Report: China, India to Overtake U.S. Economy

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Our children and grandchildren will live in a vastly different global economy China and India have ramped up investment in public education, increasing high school attendance and graduation rates. Someday, U.S. economic dominance will be a distant memory. A new report is showing just how soon that might be. The paper, from the Organization for Economic Cooperation and Development, a European-based think tank, shows that over the next 50 years, the size of China and then India’s economies will surpass that of the U.S. [READ: An Extremely Simple Explanation of the ‘Fiscal Cliff’] According to the report, the global economy is expected to undergo seismic shifts over the next 50 years. China…

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