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Monday, April 25, 2011

IMF bombshell: Age of America nears end

IMF bombshell: Age of America nears end Brett Arends' ROI - MarketWatch: "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."

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