China still has a middling economy. China’s population is four times that of the United States, yet its GDP is just two-thirds as large as The United States.
Rising wages will burst China’s bubble
Like the Soviet Union before it, much of China’s supposed boom is illusory — and just as likely to come crashing down
WHEN PUTIN WAS ELECTED PRESIDENT of Russia in 2000, Russia was bankrupt. The nation owed $16.6 billion to the Rothschild-run International Monetary Fund while its foreign debt to the Rothschild-controlled Paris & London Club Of Creditors was over 36 billion dollars.