A BMW at an auto show in Chengdu, China. Two years ago, economists ridiculed the idea of “decoupling”—that the economies of China and other emerging powers could move independently of developments in the U.S. and other Western countries. The deep... Full Article at Newsweek
I think what is ironic about the US China debt relationship is that the US made the USSR go belly up because we outspent them on military and with them trying to keep up with us, it killed their economy. I am really worried that China is now playing that same role with the US. They will own so much of our debt and we will need them so badly, we will lose our Republic. Something to think about!
Answer by Joeygoat at 4:22 PM on Aug. 5, 2010
Answer by UpSheRises at 4:23 PM on Aug. 5, 2010
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