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I remember hearing that during the Cold War, Western intelligence indicated that the Soviet economy may be out producing the West, then the Soviets collapsed.
I remember hearing that during the Cold War, Western intelligence indicated that the Soviet economy may be out producing the West, then the Soviets collapsed.
Interesting. I've remember reading decades ago that economists believe China was exagerating its GDP growth rates. After enough years have passed, it should be easy enough to determine if the growth exagerations lead to a massively exagerated GDP level. This methodology helps verify that.