You are absolutely correct:thumbsup: Most analysts project the the torch to be passed somewhere between 2015-2025 at the latest.

There are only two possible ways, one being to more than double their population, the other by merely improving their production efficiency by about 20%.

China has just unleashed a stimulus package, in terms of % of GDP, would be roughly equivalent to the initial US bailout package.

China: ($586 billion) / ($10.7 trillion) = approximately 5.5% of GDP

US: ($13.3 trillion) * (.055) = approximately $732 billion

What this suggest is that China, in the upcoming years, will greatly improve production efficiency, by upgrading their infrastructure, and providing more growth opportunities for their citizens with this stimulus.
GoldenBoy812 Reviewed by GoldenBoy812 on . obamaconomics WOW! that was a great party...now that the celebrations are over, it is time to get back to reality how the hell is obama going to manage the fiscal emergencies facing the usa? on the revenue side: - increased taxes on people making over $250,000 doesn't kick in until the bush tax cuts expire in 2011(?) - the recession is going to cause a general decrease in tax revenues on the expense side: - obama is stuck with the $700 billion bailout package he supported but will have limited Rating: 5