21stcentury
In his Weekend Reading Notes to investors, while commenting on China vs the U.S., Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more While all eyes are on the Kabul airport,let’s not ignore the main Heavyweight battle in that region. Who Will Win the 21 CenturyI wrote three articles (“Who Will Win the 21 Century – China or the U.S.?”), timed to the 25 anniversary of our investment group’s tour of central China and the 55 anniversary of their Cultural Revolution. This addendum was inspired by a pair of extensive special reports I’ve just perused: Most wars these days are pr...
ValueWalk
Now let me return to last week’s big question – Who will “win” the 21st century? When you compare raw numbers, you have to ask: What good does it do for America to grow 5% or 6% a year if China can grow 10% to 12% a year? It now seems certain that China will someday surpass the U.S. in GDP, but bear in mind that they have four times as many people – so their per capita GDP would still be 75% below ours. Q1 2021 hedge fund letters, conferences and more China vs The U.S.These kinds of questions deliver a huge wave of “Déjà vu” to me. In the 1980s, it seemed like everyone was saying Japan would p...
ValueWalk
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