Here is a dark picture for the G7. I have to recreate this graph myself based on the data but it shows you the economic power behind the scene:

- BRICS's gross domestic product, that is the total annual income of the BRICS nations is now 36% of the world while the same number of the G7 is 29%

- 23 years ago it was almost the opposite: the share of the G7 was double the share of the BRICS.

What does this mean?

The economic power of the "South" has drastically increased. While that of the "West" has declined or stayed stagnant. Has only increased by 5%.

In 23 years the South has increased their economic power.

Now my question is:

For the Caribbean: if your tourists are only coming from the G7 nations, with a very concentration on USA, what should you do? Isn't it an idea to try to trade with the BRICS? Their economies are growing fast.

If you want to know more about the economies of the BRICS just let me know below. Tell me what you want to know and if I can I will answer.

If you want to know more about the economy of the USA, I'm building an economic model of the USA. Basically it contains all the relevant data and you can run scenarios on it. You can use it as a way to discuss and analyze the USA economy.

If you want to hear more about that and why that is relevant to you - e.g. why should YOU care about the economy of the USA, let me know below.

Island Wealth