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
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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
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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
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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
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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
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Ayayay
@5, where is your guess for Argentina in five years?
Per person income
Nov 18th, 2012 - 11:09 pm - Link - Report abuse 0
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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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