From Bloomberg:
Michael Milken, the controversial financier and philanthropist, said China will overtake the U.S. economically this century, though for now the U.S. should concentrate on Mexico.
“Our projections show the United States will be the world’s second-largest economy and India will be the third,” some time this century, said Milken, chairman of the Milken Institute, an economic research group in Santa Monica, California.
“The most important country in the short run to the United States, however, is Mexico,” Milken, 60, said in an interview to be broadcast this weekend on “Conversations With Judy Woodruff,” a Bloomberg television program. [Full Text]
