Headlines around the world this week trumpeted a watershed moment - TopicsExpress

Headlines around the world this week trumpeted a watershed moment for the global economy. As the Financial Times put it, “China poised to pass US as world’s leading economic power this year.” This is a startling development – or it would be if the claim were not essentially wrong. In fact, the United States remains the world’s largest national economy by a substantial margin. Read more at: project-syndicate.org/commentary/jeffrey-frankel-pours-cold-water-on-the-claim-that-the-us-economy-has-been-surpassed

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