Economic growth and investment has shifted considerably towards India and China over the past few decades – that’s no secret. But to what extent is all the hype (ex. the RMB will be the major international reserve currency by 2020) accurate? It’s hard to predict what the future will look like between all the prophecies […]
Decline and displacement by authoritarian China
I saw this article while going through the news this afternoon: IMF bombshell: Age of America nears end And it’s a lot closer than you may think. According to the latest IMF official forecasts, China’s economy will surpass that of America in real terms in 2016 — just five years from now. It provides a […]