These Will Be 20 Largest Economies In 2030

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  • RummyBoy
    Confirmed User
    • Dec 2009
    • 2157
    #1

    News These Will Be 20 Largest Economies In 2030

    According to the U.S. Department of Agriculture's latest macroeconomic projections to 2030, the world order will be as follows:



    These will be the world's 20 largest economies in 2030 - Yahoo Finance
    Tags: None
    • Hentaikid
      Confirmed User
      • Nov 2002
      • 1250
      #2
      Seriously did not expect to see Spain in there

        Comment

        • RummyBoy
          Confirmed User
          • Dec 2009
          • 2157
          #3
          Why not spain? debt is a separate issue....

          Im surprised Germany isn't closer to Japan

            Comment

            • Paz
              Confirmed User
              • Jun 2012
              • 457
              #4
              I saw a few big surprises in there too.... I think the source (US Dept of Agriculture) isn't a reliable one IMHO, maybe the US treasury might do better but most of the projections I remember put China at the top in a few years time.

                Comment

                • Robbie
                  Leaner, Meaner, Faster
                  • Aug 2002
                  • 20960
                  #5
                  Truth is none of them really know what will happen with the economy in any of those nations.
                  If they did...we would never see recessions and depressions.

                  They just guess.
                  -Robbie
                  ClaudiaMarie.Com

                    Comment

                    • Captain Kawaii
                      So Fucking Banned
                      • Oct 2007
                      • 6748
                      #6
                      Funny list.

                        Comment

                        • adultchatpay
                          Let's Make Money
                          • Dec 2008
                          • 8785
                          #7
                          Indonesia? Really?

                            Comment

                            • RummyBoy
                              Confirmed User
                              • Dec 2009
                              • 2157
                              #8
                              Originally posted by Robbie
                              They just guess.
                              It's true they cannot predict the future but they're not guessing. These are projections which are not that difficult to make if you ignore black swans etc. For example, now that we have a slow down in China they're probably projecting forward at sub 7% growth instead of above, for the next few years.

                              You just take the GDP figure and then compound the GDP growth year on year.

                              As for China, well China has already over taken the US in many different metrics but it will take a LOT longer for China to surpass the US in terms of GDP which is the most important economy size metric. Their figures are probably not that far off.

                              There is a chance that China would be ahead of the US by then but I really doubt it will come much earlier than, say 2028. Probably better for China if they get quality slower growth instead of highly leveraged faster growth .

                              China is $10 trillion GDP approx.
                              USA is a $17 trillion GDP approx.

                                Comment

                                • RummyBoy
                                  Confirmed User
                                  • Dec 2009
                                  • 2157
                                  #9
                                  Originally posted by Paz
                                  I saw a few big surprises in there too....
                                  Which big surprises? Indonesia has been a top ranked emerging market for a long time and has as much promise as Vietnam (which isn't on the list).

                                    Comment

                                    • slapass
                                      Too lazy to set a custom title
                                      • Nov 2002
                                      • 14625
                                      #10
                                      Originally posted by RummyBoy
                                      Which big surprises? Indonesia has been a top ranked emerging market for a long time and has as much promise as Vietnam (which isn't on the list).
                                      Russia seems a bit low for an educated population with tons of land and resources.

                                        Comment

                                        • RummyBoy
                                          Confirmed User
                                          • Dec 2009
                                          • 2157
                                          #11
                                          Originally posted by slapass
                                          Russia seems a bit low for an educated population with tons of land and resources.
                                          True and I think it looks like the relationship between Russia (largest energy producer) and China (largest energy consumer and hungry for many resources), which is a match made in heaven, is basically being underestimated in terms of economic impact for Russia which should be a least a few notches higher on this list...

                                          I daresay Russia could also be a beneficiary of demand from India too, as they import 80% of their oil. Demand which will grow as their economy grows.

                                            Comment

                                            • ilnjscb
                                              Confirmed User
                                              • Jun 2009
                                              • 8973
                                              #12
                                              2001: The national debt will be repaid within a decade
                                              In 2001, the CBO forecast a cumulative 10-year surplus of $5.6 trillion. In reality, it was a cumulative deficit of $6.5 trillion. That's a $12.1 trillion miss.

                                              This is the federal government we're talking about - if they predict a sunny day, run inside

                                                Comment

                                                • just a punk
                                                  So fuckin' bored
                                                  • Jun 2003
                                                  • 32393
                                                  #13
                                                  China will be #1
                                                  Obey the Cowgod

                                                    Comment

                                                    • mineistaken
                                                      See signature :)
                                                      • Apr 2007
                                                      • 29656
                                                      #14
                                                      Department of Agriculture doing this? Employee went rogue or side interest project? LOL

                                                        Comment

                                                        • Karatmaster
                                                          Registered User
                                                          • Mar 2015
                                                          • 14
                                                          #15
                                                          Originally posted by adultchatpay
                                                          Indonesia? Really?
                                                          Yes, Indonesia is growing at a phenomenal rate ... And with everything happening with the USD - I am not convinced the USA will be on top of the list !?! *time will tell
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                                                            Comment

                                                            • RandyRandy
                                                              Clips still sell!
                                                              • Jul 2012
                                                              • 1708
                                                              #16
                                                              Originally posted by Karatmaster
                                                              Yes, Indonesia is growing at a phenomenal rate ... And with everything happening with the USD - I am not convinced the USA will be on top of the list !?! *time will tell
                                                              4th most populous country in the world. Who knew?

                                                                Comment

                                                                • RummyBoy
                                                                  Confirmed User
                                                                  • Dec 2009
                                                                  • 2157
                                                                  #17
                                                                  Originally posted by mineistaken
                                                                  Department of Agriculture doing this? Employee went rogue or side interest project? LOL
                                                                  Looks like the latter since they goofed it up and have now been forced to correct the list (Switzerland was removed):

                                                                  These Will BeÂhathe World's 20 Largest Economies in 2030 - Bloomberg Business

                                                                    Comment

                                                                    • Robbie
                                                                      Leaner, Meaner, Faster
                                                                      • Aug 2002
                                                                      • 20960
                                                                      #18
                                                                      Originally posted by ilnjscb
                                                                      2001: The national debt will be repaid within a decade
                                                                      In 2001, the CBO forecast a cumulative 10-year surplus of $5.6 trillion. In reality, it was a cumulative deficit of $6.5 trillion. That's a $12.1 trillion miss.

                                                                      This is the federal government we're talking about - if they predict a sunny day, run inside
                                                                      That's why I say they are just guessing about any country's economy.

                                                                      The CBO didn't foresee "9-11" happening which racheted up govt. spending (wars, the TSA, the Patriot Act) and then they didn't foresee the housing market collapsing in 2008 which led to the economic collapse and people losing jobs which meant years of less taxes being taken in by the feds (and even more money going out in subsidies to people).
                                                                      And then they didn't foresee "ObamaCare"

                                                                      The list goes on and on.

                                                                      All of their guesses are based on current conditions. That's why they are always wrong.
                                                                      -Robbie
                                                                      ClaudiaMarie.Com

                                                                        Comment

                                                                        • 420
                                                                          cuck
                                                                          • Mar 2003
                                                                          • 11571
                                                                          #19
                                                                          According to the US; the US is going to be awesome!
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                                                                            Comment

                                                                            • pimpmaster9000
                                                                              Too lazy to set a custom title
                                                                              • Dec 2011
                                                                              • 26732
                                                                              #20
                                                                              well if we completely and utterly ignore the 16tril$ debt, of which 8tril$ was just under the current president, then yes, the USA is doing baller...but on the other hand, if we use basic math
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                                                                                Comment

                                                                                • Struggle4Bucks
                                                                                  Sieg Hi!
                                                                                  • May 2011
                                                                                  • 3615
                                                                                  #21
                                                                                  Netherlands.... one of the smallest countries in the world... one of the 20 biggest economies....
                                                                                  Half troll half amazing!

                                                                                    Comment

                                                                                    • L-Pink
                                                                                      working on my tan
                                                                                      • Mar 2005
                                                                                      • 39151
                                                                                      #22
                                                                                      Originally posted by Struggle4Bucks
                                                                                      Netherlands.... one of the smallest countries in the world... one of the 20 biggest economies....
                                                                                      Yea but back your sales out and it falls dramatically

                                                                                        Comment

                                                                                        • Paz
                                                                                          Confirmed User
                                                                                          • Jun 2012
                                                                                          • 457
                                                                                          #23
                                                                                          Originally posted by Struggle4Bucks
                                                                                          Netherlands.... one of the smallest countries in the world... one of the 20 biggest economies....
                                                                                          Impressed. Didn't know always thought NL was just ticking over on its container ports and farming. What else is happening there?

                                                                                            Comment

                                                                                            • mineistaken
                                                                                              See signature :)
                                                                                              • Apr 2007
                                                                                              • 29656
                                                                                              #24
                                                                                              Originally posted by Struggle4Bucks
                                                                                              Netherlands.... one of the smallest countries in the world... one of the 20 biggest economies....
                                                                                              One of the smallest? At least in top 30%...
                                                                                              Just checked - somewhere like 7th or 8th in Europe.

                                                                                                Comment

                                                                                                • Struggle4Bucks
                                                                                                  Sieg Hi!
                                                                                                  • May 2011
                                                                                                  • 3615
                                                                                                  #25
                                                                                                  Originally posted by mineistaken
                                                                                                  One of the smallest? At least in top 30%...
                                                                                                  Just checked - somewhere like 7th or 8th in Europe.
                                                                                                  in terms of inhabitants and surface area

                                                                                                  When driving my car... and i lose focus for 5 minutes... i'll miss my highway exit and i'm either entering Belgium, Germany or fucking drive into the North Sea

                                                                                                  Half troll half amazing!

                                                                                                    Comment

                                                                                                    • aka123
                                                                                                      Confirmed User
                                                                                                      • Jul 2014
                                                                                                      • 4450
                                                                                                      #26
                                                                                                      Originally posted by Struggle4Bucks
                                                                                                      Netherlands.... one of the smallest countries in the world... one of the 20 biggest economies....
                                                                                                      Originally posted by Paz
                                                                                                      Impressed. Didn't know always thought NL was just ticking over on its container ports and farming. What else is happening there?
                                                                                                      They have long history from commerce, and colonialism.. or at least did have the latter. For example Boers are originally from Netherland.

                                                                                                        Comment

                                                                                                        • brassmonkey
                                                                                                          Pay It Forward
                                                                                                          • Sep 2005
                                                                                                          • 77396
                                                                                                          #27
                                                                                                          who gives a shit? all this changes depending on war also the stability of this planet
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                                                                                                            • $5 submissions
                                                                                                              I help you SUCCEED
                                                                                                              • Nov 2003
                                                                                                              • 32195
                                                                                                              #28
                                                                                                              Given the current reforms happening in Mexico,I was expecting it to rank higher in that chart. Mexico will be a breakout economic miracle within the next 15 years if reforms continue.

                                                                                                                Comment

                                                                                                                • klinton
                                                                                                                  So Fucking Banned
                                                                                                                  • Apr 2003
                                                                                                                  • 8766
                                                                                                                  #29


                                                                                                                  Originally posted by ilnjscb
                                                                                                                  This is the federal government we're talking about - if they predict a sunny day, run inside

                                                                                                                    Comment

                                                                                                                    • SekobA
                                                                                                                      Too lazy to set a custom title
                                                                                                                      • Oct 2008
                                                                                                                      • 12174
                                                                                                                      #30
                                                                                                                      China has a poor quality products

                                                                                                                        Comment

                                                                                                                        • just a punk
                                                                                                                          So fuckin' bored
                                                                                                                          • Jun 2003
                                                                                                                          • 32393
                                                                                                                          #31
                                                                                                                          Originally posted by SekobA
                                                                                                                          China has a poor quality products
                                                                                                                          Do you mean all those iPhones?
                                                                                                                          Obey the Cowgod

                                                                                                                            Comment

                                                                                                                            • itme64
                                                                                                                              Confirmed User
                                                                                                                              • Jul 2013
                                                                                                                              • 242
                                                                                                                              #32
                                                                                                                              Originally posted by Struggle4Bucks
                                                                                                                              in terms of inhabitants and surface area

                                                                                                                              When driving my car... and i lose focus for 5 minutes... i'll miss my highway exit and i'm either entering Belgium, Germany or fucking drive into the North Sea

                                                                                                                              hehehehhe
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                                                                                                                                Comment

                                                                                                                                • JJ Gold
                                                                                                                                  Confirmed User
                                                                                                                                  • Aug 2004
                                                                                                                                  • 1969
                                                                                                                                  #33
                                                                                                                                  Originally posted by $5 submissions
                                                                                                                                  Given the current reforms happening in Mexico,I was expecting it to rank higher in that chart. Mexico will be a breakout economic miracle within the next 15 years if reforms continue.
                                                                                                                                  If these reforms include pulling out and cumming on tits you may be right.

                                                                                                                                    Comment

                                                                                                                                    • yuvalh
                                                                                                                                      Registered User
                                                                                                                                      • Apr 2015
                                                                                                                                      • 3
                                                                                                                                      #34
                                                                                                                                      I don't see Israel

                                                                                                                                      Israel is not on the list. Guess they are too small

                                                                                                                                        Comment

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