MemCast
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China and India have reclaimed their historic share of world GDP, driving a rapid rebalancing.
  • A 2,000‑year economic history chart shows India and China dominating the world economy before the West’s rise.
  • Since the early 2000s, the share of global GDP held by the G7 has been falling while BRICS nations, especially China and India, have surged.
  • The data reveals a clear inversion: the G7’s percentage of world output is sliding, whereas BRICS is climbing.
  • This shift is not a temporary blip; it reflects structural changes in production, demographics, and technology.
  • The implication is that future growth, capital, and influence will increasingly flow through Asian economies.
Balaji SrinivasanThe Peter McCormack Show00:06:46

Supporting quotes

India and China were basically most of the world economy back around the time. Balaji Srinivasan
The G7 nations have just been declining in their GDP percentage of the world and BRICS has been rising. Balaji Srinivasan

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The Global Economic Center Shifts Eastward

Balaji shows how the world's economic mass, once centered in Eurasia, moved West during the industrial revolution and is now racing back to Asia in a matter of decades, reshaping the balance of power.

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