The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
August 17th, 2010
Episode 298 of 974 episodes
On today's Planet Money, we leap 30 years into the future, a time, if current trends persist, when China's economy is bigger than America's. What does it look like? We're watching Chinese reality shows dubbed into English, and taking life-saving drugs invented by Chinese scientists. We're exporting more goods to China's growing middle class. The yuan probably has not supplanted the dollar as the world's reserve currency (and even if it has, it's not the end of the world). And Chinese people are still much poorer, on average, than people in the U.S.