I recently checked economic forecasts and interesting things are emerging about the world's largest economies this year. The USA maintains its position as the leader with a GDP of around $31.8 trillion, but it's no longer as obvious as it used to be. China has $20.7 trillion, but their growth is clearly slowing down — just 4% annually, which is the lowest rate in four decades. The problem? An aging population and a real estate market crisis. Meanwhile, India is impressive — $4.5 trillion GDP and has already overtaken Japan. That's where the real action is — domestic demand is driving the economy. Fun fact: Asia as a region has already become the world's largest economy, surpassing North America. Indonesia and Turkey are also starting to grow faster. When it comes to the world's largest economies, it's clear — the shift of economic power from Europe to Asia is a fact. Europe is accounting for an increasingly smaller share of global GDP, followed by the Middle East, South America, and Africa. Interesting times for the global economy.