The West Is On Decline, Global Wealth Shifting To The East, The Expansion Of Government In The West Has Made It Possible For Countries To Load Up On Massive, Never-Ending Deficits, Will Soon Reach Crisis Levels.
December 29th, 2012
The Decline Of The West: Presenting The Decline of The West In Two Easy Infographics
There’s been a shift of wealth.
Two interesting infographics were published recently that make it so easy to see the decline of the West, even a caveman can do it.
The first is from the Brookings Institute, which has released an interactive map showing economic growth data for the largest 300 metropolitan areas in the world– from New York and London to Okayama, Japan and Wulumuqi, China.
The Brookings map ranks each of these cities based on economic performance over three distinct periods, measuring both GDP growth and employment trends.
The first time period is the last full year of data, 2011-2012. The second time period is that particular city’s economic low point since the global recession began in 2007. And the third period of time is a long-term view between 1993-2007.
The map then color codes each city by quintile. Dark blue represents the strongest economic growth over the three periods, orange and red represents the weakes