Saturday, May 14, 2016

074. Projected Global GNP Show Potential Domination by China

The growth of the global  GDP is one of my principal interests because this will ultimately shape the economic future of the next generation.

The following forecast, extracted from Goldman Sachs, offers a unique insight into the projected 2016 GDP.



IMPLICATIONS: The USA and Euro, accounting together for about 25% of the world's GDP, but growing for less than 2% per annum, is starting to become overwhelmed by the 20% share of GDP by China. However, China growing at over 6%  per annum will soon overwhelm the USA and Europe and clearly dominate the world's economy perhaps as soon as 2025-2030 if current growth continues.GD

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