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An Economic Miracle or Economic Myth: Looking at Chinese GDP Figures

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                                                                         By: Marco Dorazio  Since 1989, China has averaged a GDP growth rate of about 9% per year. However, in 2023, this figure is predicted to be right under 5% at 4.9% YoY GDP growth. This is a drop-off, a steady one; China’s annual growth rate has been shrinking at a near-linear rate with a correlation coefficient per year of growth at -0.9912, note that -1 would be a perfect correlation. This fact shows how consistently and predictably China’s economic growth has been dropping for more than a decade now. In fact, its slowing growth is being further exacerbated by a plethora of issues, ranging from disturbingly high youth unemployment, low birth rates, drops in arable land, drops in consumer spending, drops in investments into infrastructure and housing, a growing real estate bubble which has already sent two mega firms into crisis. This may all seem bad, but newer research from newer technologies has shown an even dee

The Impact of Sanctions, and the West: An Analysis on Microchip Sanctions and the Russian Defense Industry

                    By: Marco Dorazio         On February 24, 2022 the United States banned microchip exports to Russia except for humanitarian purposes. House Resolution 956, named “Supporting the People of Ukraine” made it clear that the US wanted to completely isolate Russia economically. As states in the resolution: "The United States, committed to coordinated economic sanctions, including severe restrictions, against Russia’s Central Bank and full blocking sanctions against Vladimir Putin." (H.R.956, 2022)           The West is responsible for over 80% of microchips created, with Taiwan leading the charge at 22%, Russia, on the other hand, manufactures significantly less than 2% of global chip supplies. Prior to the invasion, Russia was importing about 70 million dollars worth of microchips to feed  their needs from the West each year, this is excluding the cost of cell phone microchips and PC components. Without a western source, Russia’s needs will be significantly dis