Growth in electricity generation over the last 25 years:
China: 6000%
USA: ~0%
A reminder that electricity generation is actually a good indicator of real (productive) economic growth as opposed to fake growth through financial sleight of hand.
Growth in electricity generation over the last 25 years:
China: 6000%
USA: ~0%
A reminder that electricity generation is actually a good indicator of real (productive) economic growth as opposed to fake growth through financial sleight of hand.
Do you have any understanding of Chinese history before reform and opening up?