massive swing in gdp forecasts for china from 2015, 2019, to 2024 few expecting china’s economy to catch up with the united states’ anytime - ThreadSky

ianbremmer.com • 52 days ago

massive swing in gdp forecasts for china from 2015, 2019, to 2024

few expecting china’s economy to catch up with the united states’ anytime

Comments

nhgardener.bsky.social•52 days ago

I read somewhere where China employs ~ 80M people whose only job is to spy on their fellow citizens. Not very productive use of labor if you ask me.

ianbremmer.com•52 days ago

https://www.wsj.com/world/china/china-economy-excess-debt-gdp-46c69585

harryc3.bsky.social•52 days ago

We could see a similar revision for world population growth rate going forward.

howidiotami.bsky.social•50 days ago

long term gdp forecasts.. not much different from fortune telling.. luck is THE major factor there...

poohbearcorner.bsky.social•51 days ago

State capitalism had a good period in China, but authoritarianism as practised by #Xi, is corrosive. The BIG leader thing fails as India will find with Modi. Orban is a dead mess in Hungary & Fico is a waste of space. The Great Simplicity of The Right fails. Trump will be chaotic. Le Pen?

rrocket87.bsky.social•52 days ago

But will China's economy catch up with Vietnam or even Bangladesh?

kholboyoff.bsky.social•52 days ago

But it has been larger since 2015 if we compare GDP in terms of purchasing power.

holacola22.bsky.social•52 days ago

They have spent massive amounts on infrastructure and clean energy. Both are good investments

iv4icdotcom.bsky.social•52 days ago

Oh, come on... you haven't even given Delon Mump a chance to upend the American economy yet.

There is every indication to remain vigilant that foreign influence could yet sabotage the US economic standing in the world.

malverde.bsky.social•51 days ago

Still way too optimistic. The CCP is doing a great job in papering over their collapsing economy. If they could only could manage their economy the way they manage their propaganda game. Just a gulley. Nothing to worry about.

niteskylight.bsky.social•51 days ago

oh, i wonder why ian?

happy new year if i can call you brother

incandenzak.bsky.social•51 days ago

Economy what is it even

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