Good news from a recent IMF report.

If you look solely at the gross domestic output of the U.S. and China using current exchange rates, you wouldn't see this coming. That's because China works hard to undervalue its currency.
The IMF analyzed something different: "Purchasing power parity." Or, the amount people earn and spend in their economies.
Using this yardstick, China's economy is set to zoom from $11.2 trillion this year to $19 trillion in 2016 surpassing the U.S. The U.S. economy will rise as well in that period, but only from $15.2 trillion to $18.8 trillion. The U.S. portion of the world economy drops to 17.7%, which is the lowest in modern times.

Good news for the cause as this recent IMF report also shows Free enterprise, Self reliance and Merit are on the run in the United States to the delight of many.

The IMF report comes a few days after Standard & Poor's sounded a warning shot over America's debt status. The U.S. federal debt has hit World War II levels, and Medicare, Medicaid and other entitlement liabilities not faced during the WW2 correction are five times the annual GDP.  Our five year plan looks for this to be at 6 to 7 times GDP by 2020 to meet the leader’s budgetary goals.

Chinese free enterprise moves of late are working, much to the regret of the faithful. A stiff campaign of propaganda slamming the successful here and abroad should quiet any that might transgress. Federal efforts to socialize the Oil Industry are on schedule and to plan. Our leader has taken the lead on deflecting FED inflationary policy and is searching far and wide for a scapegoat. Rumors of several Oil retailers making profits from their work and effort should make his task an easy one. Keep your chins up, we are winning.
Thanks K. P.