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They are stupid, if they didn't know about China's fake gdp for the past several years. "U.S. GDP could top 4% in 2nd quarter, economists say" https://www.mar
by worldengineer 8y ago
They are stupid, if they didn't know about China's fake gdp for the past several years.
"U.S. GDP could top 4% in 2nd quarter, economists say"
https://www.marketwatch.com/story/us-gdp-could-top-4-in-2nd-quarter-economists-say-2018-05-31 https://www.marketwatch.com/story/us-gdp-could-top-4-in-2nd-...
"Baotou in China’s Inner Mongolia Autonomous Region revised its estimated fiscal revenue in 2017 lower by nearly 50% in an annual work report"
https://www.reuters.com/article/us-china-economy-data/another-chinese-city-admits-fake-economic-data-idUSKBN1F60I1 https://www.reuters.com/article/us-china-economy-data/anothe...
"China fake data mask economic rebound"
https://www.ft.com/content/a9889330-f51c-11e7-88f7-5465a6ce1a00 https://www.ft.com/content/a9889330-f51c-11e7-88f7-5465a6ce1...
- exelius 8y agoNobody can predict anything today, with president temper tantrum throwing weekly wrenches into the global economy. But over the last decade they would have been right; and keep in mind that even in China, most economic gains have been captured by the elite — which anyone educated in a top American university would be a part of almost by definition. Also weighing heavily on people are family and cultural conflict issues. But anecdotally I can say that the majority of Chinese students don’t want to stay in the US for a variety of reasons; and that many feel their prospects are at least as good in China as the US.