Monday, April 25, 2011

Age of Superpower America Ends in 2016


The IMF believes that the Chinese economy will overtake the US economy by 2016. The Chinese should have a much larger economy than the US to provide a decent lifestyle to a billion people. The Chinese government is doing the right thing by their people by providing opportunities.

The question is not whether China is rising or whether the US is declining. That is a given. The question is how quickly will the US decline and what will the decline look like. Will it be a slow affair like Spain and the UK or an implosion like the Western Roman empire?

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