D. Smith

Capturing a Major Macro Theme of Our Time

The US is about 5% of the worlds pop...at some point a larger pop country will have a larger economy.

The population and productivity growth numbers in China make it easy to believe that it will be the largest economy in the world. But from the social side...that path is not clear. I would not trade the social problems that the US has for the social problems that China has and will have.

The large spread between those that have...and those that don't have....

And how do you solve the problem of having so many more boys than girls?

The Pie is getting bigger...for others to win does not mean that the US is harmed.