Didn't realize China had already overtaken the U.S.
In 2050 six of the top 7 economies will be either in Asia or Latin America
Didn't realize Nigeria was a top 20 economy, projected to be top 10 in 2050.
Who knew Indonesia was doing so well. Only one European country in the top 10 in 2050.
Interesting.
question is will half the people in India and China still be living like it's 1905?
raw GDP numbers don't mean shyt. it's per capita that matters. it's why in 2050 an ordinary nigerian would jump at the opportunity to move to the UK or germany.
so when mexico and america combine to form americo
and the GDP per capita numbers I look at are purchasing power based .These are PPP adjusted GDP.
Per capita tells a lot of stuff too but it's not the only thing that matters.
High GDP means high tax revenue which can translate to how powerful a government is (or becoming). Or how how much influence a country has on the global economy. Also how competitive a country is in the global economy.
i don't want any part of that. our 2050 population would increase by 36% but combined GDP @ PPP will only increase by 19%.Word.
Canamerico > everybody else in 2050.
and the GDP per capita numbers I look at are purchasing power based .
anyway it's the only thing i care about really. i'd rather live in the country with a GDP @ PPP of 43.1 trillion and a population of 397 million than a country with a GDP @ PPP of 61 trillion and a population of 1.46 billion.
i don't want any part of that. our 2050 population would increase by 36% but combined GDP @ PPP will only increase by 19%.