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According to the IMF forecast: Whoever is elected the next U.S. president will be the last to preside over the world’s largest economy.
IMF bombshell: Age of America nears end. China’s economy will surpass the U.S. in 2016.
IMF bombshell: Age of America nears end. China’s economy will surpass the U.S. in 2016.
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.
According to the IMF forecast, which was quietly posted on the Fund’s website just two weeks ago, whoever is elected U.S. president next year — Obama? Mitt Romney? Donald Trump? — will be the last to preside over the world’s largest economy.
Most people aren’t prepared for this. They aren’t even aware it’s that close.
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