'India could overtake Britain and have the world's fifth largest economy within a decade as the country's growth accelerates.' [http://news.bbc.co.uk/1/hi/world/south_asia/6294409.stm]
thats the prediction from a report by investment bank Goldman sachs.
The report goes on to say that india could even overtake the US in the next 50 years, along with China...
the biggest advantage these two countries have is huge populations, both weigh in at over a billion people, they can afford to produce cheaper manual labour, much cheaper...
Perhaps this would good for the world, but where on earth would the resources (oil etc) come from to support such Huge, (rich) populations?
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