COTD: Emerging Markets Are The Future

Posted on October 30, 2017 by macromon

In case you missed it,  emerging market and developing economies, based on purchasing power partity international dollars, now exceed the advanced economies (AEs).  They crossed the Rubicon in 2007 and even excluding China will exceed in the AEs next year according to the International Monetary Fund.

Emerging Markets_Oct30

(COTD = Chart of the Day)

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