IFRI Study: Europe Fading. The signs were already there, now the alarm bells are sounding.

Europe is predicted to become a second-ranking economic force over the next 50 years, its share of world output almost halving from its current 22-percent share to 12 percent… Even that decline to a 12-percent share of the global economy is based on IFRI’s assumption that Europe welcomes 30 million young immigrant workers from North Africa and the Arab world, to swell its thinning labor force.