Tuesday, July 5, 2011

China, India Poised to Overtake U.S. in Just 9 Years

New studies show that China and India will overtake the United States by 2020 - that's just 9 years away. In fact, China could pass the U.S. by 2016!

India will then overtake China - but that could take another few decades, leaving the U.S. as the third largest economy in the world.

Bottom Line: We have a LOT of work to do. Cutting debt will not win this race; Only investments in technology leadership will.
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