jump to navigation

How did this happen ? June 3, 2006

Posted by Sharath Rao in economics, geo-politics, history.

“In 1450 A.D., India and China together accounted for 75% of the World GDP. America wasnt discovered and Europe was primitive. In 1950, Europe and the US accounted for 75% of World GDP and India and China made for a paltry 7%. In 500 years, the tables had turned. And now, its turning again…”

Exciting lecture by Clyde V. Prestowitz, Jr., President, Economic Strategy Institute (ESI), Washington D.C. – you can listen to it here.

Also perhaps read this article here – by Clyde again.



No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: