Jeffery Sach said India will become a developed nation by 2047. Modi and his ministers went one big step further and declared that 2047 India will overtake China, and of course the USA, as the world's number one super power, economically, militarily and in technology. This is great news for the Indians and also for Singapore. Singapore's big gamble to place all its bets on India needs not wait for another 100 years. 2047 is only 20 years from now. Singapore will be the biggest beneficiary when India becomes the number one super power. Some Singaporeans will proudly say, there I told you, I predicted this to happen. Modi may want to move his capital to Singapore and also appoint a state PM for Singapore. This must be the best news for Singapore and Singaporeans. Singaporeans can then invest more in India to earn more rupees. And the rupees will replace the dollar as the international reserve currency. No need for the Singapore dollar any more. The mountains of rupees Singapore is holding will appreciate overnight. Huat ah!
There are many caveats for this to happen. Both China and the USA will have to stop their growth in the next 20 years. And there is a high possibility that this will really happen. The USA is in rapid decline and may even implode with all the self inflicted policies of destruction under Trump and his clowns and supported by an equally daft population of uneducated hillbillies and rednecks. The Americans believe that they did not have to work, did not have to be productive, just be a military power to control and rule the world by force, by the law of the jungle.... and underestimating the rest of the world to rise and challenge the Americans' military might, destroying the American hegemony in the dollar and the financial system.
China may also start to decline with its ageing population and will wither and die as predicted by Gordon Chang and all the great American anal-lysts. This is the conventional wisdom of the day, that a big young population will be more productive than an ageing population. And China's decline must start from now and its economy runs to a standstill as predicted by Gordon Chang and wished for by the Americans and whoever that want to see the collapse of the Chinese and the rise of China. There are many ifs for this to happen, and Gordon Chang and Modi may live long enough to see this happening....2047.
The Indians may have their wish come true. And those Singaporean gamblers placing their bets on India to overtake China may also live to see this day happening...in their wildest wet dreams.
Start counting from now to 2047. The USA and China's GDP growth must be at a standstill from 2026 and the next 20 years and India must be growing at 20% annually to be mathematically possible, not another wishy washy day dream.
Better start to learn Hindi and how to sing the Indian national anthem, be proactive and prepare for the new future for those who will still be around to see this day.
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