Monday, June 16, 2014

Who is #1?

It is a non-news when China becomes #1 in so and so. China has about 20% of the global population or about 4 times ours. Of course, it will become #1 in so and so now or eventually. If their living standard measured by disposable income per capita is #1 or moving up to the top 10, then it is news.

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Most of my blogs are comments in Seeking Alpha and most are responses to current news. This one is on China becoming #1 debtor.

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