The debate is whether you suffer lousy future economic growth, declining corporate taxes, recession, increasing taxes under pressure from social security and pay a P/E of 16 for the current average American firm, or do you pay a P/E of 60 for a firm in a country with 12% RGDP growth, no debt, increasing labor productivity, AND a lower corporate tax rate in "communist" China.
3 comments:
Capt. You love charts. Could you make a chart with every variable you mentioned here, comparing America to China?
I keep trying to tell people how bad it is, but a graph showing all the variables you listed in one place, would be great.
Rock on
Buck
i could, are you looking for GDP growth, inflation, unemploymnet, debt, deficits,e tc.?
the whole kabutal
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