As America Flirts with Non-issues like ‘Climate Change’, Goldman Sachs Reports Reality, but few Listen…

Patrick French“One of the more influential projections, which shocked foreign business people into acknowledging the possibility of a radically reshaped global economy, was a 2003 Goldman Sachs report, Dreaming with BRICs: The Path to 2050. It suggested that by the year 2050, Brazil, Russia, India and China (BRIC) might collectively overtake the economies of the G6 (The United States, UK, Japan, Germany, France and Italy) in GDP terms. By 2032, India could overtake Japan, and by 2041, China could overtake the U.S. India was projected as the only BRIC economy that would still have high growth rates by 2050, since it has a younger population. China, because of the demographics created by its one-child policy, was set to decline from a paramount position in around 2023. There were many arguments against this dream of the future ─ like climate change [nonsense], the shrinking of the Himalayas [like ‘climate change’, something human kind has no power to influence], political instability or inertia, river pollution, severe water shortages in parts of north India, mineral depletion and the running conflict with Pakistan ─ but it seemed inevitable that before the middle of the twenty first century the global balance of economic power would have shifted and India would lie somewhere near the center.” India, a Portrait, Copyright © 2011 by Patrick French, Published by Alfred A. Knopf, New York, Page 193.

About Michael

Retired military officer; retired Air Force civil servant; retired executive, DS Information Systems Corporation; writer; researcher; reader and avid yachtsman.
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