The Rising Influence of Rising Affluence

[DewDiligence]

WSJ opinion piece challenges premise of this board:

http://online.wsj.com/articles/ruchir-sharma-global-markets-catch-the-chinese-flu-1413503014

One problem I have with the bearish thesis espoused above is that it doesn’t adequately distinguish between slowing positive growth and negative growth. Indeed, in several instances the choice of language in the write-up might lead someone to infer that absolute GDP were destined to decline in China and the rest of the world.