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9 April 2012 08:25 pm - 0     - {{hitsCtrl.values.hits}}

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BRICS starts building Regional Outlook


After BRICS now it is the Briquettes comprising of the following:South Korea,Mexico,Indonesia,Turkey, Egypt, Nigeria,Bangladesh,Pakistan, Iran, Philippines and Vietnam.
So now we have 5 and 11 making it 16.
The GDP of the World was US$62 Trillion in 2010  and by 2030 is estimated to be 308 Trillion. The GDP of China in this 306 is supposed to become73 Trillion which will be more than the whole of World GDP of 62 in 2010., The US will follow with 38 Trillion and India 30 Trillion followed by Brazil,Indonesi a, Japan, Germany,Mexico, France,UK(10th).
Trevor Jayetileke



Agreed, the world GDP was $62.9 Trillion in 2010. But your other figure of $308 Trillion in 2030 is purely hypothetical and open to conjecture. No human could ever predict what the world economy would be in 20 years time. In 2010 the European Union had the highest GDP of $17.7 Trillion followed by the USA with a GDP of $ 14.7 Trillion, followed by China in third place at $ 5.8 Trillion. India is way down in 9th position with a GDP of 1.8 Trillion. So your projection is all haywire. What one must remember is that China and India have over 50% of their populations living on less than $1 per day.
faqi


Is Dayan Jayatilleka the target of a witch-hunt?

By DBS Jeyaraj
Now they are coming for you Sir
Athulasiri




 Very good lesson for Dayan. This is what happens to people with this Gov't. One day you're their most adorable. Tomorrow you become their Witch. After all, Mr SF I'm
kaslana



U.S. Marines in Darwin: the Sleeping giant is awakening

By Ameen Izadeen
Wishful thinking to say that the US Economy will crash. Although China is #2 in the world economy, its not a close second. its way down. The GDP of the US is over $14+ Trillion and China is only $5.8 Trillion and Japan is $5.4 Trillion, Therefore China has a very long way to catch up with the USA. The US is not stagnant,its a progressive growing economy.
faqi




And they will continue to grow no matter what. But their economy is based on creating WAR and that is what they are good at not winning though. They got a hiding from a minnow of a country (Vietnam) can't finish what they started in Iraq/Afghanistan., whats next???????
Conty
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