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Mr. Xi plays Davos Man — Pepe Escobar

Summary:
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 Foundation
Mr. Xi plays Davos Man
Pepe Escobar
https://www.strategic-culture.org/news/2022/01/19/mr-xi-plays-davos-man/


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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