PAUL KRUGMAN: China’s Dollar Trap

Quicklink submitted by Sheila Samples     Permalink
Related Topic(s): ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Become a Fan
  (38 fans)


At www.nytimes.com

the call for some magical solution to the problem of China’s excess of dollars suggests something else: that China’s leaders haven’t come to grips with the fact that the rules of the game have changed in a fundamental way. Two years ago, we lived in a world in which China could save much more than it invested and dispose of the excess savings in America. That world is gone.

Read the rest of the story HERE:

At www.nytimes.com


 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments