China to Surpass USA GDP in 2020

[_Kevin Graham]

Holy crap, can you imagine the blowback on the Trump administration if this happens under his watch after all his bluster about sticking it to China? Then China overtakes USA for the first time ever as the world's largest economy?

Making America Second Place Again!

U.S. economy could slip from top spot in 2020 and keep slipping, analysts say

America’s days as the world’s most powerful economy are numbered, and when that torch is finally passed, it’ll be tough to get back, according to a recent report.

In our call of the day, Standard Chartered predicts China’s GDP will overtake the U.S. next year. What’s more, within another decade, India is pegged to push the U.S. further down the list:



“The global middle class is at a tipping point,” writes Standard Chartered researcher Madhur Jha in the report. “By 2020, a majority of the world population will be classified as middle class. Asia will lead the increase in middle-class populations even as middle classes stagnate in the West.”

While the shake-up has been a long time coming, the hand-off could actually take place under Trump’s watch. Can’t wait for the tweet.

[_Kevin Graham]

No comment ajax? Your boy is failing miserably here on his promises.

[_EAllusion]

On a per capita basis, China's economy should be more than 4 times the size of the US's. It's got a long to way to go to even ballpark the efficiency of the US. I worry that people are and will continue to draw the wrong conclusions about the Chinese model of economic growth.