It’s Time for India….or is it?

[kreslik.news]

Since the rapid rise of emerging market behemoths such as India and China during the last decade and a half, there is a game called, “when will they top the western economies?”. In this amusing game, we try to assess when will a developing country (mostly China and India) will outgrow a western economy.

A Milestone for Eastern Dominance

The last time this happened was when China toppled the US as the worlds’ largest economy in 2014. Well…not quite.

Per the IMF, China produced $17.6 trillion of goods and services, $200 billion more than the US and we also found out that ... (read more)