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Buckshot's Survival Hour

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China may be bigger economy than US within two years http://blogs.telegraph.co.uk/finance/jeremywarner/100008581/china-may-be-bigger-economy-than-us-within-two-years/ Here’s a finding that will have any red-blooded American spluttering into his cornflakes. According to the Conference Board, a highly respected economic research association, China will overtake the US as the world’s biggest economy by 2012, or within two years. We all knew that the weight of economic growth had skewed dramatically since the crisis from advanced to emerging market economies, but many in the West don’t yet seem fully to appreciate the speed with which economic and geo-political power is shifting. This is a truly seismic change. How these once irrelevant economies choose to use their new found power is the overarching question of our times.

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