SEARCH BLOG: CHINA
I have written several times that what we get on the cheap now we will pay for later. These from the BBC:
- China set to be largest economy
- China's trillion dollar surplus
- China growth forecasts rise again
- Profits soar at China's top firms
Oh, an then there is the long-term health of the dollar... what's China to do with $2 trillion... cash?
I hope our children and grandchildren will think we are as smart as some of us do about creating our greatest economic competitor... China.