by Jon S. Strebler
One analyst made the claim last week that we are currently experiencing “the first synchronized global economic uptrend ever". Now, you may have heard that “ever” is a really long time, and as a naturally curious person, I therefore have to wonder if this claim is correct. Unfortunately, there are practical limits to tracing back the history of economic growth worldwide. For example, I’m not going to try to look at how Babylon’s economy meshed with pre-Incan prosperity, the Myceanean age, the Kush kingdom, the Shang dynasty, or standards of living during India’s Vedic period.