EconAir

I HEARD THE NEWS TODAY The government of Greenland is putting the country up for sale. It will accept bids from any country or corporation. The reservation (minimum) price is $2 million per person, or $100 billion (the cost of 3 data centers), and distribute the money equally to its 57,000 citizens. Russia and China have expressed an interest, Russia to control the strategic Nordic region and China to strengthen its near-monopoly on rare-earth minerals. If sold, almost all residents said they intend to put their homes up for sale on Greenhouses.com and move to Denmark. A number of other countries are watching to see what happens. If Greenland is successful, they also intend to put their countries up for sale. For most countries of the world, even $1 million per person is substantially more than their residents could make in a lifetime. Some of the countries will probably be sold to corporations because of their mineral or oil resources. Invested at 5%, people from some of...

  INTRODUCTION AND OVERVIEW According to the World Bank, China's Gross Domestic Product (GDP) was $18.7  trillion in 2024, compared to $29.2 trillion for the United States.  China's Gross Domestic Product (GDP) in 2025 was approximately   $19.5 trillion .  China's economy was 64% the size of the American economy; a generation ago, in 2000, China's GDP was only 12% of America's. China has been a spectacular economic success story.  GDP per person in 2025 reached slightly under $14,000, which was 15 times as great as in 1990. China has increased its share of global manufacturing from 6% in 2000 to 32% in 2024.  Manufacturing makes up 28% of China’s economy, compared with 11% in the United States. China's dominance of the interconnected group of high-tech products will continue to make China the dominant manufacturing country in the world. China will also dominate the global economy, exporting its high-growth products at falling prices and developing join...