virus: Economic Speculation

From: Kharin (kharin@kharin.com)
Date: Thu Oct 09 2003 - 14:33:26 MDT

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    Since one facet of the recent ideohazard discussion was the likely economic fortunes of differing countries, I thought this might be interesting:

    http://www.gs.com/insight/research/reports/report6.html

    "In less than 40 years, the BRICs’ (Bazil, Russia, India, China) economies
    together could be larger than the G6 in US dollar terms. By 2025 they could account for over half the size of the G6. Currently they are worth less
    than 15%. The largest economies in the world (by GDP) may no longer be the richest (by income per capita), making strategic choices for firms more complex.

    In US dollar terms, China could overtake Germany in the next four years, Japan by 2015 and the US by 2039. India’s economy could be larger than all but the US and China in 30 years. Russia would overtake Germany, France, Italy and the UK.

    Of the current G6 (US, Japan, Germany, France, Italy, UK) only the US and Japan may be among the six largest economies in US dollar terms in 2050. "

    I think there is some cause for scepticism over this (and over Russia in particular) but interesting nonetheless.

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