Latest Breaking News On - Jay jang - Page 1 : comparemela.com

You get people saying, well, but the increment to china gdp is so large that ive been trying to use National Wealth as an alternative indicator. Its hard to we have a great series. If you want to know how the u. S. Economy is doing, look at the Federal Reserve series on net National Wealth or net worth of households. Its more informative than gdp. Its hard to do that for some other countries, especially large countries like china. If you use their data, they say from the end of 2013 to the middle of 2018, chinese wealth grew 26 to near 52 trillion. Thats a 4 1 2 year period. In the previous fiveyear period which included a chunk of the financial crisis, the larger chunk of it, the chinese wealth grew 130 . Not my data, right . You might say im biased, trying to find chinese stagnation where i look. They do this independent of me. I send them emails all the time. 130 in the previous five years, 26 in the last 4 1 2 years. Thats more like whats happened to the chinese economy than the of

New yorkUnited statesHong kongRepublic ofSri lankaForest cityRonald reaganJay jangNational wealthFederal reserveNet nationalNet national wealthWealth netPercentage pointsEarly developmentDevelopment process