The IMF better know as the International Monetary Fund has forecast that
the end of the “Age of America,” will happen in 2016. Yes, the IMF predicts that China’s economy will overtake and surpass the United States in 2016. The reason that they believe this will happen is because of America’s inability to get its fiscal house in order.
I don’t know – do you think it’s that little pesky problem of the $14 Trillion dollar debt that we have ? No, it can’t be that. What’s wrong with the government “spending” $14 Trillion dollars more then the “revenue” that they take in.
Get serious, who balances a checkbook these days ?