True GDP Growth = GDP Growth – Inflation Rate – Worker
Growth Rate
USA is about 3% and with inflation
we have about zero GDP Growth. China should be about 6% for the next 5 years as
it is no longer a developing country.
Recently India passed China in
GDP Growth. However, India has a very low base and it will not pass China
economically in the next five years. To start, more than 90% of Indians do not
have toilet. India just had their first sub way in last two years and even many
Tier III cities in China have extensive sub way systems.
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