A billionaire explains the middle class
 

On Tue, 30 Dec 2014 10:03:30 -0500, Ed Huntress wrote:


Decide first which trend you're going to follow. Ir it's changes in GDP
growth rates, in 40 years Americans will all be rich and the Chinese
won't have a pot to pee in.

On the other hand, China used to hold about third of the world's wealth
in 1820, so they may simply be on track to regain their historical
position:

http://image.slidesharecdn.com/inter...-130529094939-
phpapp02/95/slide-73-638.jpg?1370374322

A billionaire explains the middle class
 

On Sun, 1 Feb 2015 03:39:06 +0000 (UTC), Przemek Klosowski
wrote:

On Tue, 30 Dec 2014 10:03:30 -0500, Ed Huntress wrote:


Decide first which trend you're going to follow. Ir it's changes in GDP
growth rates, in 40 years Americans will all be rich and the Chinese
won't have a pot to pee in.

On the other hand, China used to hold about third of the world's wealth
in 1820, so they may simply be on track to regain their historical
position:

http://image.slidesharecdn.com/inter...-130529094939-
phpapp02/95/slide-73-638.jpg?1370374322

That's an amazing chart! A power chart spanning nearly 200 years...

--
Self-development is a higher duty than self-sacrifice.
-- Elizabeth Cady Stanton

A billionaire explains the middle class
 

On 2015-02-01, Przemek Klosowski wrote:
On Tue, 30 Dec 2014 10:03:30 -0500, Ed Huntress wrote:


Decide first which trend you're going to follow. Ir it's changes in GDP
growth rates, in 40 years Americans will all be rich and the Chinese
won't have a pot to pee in.

On the other hand, China used to hold about third of the world's wealth
in 1820, so they may simply be on track to regain their historical
position:

http://image.slidesharecdn.com/inter...-130529094939-
phpapp02/95/slide-73-638.jpg?1370374322

It is not the wealth, it is GDP.

A very interesting chart, indeed, thanks for posting.

i