11 Oct 2010
The recession was made in China

Interesting point, highlighting Chinese government intervention in the market to skew things their way. Imagine that.

We all can see the responsibility of Wall Street and the U.S. mortgage market for today's global recession. Yet behind both is a more fundamental cause: China's financial rise. As much as the products in the aisles at Wal-Mart, this recession was made in China.

(link) [CNN]

21:34 /Politics | 0 comments | permanent link