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Showing posts with the label prosperity

US and beyond

‘Due to travel restrictions the United States is forced to organise a coup at home this year.’ —Andrew Burgin In 2000 they were telling us how by 2020 globalisation would deliver new types of cars, planes, etc and prosperity for all. We ended up learning how to wash our hands. —N. M.
"China has already overtaken in per capita GDP or in PPP all of the world's other largest developing economies - India, Indonesia and Brazil. By 2020 China's per capita GDP will be higher than several Eastern European countries. As China has 19 percent of the world's population, quite literally never in human history has anything approaching such a large proportion of the world's population had its conditions of life improved so rapidly. That will be the astonishing measure of China's success in achieving "moderate prosperity" - it is, without comparison, literally the greatest economic achievement in human history." What China achieving 'moderate prosperity' means