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China would help itself if it focused more on itself. It needs more social equity. The disparity between rich and poor is greater than the US and the rich ones are power hungry, hoarding, and can't spend enough to ever make their economy viable. They need a middle class but that would give away power and speed a move to a real democracy.
Jan 04 03:57 am
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All Comments by Moon Kil Woong »New Economic Order: Same as Old Economic Order [View article]
As for the US new world order, the only real new world order in the last 2 decades has been the last 8 years in which the Bush Administration abandoned any concept of rational financial economic order and embraced havoc, chaos, fraud, corruption, uncontrolled spending, pork belly projects, cuts in education and infrastructure spending, and general lack of caring and understanding about the economy and budget.
I'll take moving to the same old economic world order we had before any day be it a Republican or Democratic one.