Daily chart: America vs China. America’s economy made up 22% of world GDP in 2011; China’s just 10%. The perception in some countries that America is no longer the world’s pre-eminent economy is therefore somewhat premature. Nevertheless, on current trends China will surpass America somewhere around 2018.
Fascinating, but where is Canada?
Once you figure out how to read this chart, it’s really interesting.
Daily chart: America vs China. America’s economy made up 22% of world GDP in 2011; China’s just 10%. The perception in...
Once you figure out how to read this chart, it’s really interesting.
Fascinating, but where is Canada?