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| China-Japan-Koreas |
| China's Economy Roars Back, Leaving the US in the Dust |
| 2009-09-18 |
| Posted by:tipper |
| #5 China wouldn't get off scott free, JosephM. Those T-bills, etc are about the solidest thing their economy has. Almost all the manufacturing is connected to the export market, which is pretty shaky at the moment. |
| Posted by: trailing wife 2009-09-18 23:57 |
| #4 WMF > PRINCETON UNIV PROF PERT > iff China decides to sell or otherwise dump its emburdened US T-bills, etc. IT WILL CAUSE SUDDEN AND MASSIVE US BANK + FINANCIAL SECTOR FAILURES, + DESTROY THE US$7.0TRILYUHN US REAL ESTATE MARKET, wid devastating ripple/domino effects across US-World??? |
| Posted by: JosephMendiola 2009-09-18 23:23 |
| #3 Recluse communist governments can always be trusted to mislead the public. |
| Posted by: Mike N. 2009-09-18 22:36 |
| #2 uh huh - transparency in China's economic house of cards....right |
| Posted by: Frank G 2009-09-18 20:09 |
| #1 Where is the demand from? Not US or Europe. Internal demand? Possibly. All though to a large extent it's probably a credit bubble. China banks issued 162 million new credit cards in the first 6 months of this year. |
| Posted by: phil_b 2009-09-18 20:01 |