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China to Overtake US by 2025 - Price Waterhouse
http://timesofindia.indiatimes.com/I...ow/2845246.cms
Duck still thinks this grossly under-estimates the size of the problem.
If Bernanke doesn't get his act together it could be as soon as 2010. His mismanagement is about to put the US into a tail spin.
An economy is very similar to a HOTOL rocket engine. Once it stops moving forward, it ability to generate thrust disappears. Wealth is not about how much yellow metal you have stacked up, it is about your ability to generate income.
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Last edited by Rubber Duck; 03-07-2008 at 05:35 PM.
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03-07-2008, 05:29 PM
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