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53 sats \ 24 replies \ @grayruby 1 Sep \ parent \ on: World's Biggest Economies in 2075 econ

Sure but China especially.

62 sats \ 14 replies \ @Coinsreporter OP 1 Sep

I think india can be there at the top if only it manages to remain as it is now.

10 sats \ 0 replies \ @Bell_curve 2 Sep

huh?

if only it manages to remain as it is now? wtf are you talking about

61 sats \ 12 replies \ @Undisciplined 1 Sep

India's not unreasonable at all, depending on the likelihood of a major secession event.

In 1975, China was one of the poorest countries on Earth and they climbed all the way to second.

52 sats \ 1 reply \ @Bell_curve 2 Sep

because Mao died in 1976 and Deng Xioping consolidated leadership in 1977

India is not China for many reasons

Will India impose a one child policy like China did in 1975?

edit: if 40 percent of GDP is in agriculture, India's income per capita will not improve

Nigeria will be in the top 10? is that reasonable?

50 year projections are stupid

21 sats \ 0 replies \ @Undisciplined 2 Sep

We agree on the last point

No one expected China to be China either. The point is that even huge poor economies can grow rapidly in the right circumstances.

82 sats \ 9 replies \ @Coinsreporter OP 1 Sep

Yes. I think (and most Indians believe) that the party that has been ruling till 2014 has kept India behind. And it looks so true when you know how India looked pre Modi and now.

72 sats \ 8 replies \ @kepford 1 Sep

Isn't the current gov very anti free market?

76 sats \ 7 replies \ @Coinsreporter OP 1 Sep

Actually not. This government has been more liberal than the previous one as far as market is concerned. They have been doing so many reforms to trade and FDA policies but they have just been cautious because they can't hurt India's SMEs which are core to it's growth.

61 sats \ 6 replies \ @kepford 1 Sep

Interesting. Guessing I'm leaning on outdated info.

40 sats \ 5 replies \ @Coinsreporter OP 1 Sep

Also, the way western media still portrays can be the reason.

72 sats \ 4 replies \ @kepford 1 Sep

I mean, it is mostly ignored. Also I mostly ignore western media. I live near many Indians though and they are not fans of the current government. But they are mostly Punjabi Shiks.

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40 sats \ 7 replies \ @Undisciplined 1 Sep

Maybe. I think China has better odds of being an intact nation than half of the top 10.

42 sats \ 6 replies \ @grayruby 1 Sep

I am not sure that political system can hold up another 50 years with a generation of people who expect a decent and consistently improving standard of living. Demographics, lack of resources are also huge issues for them.

40 sats \ 5 replies \ @Undisciplined 1 Sep

Sure, but I think the odds are decent that what comes next will be economically freer.

42 sats \ 4 replies \ @grayruby 1 Sep

Probably but I guess it depends on the timeline of that because the transition is probably drawn out and painful.

40 sats \ 3 replies \ @Undisciplined 1 Sep

The Mao to Deng transition was very swift

42 sats \ 2 replies \ @grayruby 1 Sep

Yes but the transition to Mao was not.

40 sats \ 1 reply \ @Undisciplined 1 Sep

If they go back that direction, then they definitely won't be in the top spot

42 sats \ 0 replies \ @grayruby 1 Sep

Just pointing out that some transitions are smooth and others are messy so we don't really know what the next one for China will look like. I am bearish on China but I have been for quite awhile and been proven wrong.

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10 sats \ 0 replies \ @Bell_curve 2 Sep

but what about India and Pakistan

please...