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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (5199)	4/29/2004 9:02:35 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 116555

YZ, Well, it's like a horse race. 25 years is a long time and we don't know the names of all the jockeys. <G>

To: RealMuLan who wrote (5199)	4/29/2004 9:22:29 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 116555

actually do not think India, in terms per capita GDP, can catch up China in the next 25 years. Let's see i don't have an opinion on that; you may be right. it also seems China's growth path with a manufacturing focus is much more capital intensive than India's service focus, and so is likely to enrich a greater number of people directly. however, unfortunately neither India nor China will have the opportunity to really grow their per capita GDPs at a fast clip for very long, due to peak oil. imo peak oil will devastate all industrial economies.