Analyst Predicts China Could Overtake US Economy Within Decade, Causing Dollar's Demise
• China projected to overtake US as world's largest economy within a decade, leading to collapse of US dollar according to analyst Richard Bove
• Bove predicts catastrophic decline of dollar with China's ascendance, despite short-term positive signs for US economy
• Bove a controversial figure - known for outlandish predictions and criticism of mainstream finance views
• China recently suffered major economic blow with collapse of Evergrande real estate firm
• US economy outpaced expectations in latest GDP report, but Bove forecasts dollar's demise in long run with China's rise