http://www.ritholtz.com/blog/2009/05/hans-rosling-on-the-rise-of-china/ Thus one asks the question.... If power is money.... And weakness is debt.... Then which country will power the world's future ?
Why china can't invest in their own country? This exactly happened to japan, and caused the lost decade (now close to two lost decades)
Renengen I don't trust academics, except for that Rubini guy, he's not letting go. .......................................................... So true..... Academic types are good for stacking information in the library.... But only tough, street smart players should be allowed to actually use the information in public....in the real world.... You are 100% correct about this.... ie "Globalization is good for everyone"....
Crgarcia Why China can't invest in their own country? ............................................................... Very valid point.... The govt. stacks up money ..... versus being a little kinder to its own.... Human rights versus money ..... Sometimes conflicting objectives remains a big question ? ie a kind dying mother in an emergency Chinese hospital room is denied because cannot present $10..... But because of ie humane denials the govt. is stronger for the majority ?....