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BRIC miracle largely over; mature economies take the lead, says US Conference Board

Thursday, November 15th 2012 - 18:44 UTC
Full article 7 comments

The catch-up boom in China, India and Brazil is largely over and will be followed by a drastic slowdown over the next decade, according to a report by America's top forecasting body. Read full article

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  • Ayayay

    CEOs @ WSJ conference: Where are you increasing investment & hiring the most? US 53%, Asia 36%, Latin Am 7%, Europe only 2%, Africa 2% (http://twitter.com/davidmwessel/status/268349121067368449)

    Nov 15th, 2012 - 07:17 pm - Link - Report abuse 0
  • St.John

    Sure, but e.g. 7% and 2% of how much.

    100% of 1 is 2; 2% of 3 000 000 000 000 is 60 000 000 000

    Nov 16th, 2012 - 05:07 am - Link - Report abuse 0
  • British_Kirchnerist

    Western propaganda now promises that we will catch up with and overtake the Chinese, one day =)

    Nov 16th, 2012 - 08:19 pm - Link - Report abuse 0
  • Ayayay

    @2 http://ceocouncil.wsj.com/
    All Ceos polled anonymously.
    Includes a list of members.

    Nov 16th, 2012 - 11:51 pm - Link - Report abuse 0
  • DanyBerger

    Well that’s it these people just know the future...

    But I am still confident on my own prediction...

    China will take over US economy in 5 years and US will drop to second place.
    India will be the third economy and Brazil will become fifth economy.

    Countries like UK, France, Italy will be disputing the number 10 position and others will fall into the top 20.

    China
    US
    India
    Japan
    Germany
    Brazil
    Russia
    Mexico
    South Korea
    UK/France/Italy

    Nov 17th, 2012 - 12:39 pm - Link - Report abuse 0
  • Ayayay

    @5, where is your guess for Argentina in five years?
    Per person income

    Nov 18th, 2012 - 11:09 pm - Link - Report abuse 0
  • DanyBerger

    @Ayayay

    Do you mean for “Per person income” salaries or the wrong definition for “GDP per capita”?

    Because they are 2 different things.

    Anyway both will continue to rise despite what “Gurus” say.

    The GDP per capita will be close to 24/25k USD I guess.

    You saw first in the DB economy channel.

    Nov 19th, 2012 - 08:57 am - Link - Report abuse 0

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