Data Talks

The Q you can ask, and which I asked in my @ForeignAffairs piece, is: when will the two groups become of equal absolute size?
The key is the growth gap. If Chinese urban incomes grow 3% higher than US, it will happen in 20y. If the gap is 2% in ~30y. If the gap is 0, never. https://t.co/5JRZUwTshi

— Branko Milanovic (@BrankoMilan) September 18, 2023