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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 457.82+1.3%Jan 23 4:00 PM EST

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From: elmatador8/10/2014 6:04:04 AM
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It’s long been obvious the BRICs are coming. The total annual output of these four economies has spiralled in recent years, to an astonishing $29.6? trillion (£17.3?trillion) last year on a PPP-basis adjusted for living costs. That’s within spitting distance of the $34.2?trillion generated by the US and European Union combined.

America’s GDP, incidentally, was $16.8?trillion on World Bank numbers, and China’s was $16.2?trillion – within a whisker of knocking the US off its perch. The balance of global economic power is on a knife-edge. Tomorrow is almost today.

telegraph.co.uk
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