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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.850.0%Nov 20 4:00 PM EST

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To: Maurice Winn who wrote (76211)7/11/2011 7:20:28 AM
From: elmatador  Read Replies (3) of 217906
 
Fast Forwading China's takeover. The moment of truth seems to be coming closer by the minute. China will become the world's largest economy by 2050, according to HSBC. No, it's 2040, say analysts at Deutsche Bank. Try 2030, the World Bank tells us. Goldman Sachs points to 2020 as the year of reckoning, and the IMF declared several weeks ago that China's economy will push past America's in 2016. There's probably someone out there who thinks China became the world's largest economy five years ago.

online.wsj.com

It is funny the reasons for China's problems. It disregard the fact that a country going into the economic front, have lots of internal issues to deal with:

US as it surpassed Europe, had Mafia, Robber Barons, conglomerates to be dismantled.
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