Donnerstag, 17. Januar 2008

China And The United States And The Balance Of Financial Terror

China And The United States And The Balance Of Financial Terror - China Law Blog:

"Brilliant (word NOT used lightly) article, entitled, The $1.4 Trillion Question, by James Fallows over at The Atlantic Magazine (h/t to China Economic Review Blog) Thesis is that China has essentially been subsidizing the United States for a long time and the key questions are whether this will continue, for how long, and what mind end it. Conclusion seems to be that it will continue because it is in the best interests of both China and the United States, but some major event might trigger its end."

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