China, the world's greatest manufacturing powerhouse, a nation that has
played a crucial role in keeping the U.S. afloat, is now feeling the impact of
the global economic decline taking hold.
One of the
world's oldest cultures, and the nation which gave us the great learnings of
Confucius and Lao Tzu will now be compelled to absorb the lessons from a world
awash in debt, with many countries struggling to pay their debts. And China must
as well resolve a myriad of internal problems, but these are actions China is
readily capable of doing if it will address its own problems with compassion,
communication and candor.
Dick
To learn more, please see "China Gets Surprise Slowdown," The Wall Street Journal http://online.wsj.com/article/SB10001424052702304203604577396954063628584.html
Dick
To learn more, please see "China Gets Surprise Slowdown," The Wall Street Journal http://online.wsj.com/article/SB10001424052702304203604577396954063628584.html
1 comment:
As the poet Jim Morrison said, "No one gets out alive". The world economy is so interconnected that contagion spreads quickly.
The printing of paper in the US, Japan and soon Europe will also spread inflation across the world...
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