America cannot compete with Asia on an economic level any more

NEW YORK – America’s share of the world economy is shrinking, dramatically. Not only did China become the greatest trading nations on earth in 2014, but Asian millionaires are now vastly outperforming their American peers:

Asia’s millionaires in 2016 hold more wealth ($17.4 trillion) than their affluent brothers and sisters in North America ($16.6 trillion) or Europe ($16.6 trillion), according to a projection at Capgemini.com.

Asian millionaires CNN
Step aside, American millionaires – CNN

Like pie charts? Here’s a $60 trillion pie chart:

Asia millionaires outperform North America 2016
Asia millionaires outperform North America, Europe, and Rest of the World in 2016

What to do, America, what to do? Maybe more military interventions? Meanwhile, the gap between the planet’s richest and the rest of humanity got so insane, only a milk bar couldn’t see that capitalism, red or blue, is hopelessly rigged: According to a study by Oxfam, the world’s richest 62 people now have the same net-worth than the entire rest 7 billion people of the world combined. Wow.

China’s economy is world’s number one

World bank China overtook US economy in 2014
According to the World Bank, China’s GDP overtook that of the USA in 2014, making China the world’s largest economy; Source: World Bank/Wikipedia

Arrogantly, Washington blames its collapsing empire (from 28% of the world’s economy in 1945 to barely 11% in 2015) on China. Says the US president: “We agree on the need for bold steps to lower tensions”. This year in June, the Pentagon announced the relocation of 60% of its navy war fleet to the South China sea. The aim: containment.

If you can’t outwit the East-Asians, strangle them…