China will overtake the US as the world’s largest economy in five years

To clarify a point I made in a prior post it looks like China will overtake the US as the world’s number one economy in just five years which is a lot sooner than previously thought.  Here’s a good article on the subject from Yahoo Finance.

http://finance.yahoo.com/banking-budgeting/article/112616/imf-bombshell-age-america-end-marketwatch

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