3 ms·
4% by population of course, which is what you meant, but I think 40% of the world by wealth. While I understand what you mean by saying there are new middle cla
by davidmr 10y ago
4% by population of course, which is what you meant, but I think 40% of the world by wealth. While I understand what you mean by saying there are new middle classes being created from the other 96%, it seems like, absent another even more catastrophic economic screwup than we put ourselves through 8 years ago, American domination of the world market isn't going anywhere any time soon.
- coldtea 10y agoWell, let's hope it does. Other people need to get rich too.
- eva1984 10y agoIn terms of GDP, US is about 20-25% of the globe. It is pretty significant, but I won't go too far to say it has domination.
- davidmr 10y agoWell said. Domination isn't the right word; perhaps "importance to" rather than "domination of".