For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China.
5 years, and then we will no longer be the dominant economy. Oil won't be traded in USD, international trade wont be conducted in USD and the USD will be worth a lot less then it is even now.
My kids will be 13 and 8 and they will be entering a new world, where the US is sliding towards default, permanent recession and 1 in 5 will be unemployed.
I just have to pray that things don't get as bad as they possibly can. Any chance we can get that balanced budget Constitutional Amendment we need?