๐ How global economic power shifted from 1980 to 2025
This chart tracks the worldโs top economies over the last 45 years using nominal GDP. The hierarchy changed a lot, but some patterns stayed surprisingly stable.
The US has remained the largest economy the entire time. GDP grew from about $2.9T in 1980 to over $30.6T in 2025, keeping a clear lead despite cycles and shocks.
China is the biggest structural shift.
๐ Ranked 7th in 1980 with ~$300B GDP
๐ Still outside the top 5 in 2000
๐ Now firmly 2nd at ~$19.4T
Japan tells the opposite story. It peaked in the late 80s and early 90s, briefly closing the gap with the US, then slowed. By 2025 it sits in 4th place.
Europe stayed relevant but stagnant. Germany, the UK, and France never dropped out of the top 10, yet none managed a breakout like China or India.
India quietly climbed the ranks. From under $200B in 1980 to over $4.1T in 2025, now inside the top 5.
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Bank of America now expects the Bank of Japan to hike rates in April, earlier than June.
A 25bp move would lift the policy rate to 1.00%, after Decemberโs rise to 0.75% (a 30-year high).
BofA also forecasts further hikes in Sept 2026 and twice in 2027.
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๐ Feb 15
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Gold exploration hits an unprecedented pause
Crescat says that for the first time in its long tracking history, data shows zero major gold discoveries between 2023 and 2024.
This has never happened before in the recorded dataset.
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๐บ๐ธ Unemployed Americans are taking longer to find new jobs than at any point in the past four years, per FT.
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๐ Feb 15
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Registered silver on COMEX sits near 102M ounces, while open interest in the March contract is about 366M ounces.
The delivery gap is large, even if it never fully closes in practice.
The March contract is now rolling fast. In the last 24 hours:
Open interest fell by 2,943 contracts, about 15M ounces
May contracts increased by 3,589, roughly 18M ounces
At this pace, March open interest could fall to registered inventory levels in about 18 trading days, around March 6. First Notice Day is February 27.
Silver can still move into vaults or be reclassified, but registered inventory keeps trending lower. Even after last weekโs sharp selloff, that trend did not reverse.
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๐บ๐ธ US loan delinquencies are the highest since 2017, driven by low-income and young borrowers.
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๐ Feb 15
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๐บ๐ธ U.S credit card debt hits $1.28 trillion, highest level recorded in history.
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๐ญ๐ฐ Hong Kong to allow crypto perpetual contracts to professional investors.
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US unemployment rate will be released at 8:30am ET today.
Expectations: 4.4%
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European Parliament approves โฌ90 billion loan for Ukraine for 2026โ2027.
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Financial World Updates
US unemployment came in at 4.3%
Expectations: 4.4%
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๐บ๐ธ TRUMP:
โGREAT JOBS NUMBERS, FAR GREATER THAN EXPECTEDโ
โWe should he paying the LOWEST INTEREST RATEโ
๐ฅซ t.iss.one/FinancialWorldUpdates
โGREAT JOBS NUMBERS, FAR GREATER THAN EXPECTEDโ
โWe should he paying the LOWEST INTEREST RATEโ
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President Trump signed the 'Ending Improper Payments to Deceased People Act' into law
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๐ฌ๐ง UK Supreme Court rules 'oat milk' cannot be advertised as 'milk.'
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