Thursday, December 04, 2014

China Now #1 Economy by PPP

And of course the US has now dropped to #2:

http://www.marketwatch.com/story/its-official-america-is-now-no-2-2014-12-04

If India is going to export its way to development, it may have to aim at markets beyond the declining USA.

1 comment:

exosing christianity's true agenda said...

Excellent points as always. India needs to diversify beyond the USA. Indian companies are doing this, but the US is still very dynamic, very resilient, and has great institutions. However, I think that this will only last for the next 30 years. I think the best course of action for Indians is to study in India, then come to the US for graduate school, and work in the USA for a few years, suck up as much knowledge as possible, and then go to Asia and implement. Unfortunately for the USA their sun is setting. For centuries, white Americans have oppressed their minorities, ensured that they receive inferior education and zero access to good health, etc. Now that minorities will soon become the majority, these sins will bite white people in their asses.White people are aging and they need money for their health. Most Blacks and Hispanics are no competition for Indians and Chinese. Everyone in the US will soon be a "taker" and there is only so much money that can be printed. Demographics is destiny. Indians should plan accordingly.