IMF bombshell: Age of America nears end
By Anonymous — Monday, April 25th, 2011
BOSTON (MarketWatch) — The International Monetary Fund has just dropped a bombshell, and nobody noticed. 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, China’s economy will surpass that of America in real terms in 2016 — just five years from now. Put that in your calendar. It provides a painful... http://www.marketwatch.com/story/imf-bombshell-age-of-america-about-to-e... |