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Old 12-08-2009, 10:26 AM   #1
zlopikanikanzax

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In terms of economies, future major countries may displace Britain such as the BRIC Nations and obviously the US, Japan and Germany have larger econmies than Britain, but I doubt Australia or Canada will by 2015 and within the EU the exchange rate has much to do with Britains current position.

It is unlikely that Brazil and India will overtake the UK Economy for some time, and certainly not within 5 years, Russia may overtake the UK but that is dependent on Gas prices, Russia being home to vast gas and oil fields. China will amost certainly overtake the UK Economy, with many reports suggesting it has already done so, but the sheer size of a country with a population of 1.3 Billion makes this inevitable.

It should be noted though, that in China a married couple is only allowed to have one child, and given the fact that the male child is much more important to the Chinese, they tend to abort or try to get rid of female babies, and this has led to a glut of males and far too few females, so China has severe future population sustainability problems.

Finally if Turkey and indeed Russia eventually join the EU, the joint population of the European Union will be over 700 million, and this will create a very powerful economic and political union indeed.





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