IMF: World relying less on US

O

OddTrader

Perhaps the whole US economy should be prepared, friendly and ready for this Huge change - 850 million middle class from China alone!



IMF: World relying less on US

The IMF says China, Japan, the EU and Canada will be key to global growth in the future.

July 27 2017

http://www.theage.com.au/comment/the-killer-fact-about-the-chinese-middle-class-20170726-gxj1z7.html

Behind China's recent 6.9 per cent growth in GDP lies a bigger fact: between 2009 and 2030, the country will add 850 million to its middle class. I would call that a killer fact.

... It is equivalent to a new continent emerging somewhere to Australia's north with 850 million more consumers asking Australia to fill its supermarkets, sell them places in our schools and universities, invest our expertise in aged and health care and let them come as tourists, investors and cashed-up migrants.
More...
 
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28 Apr 2017 ... Teach your kids Mandarin the Jared and Ivanka way, for $75,000 ... Ivanka Trump asks the nanny to let her kids “learn new things every day.


Ivanka Trump's youngest son learning Mandarin Chinese with ...
Video for Trump learn Chinese
► 3:21

6 Apr 2017 - 3 min - Uploaded by Breaking News
Ivanka Trump's youngest son learning Mandarin Chinese with building blocks just like big ...


Donald Trump's grandchildren sing in Mandarin for Chinese ...
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9 Apr 2017 ... Arabella Kushner, the five-year-old daughter of senior Trump advisor Jared Kushner and Ms Trump, has been learning Mandarin since she ...
 
According to the blurb: "For some time now, the establishment of the World Bank and IMF has had a Chinese counterpart: AIIB, which China intends to use to finance a huge infrastructure project to connect Asia and Europa, a New Silk Route. This new international financial institution forces Europe to take a side. The UK decided, against the urgent advice from the United States, to become a member, and also the Netherlands has joined the Chinese initiative. According to China watcher Martin Jacques, this is the beginning of a new Chinese world order."
 
Very dangerous for Americans.

You can read up on it. Americans were best off when we had protectionist policies.
It's around the globe, the proof is there.

Now, perhaps we're going the way of the dinosaur.

Trading isn't productive, and what America has become is a shadow of what we once were.

Read:
 
DeltaRisk said:
Very dangerous for Americans.

You can read up on it. Americans were best off when we had protectionist policies.
It's around the globe, the proof is there.
More...

America was doing best when all of the competitors were in ruins.
 
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