Economist Fact-Checks Ray Dalio's China's inevitable rise story

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Check out Dalio's original video here:    • Principles for Dealing with the Changing W...  
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SOURCES:
I've linked my sources in the blog: www.moneymacro.rocks/2022-11-14-dalio-china/

DATA USED:
Private Debt to GDP USA: fred.stlouisfed.org/series/QUSPAM770A
Private Debt to GDP China: fred.stlouisfed.org/series/QCNPAM770A
Inequality USA & China: data.worldbank.org/indicator/SI.DST.10TH.10
Broad money / GDP: data.worldbank.org/indicator/FM.LBL.BMNY.GD.ZS

Timestamps:
0:00 - introduction
1:43 - Empire Theory USA
6:27 - Sponsor
7:53 - Empire Theory China
13:17 - Discussion

Attribution:
I used a clip from this video with old footage of this British Empire:    • Tribute To The British Empire  
Footage for sea might old empires from:    • MICHIEL DE RUYTER trailer  
Old USA footage from:    • Los Angeles early 50's,60's in color, Free...  

Big thanks to Zohar Ianovici for helping me with the research for this video: twitter.com/Zohariano
My gratitude to Joram Kok, Oskar Matthey, and Carlo Humpert for feedback on the script.
Neon sign from: www.neonlights.be/discount/M&M15
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)
Studio designed by Alex Moore Via www.dmsquaredagency.com