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Reply to "In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The U.S. can no longer claim to be the wealthiest nation in the world, neither in total nor on a per capita basis. It had a long run but that run seems to be over.[/quote] It also doesn't look like the U.S. will catch up to China in GDP terms for the rest of the century.[/quote] Are you from the future? US nominal GDP is higher than China's right now. PPP GDP is higher in China but it doesn't make sense to compare PPP at the national level. Should be done at the per-capital level where it will be lower than the US given China's huge population.[/quote]
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