Believe this ? Indian Economy to top position by 2050 ?

D

According to a CITI Financial Services Group report summarized in REDIFF and reproduced below, China should overtake the US to become the largest economy in the world by 2020, then be overtaken by India by 2050.

Following will be the 10 largest economies in the world in 2050:

1. India: $85.97 trillion

2. China: $80.02 trillion

3. United States: $39.07 trillion

4. Indonesia: $13.93 trillion

5. Brazil: $11.58 trillion

6. Nigeria: $9.51 trillion

7. Russia: $7.77 trillion

8. Mexico: $6.57 trillion

9. Japan: $6.48 trillion

10. Egypt: $6.02 trillion.

CHECK THE WHOLE STORY OUT HERE

I don't think this will happen with all the corruption and disasters...
And Nigeria and Indonesia in top 10 ? C'mon.
Hope this brings out a good discussion.

I'd believe this ideal extrapolation if I were on dope.

dopeknight said:
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And Nigeria and Indonesia in top 10 ?

Don't doubt Nigerian prince. Lately, I got million dollar offers from him.

Surpassing china is very doubtful and difficult too.

India surpassing China?! Not the most likeliest thing to happen.

lol ok.

D

Faun said:
I'd believe this ideal extrapolation if I were on dope.

Hope it will happen....
India is growing, but fuel prices shouldn't grow..

Arrr my eyes spoilt !! I can see Nigeria in top or is it a typo for new zealand .
India Taking over china???Not Possible for the next 100 years
But probably if the current generation Youth become and PM :lol:

and take over India.And make it a better country then yes.
But whoever made this list was banged in his head before writing this

Don't doubt Nigerian prince. Lately, I got million dollar offers from him.

Take it and give me 5-10% of it :lol:

Actually quite some books have been written by economists on this, and most papers carry similar articles almost weekly. Growth in China is decreasing, and India is punching out a decent 7%, though it is also slowing down. But India has a lot of deterrents, which can spoil the show. Let us see. It is not impossible.

Nigeria and Indonesia are both major crude oil sources. *If* they play their cards well, top 10 is not impossible. As for India, something truly revolutionary needs to happen. No, not the Mangal Pandey kind.

LOL!!!

... don't worry guys, nobody will overtake anyone. (World is gonna end on 21 Dec 2012 :nanananana:

)

Is that an April Fools Joke!?

India might get to the second position but never the first position. China is sure gonna take that position in near future

Hard to believe, but not impossible. India needs a little more Felix Felicis.

montsa007 said:
Is that an April Fools Joke!?

Could you be even more late ? :lol:

Faun said:
Could you be even more late ?

You never know...

Faun said:
Could you be even more late ?

I will post these in summer vacations if you say...

Faun said:
I'd believe this ideal extrapolation if I were on dope.

Don't doubt Nigerian prince. Lately, I got million dollar offers from him.

Still, to believe this, pretty high you must be :wink:

If people could predict financial wold in a half decent way, the recent global collapse would have been less worse. And look at article, its just a mockery.
Actually I'm rather relieved that its only a joke