December 26, 2021 - 6:07am | By Bonnie Amistadi
London -- A new report suggests the world's total economic output this year may surpass the hundred-trillion dollar level for the first time.
The report from London's Centre For Economics And Business Research also says China may overtake the United States as the world's number one economy by sometime in 2030. The report says India's economic growth could place her in sixth place by 2023 ahead of France and the UK. The center's Douglas McWilliams says right now top economic driving countries must contend with a growing incidence of inflation in order to avoid a worldwide recession in 2023 or 2024.
