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[TheInvincibleBull]

More fuel for the $CEHD

It’s official: America is now No. 2
Chinese economy overtakes the U.S.’s to become the largest

The International Monetary Fund recently released the latest numbers for the world economy. And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared with $17.4 trillion for the U.S.A.

As recently as 2000, we produced nearly three times as much as the Chinese.

To put the numbers slightly differently, China now accounts for 16.5% of the global economy when measured in real purchasing-power terms, compared with 16.3% for the U.S.
http://www.marketwatch.com/story/its-official-america-is-now-no-2-2014-12-04