Posted Nov 20, 2007, 5:00 PM
|
 |
The Vomit Bag.
|
|
Join Date: Oct 2003
Location: Otisburgh
Posts: 44,921
|
|
Quote:
Originally Posted by Australiasian
but China's still miles behind the US tho! it has taken China 12 years to close the China-Germany GDP gap and Germany was only 66% more than China. The current gap between the US and China is enormous man - around 430%. it is going to take China at least another half a century before it is any way near the US! and by then China's average GDP person is going to be just over $10K.
|
Not according to Goldman Sachs:
Quote:
Originally Posted by dimondpark
Here are 3 graphs that illustrate the world's economic powers based on their Gross Domestic Product and Per Capita Gross Domestic Product for 1990, 2005 and estimates for 2050.
The World in 2005
China has risen to the ranks of a global economic power and sets out on a course to surpass other nations in terms of economic might. Russia lags, India starts to develop, even if only gradually.
The World in 2050
The investment bank Goldman Sachs peers into the time machine: China has soared above the United States. Europe, once the motor of industrialization, has fallen markedly behind — even India is ahead. Resource rich Russia has reestablished itself as a global player.
According to Goldman Sachs |
__________________
The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. (Bertrand Russell)
|