26 April 2011

World's largest economy no more

The IMF says that in real terms, China's economy will overtake the U.S. in just 5 years.


Rich Rubenstein said...

That's because we spend to much feeding our over blown military economy - www.reasonstokill.com

Karlo said...

I couldn't agree more. And as much as people associate military spending with security, in the U.S. it has nothing to do with security. It's just a handy way to take money from the productive classes and hand it over to those who are nonproductive and have extreme wealth and influence.