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U.S. Will Lose Its #1 Economic Ranking to China by 2030: Study

This article was posted on Dec 11, 2012 and is filed under Press Releases

A new assessment of global trends by The National Intelligence Council predicts that the U.S. will lose its place as the world’s top economy by 2030. If China’s GDP continues growing at its current pace, the republic will become the lead economic power within the next 20 years.

But the study also says China will not overtake the U.S. as the global hegemon. The era of the “one nation to rule them all” mentality will end: for the first time since WWII the U.S. will belong to a multi-polar world.

The study goes on to suggest that a growing political partnership between the U.S. and China will be essential in ensuring global security. China’s military will increase alongside its economy and the U.S. will be forced to relinquish some of its power as the world’s largest military force. It will be up to the U.S. and China to work collaboratively to prevent imminent global disasters.

source: Yahoo Finance

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