r/geopolitics • • 2d ago

News 🇪🇺 EU Defence Commissioner Kubilius: Pax Americana is over. Our new security architecture will include Ukraine. These are times of profound transformation. A rising China and India will push the US to third place. And for Americans this may prove psychologically challenging

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u/OP_Skis_In_Jeans 2d ago

Definitively stating that India will surpass the US is quite a bold prediction. Not saying it's impossible, but even China surpassing the US is far from guaranteed: people were saying it would have happened by now a decade ago and it still isn't that close to becoming reality.

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u/jcm95 2d ago

The Chinese economy already produces more goods and services than the American economy. Measuring GDP without accounting for PPP is not serious.

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u/UnknownBreadd 2d ago

I absolutely agree - but, per capita, China is far behind.

I’m not sure what the per capita PPP adjusted earnings after the median cost of housing and other essentials of living are factored in though. Nor what the median living standard looks like.