Goldman: This Awful Decade Could Be the Century’s Best for Global Growth

If demographics are destiny, then this might be the best decade for global economic growth in 70 years. Take that, Great Recession.

The following chart from Goldman Sachs breaks down global growth over the past 30 years and projects forward for the next 40. The good (or maybe bad) news is that despite the whole “global financial crisis” thing you might have read about, the 2010s are the big winner. (A note on the chart: The dark blue shows Brazil, Russia, India and China’s share of global growth, the lighter blue the next 11 biggest emerging markets, the lightest blue all other emerging markets, and the grey the world’s rich economies.)

To read the rest and see the chart, go here.