IMF bombshell: Age of America nears end
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 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.
Read full story here
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