If we do not change, I predict that by the year 2002, Vietnam will overtake us.
More accurate are the opinions of those who believe that without a more serious intervention from the Fed, which can only mean another round of quantitative easing (QE III), the current quasi-recovery will soon fade and the tides of recession will overtake us once again.
FORBES: Fed Is Killing The Recovery With Quantitative Easing
And the OECD predicts that China will overtake the US in the next few years.
China and India will account for half of this incremental demand and together will overtake the US as the largest market.
Apple expects China to overtake the US as its biggest sales market, the company's chief executive has told China's state news agency.
Asked when China is going to overtake the US as the world's biggest economy, he says the ability to predict such things has been terrible in the past and not any better now.
The US will overtake Saudi Arabia as the world's biggest oil producer "by around 2020", an International Energy Agency (IEA) report has said.
The US will overtake Saudi Arabia as the world's biggest oil producer "by around 2020", an International Energy Agency (IEA) report predicted at the end of last year.
The IEA also expects that the US will overtake Russia as the world's biggest gas producer by 2015, again thanks to fracking, which can also be used to extract natural gas.
In fact, the International Energy Agency (IEA) has said it expects the US to overtake Russia as the world's biggest gas producer by 2015 and to become "all but self-sufficient" in its energy needs by about 2035.
If numbers for its civilian staff were known, it is possible the Chinese could come much closer to the US, and maybe even overtake them.
The 10-place grid penalty in China was very difficult as it's a hard track to get close to people and overtake so, in many ways, I knew that was going to hurt us.
But repositioning the US for the 21st Century is a work in progress, and events always overtake plans and strategies.
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