Resources are the constraints, I said before, "if every Chinese and Indian takes a shower every day and air-condition the whole house, the entire earth is over."
Over-estimated China
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During 1980s, there was a theory that Japan will surpass US in 20 years. American people feared "Japan rising" (even more than "China rising"). 30 years passed, the fact is growth is not linear, if America brought persperity to you, you can not surpass him. This is why even US is issuing money like waste paper today, still, it will not depreciate.
Resources are the constraints, I said before, "if every Chinese and Indian takes a shower every day and air-condition the whole house, the entire earth is over."
Resources are the constraints, I said before, "if every Chinese and Indian takes a shower every day and air-condition the whole house, the entire earth is over."