Sunday, March 05, 2006

Pricewaterhouse Projections Shows China Beating US And Europe By 2050


By Elaine Meinel Supkis
Analysts at Pricewaterhouse project that China will "dwarf" all G7 nations by 2050 based on present trends. This comes as no surprise to me but it does leave out the effects of the Hubbert Oil Peak. Probably, thanks to all businesses wanting to squeeze out inflation, the relocation of all factories to China will probably happen much faster, I am guessing, twice as fast.
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