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0 sats \ 4 replies \ @Solomonsatoshi 14 May \ parent \ on: All of the World’s Billion Dollar Companies by Country Stacker_Stocks
Measuring decline is not measuring old wealth, but current trends.
US productive economy is in decline on almost all metrics.
There are more new millionaires created everyday, in China, than in the USA.
https://unctad.org/topic/trade-analysis/chart-10-may-2021
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0 sats \ 3 replies \ @BlokchainB 14 May
Sounds like cope to me
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0 sats \ 2 replies \ @Solomonsatoshi 14 May
You did ask and you cannot refute any aspect of my response.
US exceptionalism is denial of reality.
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0 sats \ 1 reply \ @BlokchainB 14 May
New millionaires don’t compare to the 1,000+ billion dollar companies
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0 sats \ 0 replies \ @Solomonsatoshi 14 May
As a trend they highlight where new wealth is being built most rapidly. The billion dollar companies are anyway mostly reliant upon Chinese supply chains- like Amazon, Tesla, Apple. China won the trade war and soon quite likely that mBridge will over throw the Petrodollar. The trend across most metrics is one of US decline and the rise of China.
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