Western world
Global economy of the future: where will the U.S. fit in?Posted by RJ and Makay on Feb 28, 2011 |
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Citigroup economist Willem Buiter is calling it: By 2020, less than nine years from now, the U.S. economy will slip from #1 in the world to #2. By 2050, it'll be #3.
"China should overtake the U.S. to become the largest economy in the world by 2020, then be overtaken by India by 2050," Buiter predicts. Nevertheless, his global economic projections suggest that generally good times are ahead.
