Tuesday, April 26, 2011

China economy to outpower the US

From: RTAmerica | Apr 25, 2011

The IMF predicts that economic dominance by the United States will secede to China in 2016. As the buying power of the US bill falls and Standard & Poors downgrades the American dollar, what explanation can we come up with for the comeuppance of this currency collapse? Max Fraad Wolff of The New School explains the trends that are helping lead to this collapse.


No comments:

Post a Comment