The Last 2,000 Years of the World's Economies Shown in One Simple Graph

#Money

Wed, Jun 20th, 2012 11:00 by capnasty NEWS

Derek Thompson of The Atlantic brings to attention that simple little graph you see above: part of a research letter written by Michael Cembalest -- an analyst with JP Morgan -- it shows the world's economies from 1 A.D. all the way to 2008. It's been downhill since 1950.

I'm guessing that your first question, if you started scanning from the left, is: Wait, India was by far the biggest economy at the dawn of AD? Yup, India.

In Year 1, India and China were home to one-third and one-quarter of the world's population, respectively. It's hardly surprising, then, that they also commanded one-third and one-quarter of the world's economy, respectively.

  743

 

You may also be interested in:

Who Your Facebook Friends Are Could Change Your Credit Rating
Lawsuit Filed Against Warner to Prove Happy Birthday Is In The Public Domain
"In the place of guns and masks, this cybercrime organization used laptops and the Internet." Robbing Banks in the 21st Century
Apple Has More Cash Than the U.S. Government
"The Internet is the dream platform for scammers."