginable.
Other economies are crashing but for real.If the Chinese economy is fake and crashing what about all the other economies?
If the Chinese economy is fake and crashing what about all the other economies?
Other economies are crashing but for real.
Conversely, others are losing export because China is exporting more. Nobody is carrying anything. Because for every export, there is someone importing. There is a set amount based on total trade volume. The more China exports, the less others will export under the same trade volume. Likely because their export is no longer competitive. The more one export, the greater the economy of scale advantage. The less others will have economy of scale. This gap will likely grow much bigger, despite already really big.I suddenly realized one thing. The global export volume is still positive only because China is positive… China is literally carrying global export…