Richest Nation Or Just Highest GDP — The Other Side of China’s Ailing Economy

China’s GDP has surpassed that of U.S., becoming the country with highest net worth. But let’s not judge a book by its cover. Highlights — McKinsey report announces China as the richest nation in world with $120 trillion in GDP.…

Historic Global Debt, Inflation And Rise Of A New Superpower — The World Is Changing

When the figures revealing worrisome accumulation of global debt were released earlier during February, the countries and financial institutions succumbed to shock. After the historical blow of coronavirus outbreak led pandemic, the global debt has reached record high of $281 trillion in 2021.