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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (88773)4/5/2012 5:38:39 AM
From: elmatador  Respond to of 218068
 
US will go state capitalism as 57.2% by 2050 government spending will have more than replicated the current patterns of other industrial nations—far ahead of Japan (41.7%), Germany (44.7%), and the U.K. (47.5%), and even a couple of percentage points beyond France (55.0%).

There are no similar projections available for government spending shares among other advanced economies. Data from the Organization for Economic Co-operation and Development take us out only as far as 2013. By that year, estimates are that government spending as a share of GDP for the "Euro area" as a whole will run 48.1%, and for all OECD nations, 42.7%
Sources: Barrons article above. Below graphic wikipedia