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.
|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."|
|“Civilisation is a movement, and not a condition, a voyage and not a harbour.”|
|“Lighter, more affordable, personal rapid transit: self-driving bikes.”|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|“If you really want to save the planet, you should die.”|
|“A company headquartered in Toronto runs a successful affordable mobile phone service in the US.”|
|Somebody Needs to Build a New Facebook Stat|
|CaptchaTweet: Write Tweets in Captcha Form|
|Why, Typewriters Are Alive and Well, Thank you|
|Bizarre Record Covers|
|“Artificial intelligence can detect your sexuality and politics just by looking at your face.”|
|The (Very Scary) People of Public Transit|