China is Officially the Richest Country, Report Claims

Various reports have been identifying China as the world’s richest country for years now. It’s kind of meaningless, given that such a huge portion of wealth is in the hands of individuals and corporations who exist outside of national borders. Imagine all of these companies that use Ireland as a tax haven – is Ireland then one of the richest countries in the world, because corporations incorporate there?


No one at this point believes that the US is the wealthiest or even most influential country… they just have the biggest and most unhinged military.

However, the US is now entering into “failed state” territory socially, and they’re headed for that range economically.


China has overtaken the US as the nation which has amassed the biggest net worth as global wealth surges, a fresh report by McKinsey & Co suggests.

China’s wealth skyrocketed over the past two decades, the consulting company said according to Bloomberg, explaining that its net worth increased by a whopping 17 times from $7 trillion in 2000 to $120 trillion in 2020.

The nation accounted for about one third of the global net worth increase over that period. In 2000, China joined the World Trade Organization, which sped up its economic ascent.

The US saw its wealth double over the same time period. Washington had to give way to Beijing on the list of top 10 wealthiest nations since its net worth only amounted to $90 trillion in 2020, McKinsey says.

In both countries, more than two thirds of the amassed wealth sits in the pockets of the richest 10% of households, the report said, adding that this share has been increasing.

In total, global wealth reached $514 trillion in 2020, up from $156 trillion in 2000.

Some 68% of this wealth is stored in real estate, McKinsey said, adding that its fast growth surpassed the increase of the world’s GDP over the same period. The global wealth increase has been prompted by ballooning property prices, the company said, warning that surging real estate values might be unsustainable.

No, it’s fine.

Surging real estate prices can go on forever – as long as you have enough inflation, the prices of everything surge!

And indeed – that jump from $156 trillion to $514 trillion is virtually entirely due to inflation.

I don’t know what people think is happening here, but the US is bankrupting itself on purpose, and no one seems to be talking about it. China has used this bubble to acquire actual assets while the dollar had value. When the dollar implodes, they will still own all of their assets.

Ultimately, economics are not what matters. Countries are made of people, and the US has decided to destroy its own people, and replace them with largely useless brown people. The US is destroying the middle class, forcing the masses into poverty, drug addiction, and filth, while compiling the wealth of a tiny elite minority.

Frankly, the US is no longer really even a country at all. It’s certainly not a “nation.”

China is reinforcing family values and tradition, and continuing to strengthen the middle class.

It doesn’t take an expert analysis to figure out who is going to win this competition.