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I don't know if you mean to be serious, but in case someone takes this seriously.. - China GDP is 3x 2007 - USA GDP 1.5x 2007 - New products since 2008: iPho
by georgeecollins 4y ago
I don't know if you mean to be serious, but in case someone takes this seriously..
- China GDP is 3x 2007
- USA GDP 1.5x 2007
- New products since 2008: iPhone, Tesla Sedans, Uber, most video streaming services, all commercial VR, wearables. etc.
And probably someone was saying the world economy stopped in 2000, or other doom and gloom.
- digianarchist 4y agoExactly. The idea that this is the result of QE is wrong.
- Guthur 4y agoIf the US prints a tonne of USD and dumps it into the economy what do you think that does to the GDP figure? China has built ghost cities everywhere over the last 10 years, it's all a mirage. I mean this is all just the same old central banking nonsense, we've been here before, debt fuelled liquidity leading to massive speculation.