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by scotty79 2896 days ago
Funny thing is that USA thinks it's rich because they are doing something well, but the reality is that they are just cutting coupons off of the fact that they didn't have their industry completely wrecked by WWII.

They'll get easily surpassed in raw income by India, China and few developing countries in one generation.

Or faster. When world decides to ditch the dollar as reserve currency it's house of cards.

1 comments

> They'll get easily surpassed in raw income by India, China and few developing countries in one generation.

Ain't gonna happen. Do the math of GDP per capita please.

Hard to predict things over few decades into the future.

Also predictions are accurate only if nothing unpredictable happens. I don't think anyone made 30 year accurate prediction of British economy in 1920.