Wednesday, October 8, 2014

China Dethrones US

According to the IMF, China's GDP will outpace the US in 2014:

http://www.csmonitor.com/USA/DC-Decoder/2014/1008/Why-China-will-unseat-US-as-world-s-largest-economy-by-year-s-end


And keep in mind that much of theirs is based on manufacturing, while much of ours is based on the finance, insurance, and real estate sectors.

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