China & India to surpass US economy by 2030

Discussion in 'Economics' started by Cuddles, Jan 25, 2019.

  1. srinir

    srinir

    There were several articles in Britain during late 18th century stating that Sun will never set in its empire.
     
    #11     Jan 26, 2019
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  2. srinir

    srinir

    Snap29.png

    It has happened before, will happen in future. Empire's fall and new one will take over
     
    #12     Jan 26, 2019
  3. srinir

    srinir

    I think you misunderstood the article. You are using the GDP in current $, where as the article is quoting GDP in PPP (Purchasing Power Parity).

    China has already past US in GDP PPP couple of years back.
     
    #13     Jan 26, 2019
    ironchef likes this.
  4. ironchef

    ironchef

    OK, I stand corrected. But that means there is an opportunity to arbitrage to make some money? o_O
     
    #14     Jan 27, 2019
  5. srinir

    srinir

    Not in the way of buying Big Mac there and selling Big Mac here. It is not arbitrage, but if you can identify the companies early which cater to the growing middle class consumers in those country, then yes.
     
    #15     Jan 27, 2019