Former head of the WORLD BANK.:Asia will beat Americas economy in 2016

The economic shift from the U.S. to Asia and India, could account for 50% of the worlds Gop by 2030. There are 1 billion holding the top amounts of money in the world, middle class and above. By 2030 or sooner there will be 3 Billion holding the top income spots, but 90% of middle class will be Asian and we will harken to their play, according to this expert. I have a hard time believing this as even if economic trends are going downward this way. I dont see China keeping up with demands of an entire world due to the lack of innovation in Manufacturing, education and modernization of peoples. Communization is holding them back, yet repression and education in certain avenues brings about the break down of communism. Information trickles into countries that have been in the communist dark and eventually break if to much of what is possible in the west leaks in. I see these countries doing better than us once an economic collapse happens, but being rich and us groveling in bamboo huts , no. I prefer to think of this as a renaissance that is ripping through asia. Thats they are catching up. In the end, they have taken over already anyhow, everything we watch, use,communicate with,drive and think about is manufactured in some part in Asia. They have done a good job. They know an economy is built with real things you can touch, not electronic numbers and pixels made up of imaginary over extended money. This is an interesting video.