>>4467
This too.
Despite China being huge a lot of it is smoke and mirrors , not to mention that government meddling still fucks shit up from time to time , despite a larger trend towards a freer market.
They have to lie and inflate their GDP figures , for example the all those ghost towns out in Mongolia.
They can only keep their labor artificially low through by having a (mostly) fixed excahnge rate.
Their central bank inflated there stock prices,by lowering interest rates , until we saw the the price re-correction by means of a stock market "crash".
China is not run by a bunch of far sighted technocrats , there likely just as inept as the US is and are definitely far more corrupt.
This also goes for Russia as well as the country is horrendously corrupt , starting a business there is a nightmare.
So its no wonder that Russia averages 1% GDP growth.
Problems with entitlement spending plague the West/Central European countries , not to mention that few of them even have comparable long term GDP growth to the US.
Add on the inundation of the 3rd world and it just gets compounded further.
Centra/South America is still corrupt and shit, especially Brazil even before the gommies got a hold of it.
Nigeria might come out fairly powerful economically by mid century , but they have their own host of problems
The US is on the road to stagnation , but not even our best conception is that good or will remain that good.
The US is most liekly going to be on a steady decline , baring some massive geopolitical happening , but at a slower rate than most other countries.