In the 1980's, Japan was the ascendant global power. Year after year, Japan's GDP grew, and it seemed like a foregone conclusion that the country would flip the USA in terms of economic output and political standing (as you can see from the chart above). What happened next? Utter stagnation. Demographic issues and a popping asset bubble led to issues that...
The US Economy Is 25% Of the Global GDP with just 334 million (4.25% of the global population) This is extremely important to understand because it gives you the context required to better understand so many various narratives that are pushed all over media and politics. Here are some examples China has 1.45 billion people (18.5% of the global population)...
As you can see in the chart Brazil, Russia, India, are nowhere near where US GDP is. BRIC currency is a joke. US has 5% of global population that produces 25% of Global GDP ($100 Trillion.) Combined Brazil Russia India barely have $7 trillion of GDP or 7% with 23% of global population. The complete opposite. BRIC Replacing The US Is Silly
The trajectory of global GDP & Money Supply keeps going up. The World's GDP was 103.86 trillion in 2022 and is forecasted for 112.6 trillion in 2023. As of Nov. 28, 2022, the total global value of the M2 money supply is $82.6 trillion. Gross domestic product (GDP), is an estimate of the total value of goods and services produced in a country during a specified...