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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (127371)12/30/2016 11:58:21 AM
From: elmatador  Read Replies (2) | Respond to of 220061
 
Yes.
Message 30908194

Another totally different thing is to tell, based on that achievement, that China is going to the stratosphere and take over the world, be new sovereign as TJ erroneously claims as he wakes up 4AM.

Compare to Canada similar size, tiny population and they are rich as per capita income much higher.

Canadians are not making any outrageous claims...7

To make this more sharp
Message 30909556

The population of Nigeria is about 150 million people. If each member of half the population of Nigeria would, off its Discretionary Income, saved $10 they would have $750.000.000

The population of China is about 1.3 billion people. If each member of half the population of China would, off its Discretionary Income, save $5 they would have $3.250.000.000.

You can see Discretionary income savings half of Nigeria and still have $3.250.000.000 savings.
These $3.250.000.000 is what people believe China is a rich country.



To: philv who wrote (127371)12/30/2016 12:11:32 PM
From: elmatador1 Recommendation

Recommended By
ggersh

  Respond to of 220061
 
How Rich Will China Become?
A simple calculation based on South Korea and Japan’s experience

https://www.minneapolisfed.org/research/economic-policy-papers/how-rich-will-china-become

If they flush the communist party over the board. (they won't) and become an open society, (they won't) they would become rich.
It is impossible for a Communist country be rich because of the institutions will not allow.