InvestorsHub Logo
Followers 72
Posts 101179
Boards Moderated 3
Alias Born 08/01/2006

Re: Dale C post# 230273

Thursday, 12/04/2014 11:46:01 PM

Thursday, December 04, 2014 11:46:01 PM

Post# of 483334
Seems a different Gruber on Forbes believes India's GDP will top China's eventually.

Why India Will Soon Outpace China
http://www.forbes.com/sites/jamesgruber/2014/05/04/india-will-soon-outpace-china/

i was thinking China topping USA would be inevitable as development/systems/transport et al were improved simply due to population
difference then remembered that reasoning should apply to India .. http://en.wikipedia.org/wiki/List_of_countries_by_population, too.

Yet see here India is way down the GDP list .. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 .. at no. 10.

Further into the future.

Former World Bank Chief James Wolfensohn declared in one of his speeches that soon GDP India and GDP China will witness an overwhelming growth that will transcend the G7 countries, that includes United States of America, Canada, France, Germany, Italy, Japan, and United Kingdom. It is assumed that by the year 2050, both India GDP and China GDP will witness a gargantuan growth. The current GDP of China is USD two trillion which is predicted to reach USD 48.6 trillion by 2050. On the other hand, India's current GDP is USD one trillion, which will become USD 27 trillion by that time. - See more at: http://business.mapsofindia.com/india-gdp/sectorwise/india-vs-china.html#sthash.5miL6J4v.dpuf


It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.