China will be The Leading economy by 2032
World Economic League Table (WELT) predicts China to be leading economy by 2032.
China will overtake US as the largest economy. And also India will be third largest by 2027.
By 2032 three of the worlds top four economies would be from Asia with China, India and Japan.
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Are you sure about that? Japan is still losing population and this won't stop until they've reached some 70-80m citizens which means the GDP will quite likely shrink in the next 3 decades.
And India looks to me like just another Brazil.. everything in the future, but nothing in the present - well, except for population growth, which consumes the productivity.
Lastly China, which might end up growing old before it grows rich. But then again, Martin Armstrong says it too: It's going to be China. The West drifts into the oblivion of another Middle Age and China takes over the helm.