April 25th, 2011 
Elisheva Wiriaatmadja 
The IMF (International Monetary Fund) just posted probably their most controversial prediction ever on their website which most of the world are not even aware of yet. This organization has actually set a date when the age of America will end and be overtaken by China. This is the first time that the IMF actually puts a time frame on their prediction and therefore this news is like dropping a bombshell. According to their forecast on their website, the age of the United States will end in 2016 when China’s economy will fully take over the might of the American economy.
This would mean that the next president after the 2012 election will be the last President of the United States that will preside over the world’s largest economy. The age of America is coming to an end much sooner than the world had originally projected. This is due the growing concern over America’s national debt and the declining US dollar.
The IMF itself had already warned the United States to derive and implement a “credible strategy” which would solve their rising national debt. But in the meantime, China being the number one country with the most population in the world is improving its populace and accelerating the nation’s economy forward. The US population, compared to China’s is only a quarter the size.
With a remarkable speed, China is about to meet the US economy as the later continues to drop. Dailymail.co.uk writes:
China, on the other hand, has been accelerating towards the U.S. with remarkable speed. Just 10 years ago, the U.S. economy was three times that of China’s.
It’s a staggering statistic, even when taking into account the fact that the U.S. economy has been dropping down to meet China’s meteoric rise.
Although the world is aware that the world’s economic power is shifting from the west to the east, until IMF’s official forecast recently nobody had any clue as how soon the eastern economic power will come to rise, surpassing that of the west. IMF’s prediction that the US will end in 2016 has caught many economists by surprise as most of them has predicted that it will at least survive until 2020.
The forecast was quietly posted by the IMF two weeks ago and nobody noticed it when it did. Somehow the mainstream media overlooked this news or just bluntly pretended that the forecast was not there… until alternative news channels picked it up.
According to the IMF the Chinese economy will expand from $11.2 trillion this year to $19 trillion in 2016. The US economy will rise only to 18.8 trillion from 15.2 trillion. In 2016 that would take America’s share of the world output down to 17.7% which is the lowest in modern times. China’s economy, however, by 2016 would be reaching 18% and rising.
Although naturally all forecasts are fallible, no matter how accurate it may seem in the beginning. But this time the outcome of IMF’s forecast is scarcely in doubt. Brett Arend from Marketwatch.com writes:
This is more than a statistical story. It is the end of the Age of America. As a bond strategist in Europe told me two weeks ago, “We are witnessing the end of America’s economic hegemony.”
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China has entered its 4th Phase of their Global Economic Blueprint and we should all be highly concerned
Although my Swiss S&T Foundation has been warning of the developing economic might of the East and its social and economic effects on the West for two decades now, western economies are now forewarned that China has now entered its fourth phase of its economic blueprint and where the head of the their central bank has advised their government to offload some US$2 trillion of reserves – or in other words US$2,000,000,000,000. Indeed the bank advises that they invest at least this amount of the US$3.04 trillion they presently hold in reserves, into technologies and investments that will enhance the nation’s future prosperity further. Not many economists warned at the start of the 1990s of the dire effects that this massive balance of economic power transference would have on the West and only in relative recent times have they come to realise this (no more than a decade ago). This enormous buying power, that is increasing at around US$200 billion a quarter in further Chinese reserves, will see vast numbers of western corporations and therefore western jobs fall into the hands of the Chinese (and other eastern corporations). This is just the start of the fourth phase of the Chinese blueprint and where China’s ultimate goal is to capture the dominance in global innovation that will provide for them an unassailable lead in global wealth in the 21st century. Our charity has known these facts for years but no western government has taken any notice. Now this sheer complacency on the part of our politicians and industrialists will simply reap absolute havoc on western economies and their people. But the big question is, when will these same pillars of our western establishment realise that the only way to stem this vast economic and social threat to our people, is to develop and put in place the creative infrastructure where all the people’s thoughts can bear down onto this great economic imbalance. Again our Swiss charity has been stating to governments for two decades to implement this world-leading pre-eminent thinking but where again unfortunately, they simply have not listened. For it is the only way to turn the tide and create whole new industrial global bases. In this respect we need the ideas people to be fully harnessed and allowed to flourish. If we do not understand this, we shall simply see over the next two decades a vast unprecedented decline in our living standards. Therefore our politicians have been advised and warned again, but where this time if they do not listen, they will see their people impoverished like never before. Wake up western governments to the realities that reside on the horizon for us all if we do not change our economic thinking radically.
Dr David Hill
Executive Director
World Innovation Foundation