Asia Surpassing U.S. in Global Growth

News Type: Event — Seeded on Fri Oct 19, 2007 10:48 AM EDT

Article Source: Bits of News

business, economy, china, asia, debt, imf

U.S. consumption financed by debt is declining along with the value of the U.S. dollar. The IMF World Economic Outlook shows that both China and India are now contributing more to global growth than the U.S.

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Asia Surpassing U.S. in Global Growth

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