Thursday, January 06, 2011
Relative Growth
Just how big a disaster was the reign of King George the II and his offensive wars?
Here is a statistic to chew on for a second.
As of the third quarter of 2010 America's real Gross Domestic Product (GDP) was still below its level of December 2007. During that same time, China's GDP grew by 28%.
Many thanks to our friends at the Economist for that meme.
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