BrokenYield
Here's something that'll shake your perspective on global economics.
For most of recorded history, China's economy was absolutely dominant—dwarfing America's by a massive margin. But flip to 1900, and the entire script flipped. The roles completely reversed.
According to Angus Maddison's long-run GDP estimates (measured in purchasing power parity), we can trace how this shift actually happened. The data tells a fascinating story about economic momentum, technological adoption, and systemic changes that took centuries to play out.
This historical lens matters more than you'd think when you're a
For most of recorded history, China's economy was absolutely dominant—dwarfing America's by a massive margin. But flip to 1900, and the entire script flipped. The roles completely reversed.
According to Angus Maddison's long-run GDP estimates (measured in purchasing power parity), we can trace how this shift actually happened. The data tells a fascinating story about economic momentum, technological adoption, and systemic changes that took centuries to play out.
This historical lens matters more than you'd think when you're a