China imploding, page-48

  1. 22,432 Posts.
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    Inflation in 2022 is perhaps the best metric of how countries are traveling economically:


    China Inflation
    https://hotcopper.com.au/data/attachments/4807/4807533-cde1eb1cdd53ab1d72abf4fcb87c9768.jpg
    US Inflation

    https://hotcopper.com.au/data/attachments/4807/4807536-a9fbbb11d030037218ecd66b93bfb548.jpg
    IMO there is a distinct difference between economics and Ideology and many posters on this thread are
    essentially at odds with China's Command Economy & the CCP's modus operandi but I guess as
    time passes, the question is can China pass out the USA in GDP (Nominal).
    China passed out the USA in GDP(PPP) in 2014 and it has been increasing that lead every year since.

    China's zero tolerence of Covid has severely impacted on China's GDP since 2020 and that is evidenced
    in the above inflation chart.

    As the Ukraine War progresses China is benefitting fom lower oil prices primarily due to back door
    supplies from China & Iran and, IMO, that comparative advantage will become more evident in 2023.
 
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