If you're a non smoker who despises smokers, there's an added win for you, too. Consider that vaping isn't like traditional smoking: there's no smoke, and it really doesn't smell bad at all. You can walk past or through a vape cloud and not smell a thing. Gone are your days as a smoker hater of having to roll your eyes and cough as you walk past smokers.
Here's a handy chart from Oppenheimer's John Stoltzfus. It reminds us that a little bit of growth in the U.S. will go a lot farther than a lot of growth out of China. And don't forget: Japan is the world's third largest economy, which shows just how high the stakes are as the country's leaders embark on extremely aggressive monetary policy.
As a result, its GDP per capita is only $57,300. That makes it the 18th most prosperous country per person. China has the largest GDP in the world, producing $21.2 trillion in 2016. But its GDP per capita was only $15,400 because it has four times the number of people as the United States. It's the most populous country in the world, with 1.37 billion people. The European Union is the world's second most prosperous economy, at $19.2 trillion.