To: moonshot925
"Chinas GDP(PPP) per capita is $8,382 in 2011.
The United States GDP(PPP) per capita is $48,387 in 2011.
The average Chinese is very poor compared to the USA."
Problems with that analysis are the exchange rate and differences between GDPs (one production of useful things, the other debt and spending by our American political/regulator class).
And we know that anti-American, commie-conspiring globalists cow tow to their fantasies while in China.
12 posted on
06/23/2012 4:08:21 PM PDT by
familyop
("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
To: familyop
“Problems with that analysis are the exchange rate”
I know, which is why the figures are adjusted to the Purchasing Power Parity(PPP) in GearyKhamis dollars(international dollars).
“one production of useful things, the other debt and spending by our American political/regulator class”
What useful things does China produce?
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