The title is a column from Pepe Escobar, strategic-culture.org, May 5, 2020 (Creative Commons w/ attribution) (h/t: open-thread commenters at MoA) Please consider this by way of a PSA, as my grasp of the subject is minimal.

‘A new, radical paradigm shift is in progress. The U.S. economy may shrink as much as 40% in the first semester of 2020. China, already the world’s largest economy by PPP for a few years now, may soon become the world’s largest economy even in exchange rate terms.