News Snapshot:
Who Will Win The 21st Century – China Or The U.S.? 2021-05-17 Now let me return to last week’s big question – Who will “win” the 21st century? When you compare raw numbers, you have to ask: What good does it do for America to grow 5% or 6% a year if China can grow 10% to 12% a year? It now seems certain that China will someday surpass the U.S. in GDP , but bear in mind that they have four times as many people – so their per capita GDP would still be 75% below ours. Q1 2021...
