Is There More Trouble Brewing in China? [View article]
i suspect the main reason that the Chinese 'stimulus' plan is now being discounted is that it was already in the works long before the world's economies started crashing. it was in response to the earth quakes, you do remember them right? the biggest problem China has is that %37 of their economy is based on the rest of us. and when they fails (and it is) they have a big hole to dig out of. its like the US had %37 of its economy just gone. That would be what, about 5 trillion in a 14 to 15 trillion dollar economy that was just gone? Think we could recover from that?
Is There More Trouble Brewing in China? [View article]