Ray Dalio sees a pattern that shows China killing America’s economy. This 2,000-year chart explains why
By Nick Lichtenberg
May 1, 2026
For roughly 1,800 years, the world’s largest economy sat somewhere along the Yangtze River. A new chart from the Bank of America Institute — spanning 2,000 years of global GDP data — shows that America’s moment at the top wasn’t destiny. It was an accident of history. And it’s ending.
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