lor3nzo
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08:14:32 pm on April 25, 2011 | # |
IMF bombshell: Age of America nears end
Commentary: China’s economy will surpass the U.S. in 2016http://www.marketwatch.com/story/imf-bombshell-age-of-america-about-to-end-2011-04-25
For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China.
And it’s a lot closer than you may think.According to the latest IMF official forecasts published two weeks ago, China’s economy will surpass that of America in real terms in 2016 — just five years from now.
Put that in your calendar.