China's 99% -- Why China Will Not Surpass the U.S.

[Audio]

Check out the IMF who think that China will grow at least 8% a year till 2017.

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EU27 is in terminal decline.

They are already talking about a "lost decade" in the UK now. The economy looks set to enter the THIRD recession in less than five years now.

Southern Europe(primarily Spain and Italy) are in deep economic crisis and are not competitive any more.

Without France and Germany the EU is nothing.

Europe will decline into insignificance within a couple of decades.

Time to pack your bags, buddy, noone will miss you.

 

[Korean]

Well China is very close to eclipsing US GDP as we speak now any ways.

And China's one percent controls 40% of wealth, leaving very little pie for China's 99%.

Try to explain why China's economy won't still grow much faster than the US

1. China's export is slowing.
2. Chinese regional government can't continue their current practice of "burrow and build" stimulus forever.