Tuesday, April 26, 2011

IMF bombshell: Age of America nears end?

republican Democrat ruling elite disregarding the interests of The USA, thus deindustrializing, impoverishing the country, making it dependend on foreign countries. Investing abroad.

Why?
To make more money short term quicker.

Oil cartels Usa overcharging strongly for gas, using as excuses wars started by them.
Ruling corporations are actually profiting from interest from plunging Usa into deficits and debts.

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

According to the latest IMF official forecasts, China’s economy will surpass that of America in real terms in 2016  - the Chinese economy will expand from $11.2 trillion this year 2011 to $19 trillion in 2016.

Meanwhile the size of the U.S. economy will rise from $15.2 trillion to $18.8 trillion.

That would take America’s share of the world output down to 17.7%, the lowest in modern times.
China’s would reach 18%, and rising. 

Just 10 years ago, the U.S. economy was three times the size of China’s.

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