Quote Originally Posted by MOZZER2 View Post
as you appear to use the IMF data alot James here is another from them in terms of the future

World's biggest economies in 2028, projected by IMF.

���� United States: $32.3 trillion
���� China: $27.4 trillion
���� India: $5.5 trillion
���� Japan: $5.3 trillion
���� Germany: $5 trillion
���� United Kingdom: $4.2 trillion
���� France: $3.3 trillion
���� Brazil: $2.7 trillion
���� Canada: $2.6 trillion
���� Italy: $2.4 trillion
���� Russia: $2.2 trillion
���� South Korea: $2.1 trillion
���� Indonesia: $2 trillion
���� Australia: $2 trillion
���� Mexico: $2 trillion
���� Spain: $1.7 trillion
���� Turkey: $1.3 trillion
���� Netherlands: $1.2 trillion
���� Saudi Arabia: $1.2 trillion
���� Switzerland: $1.1 trillion
���� Poland: $1 trillion
���� Taiwan: $0.99 trillion
���� Nigeria: $0.9 trillion
���� Thailand: $0.7 trillion
���� Ireland: $0.7 trillion
���� Bangladesh: $0.7 trillion
���� Vietnam: $0.7 trillion
���� Argentina: $0.7 trillion

my question is how can they project this ? alot can happen in 5 years
Well, it's an educated guess, but it is guesswork. There's obvious factors that no one can factor in, but I think there's a general understanding that certain economies may grow 1-2% a year. Some may grow 3-4% some may grow 5-6% etc, so a rough estimate can be made on that. Trying to provide anything much more accurate than that is essentially impossible, and they do get it wrong often, understandably so.

What is important, in my opinion, is to pay more attention to facts than predictions. Just as the final league table is more important than the Championship odds William Hill produces in the summer before the season starts.