In my lifetime America’s economic standing was supposed to be eclipsed by Germany, Japan, Asian Tigers, EU, and now China. Here is a hint, go to any Chinese City that reflects the new economic China and drive 20 miles out in any direction and take a look around. China is growing, but is still largely agricultural in a 19th century kind of way. Love the Chinese, hate the Soros bullshit. My guess if Soros is talking something up he is planning on shorting it within two months.
Agree. China’s GDP growth was like ours, Government spending, they just had the cash on hand. The private sector don’t grow if the consumer demand doesn’t materialize