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Compounding the trends, China’s GDP per capita has reached ,551, crucially above the notorious “middle income trap”; above the global average GDP per capita; and now entering “high-income country” territory, as defined by the World Bank....Note that while Pepe Escobar is a good geopolitical analyst that provides a lot of information, he is out of paradigm with MMT regarding economics, but so is just about everyone. Strategic Culture FoundationMr. Xi plays Davos ManPepe Escobarhttps://www.strategic-culture.org/news/2022/01/19/mr-xi-plays-davos-man/
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Compounding the trends, China’s GDP per capita has reached ,551, crucially above the notorious “middle income trap”; above the global average GDP per capita; and now entering “high-income country” territory, as defined by the World Bank....Note that while Pepe Escobar is a good geopolitical analyst that provides a lot of information, he is out of paradigm with MMT regarding economics, but so is just about everyone. Strategic Culture FoundationMr. Xi plays Davos ManPepe Escobarhttps://www.strategic-culture.org/news/2022/01/19/mr-xi-plays-davos-man/
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Compounding the trends, China’s GDP per capita has reached $12,551, crucially above the notorious “middle income trap”; above the global average GDP per capita; and now entering “high-income country” territory, as defined by the World Bank....
Note that while Pepe Escobar is a good geopolitical analyst that provides a lot of information, he is out of paradigm with MMT regarding economics, but so is just about everyone.
Strategic Culture FoundationMr. Xi plays Davos Man
Pepe Escobar
https://www.strategic-culture.org/news/2022/01/19/mr-xi-plays-davos-man/