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World GDP in a country with fast-growing economies and slow-growing economies, is not that useful a measure. As an example, Brazil, China, India have actually
by watmough 15y ago
World GDP in a country with fast-growing economies and slow-growing economies, is not that useful a measure.
As an example, Brazil, China, India have actually been growing at rates that would be miraculous in the US, because they have labor-intensive industry and increasing oil supplies.
Old countries like the US, UK, France have barely moved the needle, and are scraping by through money-printing to finance massive deficits.