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China overtook the US in 2014 using the purchasing power parity

LessThunk: Very good article from the eyes of a VC. Read and think, how do we get the west back on track to grow faster?

The most important story of 2014 that most people ignored was the Chinese economy overtaking the US economy.  (This is using the purchasing power parity metric, which incorporates differences in the price of goods, but the Chinese economy will overtake on other metrics soon enough.)

 

http://blog.samaltman.com/china


Categorised as: Investing | Life

Posted by: Kramer



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