Tuesday, December 15, 2015

031. Capital Investment Sets the Direction for the Future Economy

One of the most startling developments is the enormous concentration the Chinese taking a very large share of their GNP and to make long-term capital investments.

Chinese labor and Chinese firms are able to build their national infrastructure at low cost. U.S. capital infrastructure investment, particularly for highways, railroads and energy services are made at a much higher cost

The economic race is on. Investment capital should go into long-term project that build up the capacity to create GNP growth. That is how we build America from 1860 through 2000.


SOURCE: http://databank.worldbank.org/data/reports.aspx?source=world-development-indicators&preview=on#

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