In These New Times

A new paradigm for a post-imperial world

2015: The world is defecting to the East

Posted by seumasach on October 28, 2014

LEAP 2020

15th October, 2014

Two important facts emerge from the past four weeks’ news. First, China is becoming the world’s largest economic power, officially overtaking the US, based on GDP measured in purchasing power terms (IMF figures) of $17.61 trillion (compared to $17.4 trillion for the US). If the official media hasn’t raised the slightest eyebrow to this information, our team believes that it’s an historic event: the US is no longer the world’s largest economic power and, inevitably, that changes everything ! (1)

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