Posts Tagged ‘Max Fraad Wolff’

Having 1 billion MORE, shouldn’t China be more anxious in being the #1 economy?

May 2nd, 2011 10 comments

Following is Russia Today interviewing Economist Max Fraad Wolff, from The New School in New York, supporting an IMF report saying China’s economy will overtake that of the United States in five years on a purchasing-power parity (PPP) basis. This report has stirred up a new wave of discussions around the globe. I liked Wolff’s overall take on this issue, and I would like to chime in with some thoughts of my own. Please watch the footage below before continuing with this post.

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