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Monday, November 9, 2015

BEN GEE

"When China replace the US as the #1 economy, that will be the time for the Yuan to look for equal status with the $. IMF think that day will come be 2027.

Whether that day will be 2025, 2027, or 2032, it will be much less important to China than the US.

Remember, when the Chinese GDP equal that of the US, Chinese income per capita will only be 25% of the US. Chinas plan is well beyond that. 
China hope someday, Chinese GDP per capita will be at least 50% of the US. That would make Chinese GDP 2X that of the US."

http://bozonbloggon.blogspot.com/2014/09/re-yahoo-big-data-jaron-lanier-ppp.html

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