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.Will our domestic tweeters shift to using the #SecondWorldProblems hashtag on schedule?
IMF sees China topping U.S. in 2016
According to the latest IMF official forecasts, China's economy will surpass that of America in real terms in 2016 — just five years from now. Brett Arends looks at the implications for the U.S. dollar and the Treasury market.
And it’s a lot closer than you may think.
According to the latest IMF official forecasts, China’s economy will surpass that of America in real terms in 2016 — just five years from now.
Tuesday, April 26, 2011
Ni hao, Second World status. (IMF forecasts it will take five years for China's economy to surpass America's.)
IMF bombshell: Age of America nears end Brett Arends' ROI - MarketWatch:
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China,
economy,
prediction