What used to be offensively called the "Third World" (Africa/Asia/Latin America) now produces more total GDP than the "First World" (Western Europe/ US/ Canada/ Australia/NZ/Japan)

What used to be offensively called the "Third World" (Africa/Asia/Latin America) now produces more total GDP than the "First World" (Western Europe/ US/ Canada/ Australia/NZ/Japan) pic.twitter.com/161W329txj

— William Easterly (@bill_easterly) September 10, 2019