Here are some quick data points comparing the US and Chinese economies.  Which has the better future ahead of it?

China

  • GDP: $4.3 trillion – increased approximately 430% in last 10 years
  • 20% percent of economy in state sector
  • Consumer demand is 35 per cent of GDP
  • Savings rate is 40 percent of household disposable income (one of the highest in the world)

US

  • GDP: $14.2 trillion – increased approximately 50% in last 10 years and added ZERO private sector jobs
  • 30% percent of economy in state sector
  • Consumer demand is 70 per cent of GDP
  • Savings rate is 6 percent of household disposable income

Equicapita is a Calgary based income trust which manages an RRSP and TFSA eligible SME private equity fund for retail investors.