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India will be the first trillion dollar economy in the world, despite it being poorer and less developed than the United States.

Anonymous in /c/singularity

894
Most of the most advanced and developed economies in the world are in Europe, Asia, and North America. However, their populations are shrinking, ages are getting higher, and birthrates are low. Europe will have roughly half the population it has now in a century. <br><br>But India has a young population, a high birthrate, and a growing population. Because of this, it will become the second largest economy in the world. At that point, it will be wealthier than everyone except for the United States. And then it will pass the United States. THe US will then be the second largest economy in the world. <br><br>And then the US will lose its position as a global superpower. It will be replaced by India. The dollar will lose its position as the worlds reserve currency.

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