China's Economy To Surpass The U.S. In 2016?

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. Brett Arends looks at the implications for the U.S. dollar and the Treasury market.

IMF Bombshell: Age Of America Nears End -- Market Watch

Commentary: China’s economy will surpass the U.S. in 2016

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.

Put that in your calendar.

Read more ....

More News On The Rise Of China's Economy And America's Decline

The Age of America ends in 2016: IMF predicts the year China's economy will surpass U.S. -- The Daily Mail
IMF Predicts Chinese Economy to Surpass U.S. in 2016 -- FOX News
China to lead world economy -- The Age
What does it mean that China's economy could surpass U.S.'s in 5 years? -- Cafferty File, CNN
China’s rise, America’s demise -- Financial Times
Politicians cause of economic woes -- Sam Makinda, Business Daily

My Comment: In this report, the IMF is also making the prediction that the U.S. will also be experiencing significant growth .... a prediction that I am very skeptical with. But even with hic-ups along the way, the future trends are obvious .... China will be the number one economy in the world. But once this happens, I will also predict that it will only be a matter of time (one or two decades away), before China's military will equal (or surpass) the American levels .... and on that day we will be living in a world that is not as stable as the one that we in the West have grown accustomed to.