http://www.forbes.com/sites/abrambrown/2012/03/02/gartman-itll-take-decades-for-chinese-elite-to-rival-americas-wealthy/
Conclusion that the Communist Chinese will not surpass the US wealth.
Premise
"That’s because your average Chinese citizen makes virtually nothing. "
Focus
"Gartman focuses on GDP per capital"
The problem is my friend you are not properly calculating for the bigger number. Where if the Communist China was the size of the US or any other country. Your premise might be correct. But if you are basing your algorithm on the idea that the GDP per capital is your evidence for your conclusion. Then your premise is wrong. The Communist Chinese person does not need to make more to allow Communist China to surpass the US in wealth. As I believe you have quality of life and wealth confused. The idea of wealth is the Communist Chinese are already tens of trillions of dollars more wealthy than the US. As the USA is tens of trillions in debt while they are in surplus. Then if you are talking about cities. The Communist Chinese have way more cities that are bigger and much vibrant and richer than our collection of cities. With more individuals in those cities if you do a per capita per city earning more than our citizens earn in our cities. You are allowing a simple number equation to be your conclusive premise. Lets say if they only had 300 million people I could see how you believe that. But their economy and their citizens are twice our size. They are already more wealthy than us. Along with if we do proper stats to calculate the numbers for percents. Their quality of life in cities is also already better than ours too. As they unemployment is lower. Their education stats are higher and their exports are more. Along with they have the worlds most richest population of elites. As shown by the recent article that 77 Communist Chinese officials have more wealth than all of the US leaders.
So you are wrong and your idea that wealth is related to overall quality of life is all you have. Even then if you do specific data stats they are winning on that too.
Rider I
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