Am very sure that when it comes to economy, the world believed that US is the first followed by China, India and Russia and these are the same countries we know doesn't aligned well with the US government and policies in global settings and world standards, BRICS in particular to cover the remaining countries.
Trump said India and Russia are operating a dead economy, but I can't still understand what a dead economy interpret in this context, maybe they should have advanced more than where they are or a kind of attack intimidating on their current level of economic advancement, while for sure, India and Russia are fast growing economy and part of what we could call a threat even to the US both now and the future, not to even consider for China and others.
This is an economic discussion and not intended to attack or speak against anyone, drop your opinion on how US, India and Russia economy has been far fetch before then and now, let's discuss about the economy growth and developments and not political attack please.
You can hear what Trump had to say about Russia and India economy.
https://x.com/WatcherGuru/status/1950772923662565523?t=I53mPF4Uqx1tdgPq8rB4wg&s=19 The US's position in the Global Economic Rankings remains the world leader based on nominal GDP, with an estimated value of around US$30.5 trillion in 2025.
https://netvaluator.com/en/top-10-countries-with-the-highest-predicted-gdp-in-2025/Although the United States dominated world trade for decades, China has finally overtaken the United States. China is now moving to displace the dominance of global financial institutions like the IMF and the World Bank by actively providing infrastructure loans to many developing countries, using the yuan as a means of allowing dollars to flow into China.
But it's not just the data on paper, what keeps the United States economy in the lead is its hegemony and dominance in global politics and the world's macro economy. Starting with military dominance, a country can hardly build an economy without guaranteed security and defense. Clearly, America still reigns supreme in military dominance. Its military-industrial complex contributes nearly a quarter of the country's foreign exchange. In terms of military budgets, even the countries with the largest military budgets combined still can't surpass the United States.
Next is the dominance of the dollar as a currency. The US dollar is the foreign exchange reserve of the majority of countries worldwide. 80% of global trade transactions still use the dollar. The swift code banking system still uses the American network. Trump's sentiment towards BRICS is not due to trade or tariff issues but the dedollarization agenda promoted by Russia and China.
Data currently indicates that the US remains the leader with nominal GDP and PPP GDP significantly higher than India and Russia. Going forward, even if India maintains its rapid economic growth, it will still struggle to overtake the US. Meanwhile, Russia, looming over sanctions and military action, will struggle to displace India. Ultimately, India will only challenge the United States with its demographic dividend, digitalization, economic reforms, and increased service exports. India will remain a middle-income country, despite its large overall economic size. Meanwhile, Russia, with stagnant economic growth and vulnerable to sanctions, is unlikely to advance unless it diversify its economy and restructure its geopolitical policies and geostrategic diplomacy.
https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD