Pages

Wednesday, May 13, 2015

Debt: A Real Leak in China's Economic Tub

Is the U.S. Economy Actually Leaving China Behind? (Derek Scissors) from Real Clear World
"U.S. debt accumulation is now slower than China's. Looking further down the road, China's economy is plainly slowing (by any measure), while the U.S. outlook is uncertain. The absolute wealth gap rose despite very rapid Chinese expansion from 2000 to 2007."

No comments: