JUST

United

Read

Trillion

<div class="watcher-guru"> 
 <p>The BRICS alliance is advancing in its quest to dethrone the U.S. dollar currency from its global reserve status. A recent report from Goldman Sachs indicates that the U.S. GDP could drop to third place by 2075. Two BRICS countries China and India could have a bigger GDP than that of the U.S. and might take the first and second spot.</p> 
 <p><strong>Also Read: BRICS: The Beginning of the End for the US Dollar?</strong></p> 
 <p>According to Goldman Sachs, BRICS members China and India could overtake the U.S. GDP by 2075. The global investment bank predicts that India could overtake the U.S. GDP pushing it to the third spot in the next 50 years. Read here to know how BRICS plans to end the U.S. dollar’s supremacy by targeting America’s 10 financial sectors.</p> 
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add"> 
   <div data-fuse="22560828227"></div> 
  </div> 
 </div> 
 <p>Below is the break-up of the world’s biggest economies in 2075, predicted by the leading investment bank.</p> 
 <p><strong>China: $57 trillion<br><a rel="noopener noreferrer nofollow" title="India" href="https://thebittimes.com/tag/india.html">India</a>: $52.5 trillion<br>United States: $51.5 trillion</strong></p> 
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div id="primisContainer" class="add"></div> 
 </div> 
 <p><strong>Also Read: US Economy Added $10 Trillion in Debt in the Last 3 Years</strong></p> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
    <p lang="en" dir="ltr">World's biggest economies in 2075, projected by Goldman Sachs:<br><br>🇨🇳 China: $57 trillion<br>🇮🇳 <a rel="noopener noreferrer nofollow" title="India" href="https://thebittimes.com/tag/india.html">India</a>: $52.5 trillion<br>🇺🇸 United States: $51.5 trillion<br>🇮🇩 Indonesia: $13.7 trillion<br>🇳🇬 Nigeria: $13.1 trillion<br>🇵🇰 Pakistan: $12.3 trillion<br>🇪🇬 Egypt: $10.4 trillion<br>🇧🇷 Brazil: $8.7 trillion…</p>— BRICS (@BRICSinfo) July 12, 2023 
   </blockquote> 
  </div> 
 </figure> 
 <h2 class="wp-block-heading" id="h-brics-u-s-gdp-could-fall-below-china-amp-india-by-2075">BRICS: U.S. GDP Could Fall Below China &amp; India by 2075</h2> 
 <figure class="wp-block-image size-large"> 
  <img decoding="async" width="1024" height="802" src="https://cdn.thebittimes.com/images/2023/09/22/9dad7e4486428b351e0411be6742ca91.webp" alt="India China USA America flags countries brics gdp" class="wp-image-112936" srcset="https://cdn.thebittimes.com/images/2023/09/22/9dad7e4486428b351e0411be6742ca91.webp 1024w, https://cdn.thebittimes.com/images/2023/09/22/9dad7e4486428b351e0411be6742ca91.webp 300w, https://cdn.thebittimes.com/images/2023/09/22/9dad7e4486428b351e0411be6742ca91.webp 768w, https://cdn.thebittimes.com/images/2023/09/22/9dad7e4486428b351e0411be6742ca91.webp 380w, https://cdn.thebittimes.com/images/2023/09/22/9dad7e4486428b351e0411be6742ca91.webp 550w, https://cdn.thebittimes.com/images/2023/09/22/9dad7e4486428b351e0411be6742ca91.webp 800w, https://cdn.thebittimes.com/images/2023/09/22/9dad7e4486428b351e0411be6742ca91.webp 1040w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: fairobserver.com / Vladirina32 / ShutterStock 
  </figcaption> 
 </figure> 
 <p>The U.S. could be $1 trillion behind <a rel="noopener noreferrer nofollow" title="India" href="https://thebittimes.com/tag/india.html">India</a> and $5.5 trillion behind China’s <a rel="noopener noreferrer nofollow" title="GDP" href="https://thebittimes.com/tag/gdp.html">GDP</a> in the next five decades. The other <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> members Egypt and Brazil would also come in the top 10 spot with a <a rel="noopener noreferrer nofollow" title="GDP" href="https://thebittimes.com/tag/gdp.html">GDP</a> of $10.4 trillion and $8.7 trillion respectively.</p> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
    <p lang="en" dir="ltr">JUST IN: 🇮🇳 India to overtake US as world's second-largest economy by 2075, Goldman Sachs says.</p> 
    <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
     <div class="publift-ad add"> 
      <div data-fuse="22560828233"></div> 
     </div> 
    </div> — Watcher.Guru (@WatcherGuru) July 10, 2023 
   </blockquote> 
  </div> 
 </figure> 
 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a>: U.S. Dollar to Experience a Tragic Ending, Predicts Economist</strong></p> 
 <p>BRICS revealed last month that dethroning the U.S. dollar from the global reserve status is a long-term plan. The alliance has many more years and several other chances of putting their local currencies first and not the USD.</p> 
 <p>The UK could fall outside the top 10 countries with the highest <a rel="noopener noreferrer nofollow" title="GDP" href="https://thebittimes.com/tag/gdp.html">GDP</a> taking the 11th spot at $7.6 trillion. The estimates from Goldman Sachs indicate that the financial power could tilt from the West and go to the East. In conclusion, the world order as we know it could rapidly change and the U.S. might not be the biggest economy.</p> 
</div> 
<div class="cs-entry__tags"> 
 <ul> 
  <li>BRICS</li> 
  <li>china</li> 
  <li>GDP</li> 
  <li>India</li> 
  <li>US GDP</li> 
 </ul> 
</div> 
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/2-brics-countries-to-be-ahead-of-u-s-gdp-in-2075-tbt63591.html">https://thebittimes.com/2-brics-countries-to-be-ahead-of-u-s-gdp-in-2075-tbt63591.html</a></p>

2 BRICS Countries To Be Ahead of U.S. GDP in 2075

Obsah

TheBitTimes

Ďalšie články zverejnené 21. 9. 2023

US House Financial Services Committee Advances Bills to Regulate Central Bank Digital Currency

Orchid Price Prediction 2023-2032: Is OXT a Good Investment?

Litecoin's 1.74% Price Decline to $63.71: Key Takeaways for September 21, 2023

Unraveling the Money Trail Behind the JPEX Controversy: Tracking Fund Flows and Enhancing Asset S...

Polygon Labs suggests assisting Celo’s transition to Ethereum layer 2 using CDK

Pfizer Stock Price Has Potential to Reach $75, Suggests Analysts

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!