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How is Japan 10000x more sophisticated?
India has surpassed Japan to become the fourth-largest economy
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Re: India has surpassed Japan to become the fourth-largest economy
#12This is great news. With a stronger economy, Indians could stay in India instead of having to immigrate elsewhere (anywhere).
Re: India has surpassed Japan to become the fourth-largest economy
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Re: India has surpassed Japan to become the fourth-largest economy
#14Re: India has surpassed Japan to become the fourth-largest economy
#15Re: India has surpassed Japan to become the fourth-largest economy
#16Re: India has surpassed Japan to become the fourth-largest economy
#17Per capita is the more meaningful number. Look up the rankings. The difference is dramatic. For trajectory note that the Indian population is growing while japans population is shrinking. So taking all that into account per capita it’s about 50 years before India catches up with Japan if current rates stay the same. I can guarantee rates will not stay the same.
Nominal GDP is very important for geopolitics.
Nuclear weapons even more, which India does have.
Re: India has surpassed Japan to become the fourth-largest economy
#18Re: India has surpassed Japan to become the fourth-largest economy
#19You can stop worshipping growth any time you like.
The alternative is stagnation. And if you think that zero sum economy would favor you over corporations and billionaires, I have a bridge to sell you.
Re: India has surpassed Japan to become the fourth-largest economy
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