[GovernmentIsTheProblem]

This article sounds just like a conversation we had circa 2003 or so.

[elmer fudd]

This article sounds just like a conversation we had circa 2003 or so.

It probably does, but that doesn't make it untrue. China's economy is not natural. It's growth rate, exchange rate, savings rate, state control, etc... are all anomalies and are unsustainable. A couple decades ago people thought the Japanese economic model was superior and that Japan would soon overtake the US as the world's economic power. Then Japan's economy crashed and lingered in near depression for a decade.

[grey_whiskers]

This article sounds just like a conversation we had circa 2003 or so.

That would've been nice, and I trust I may take it as a compliment, but I am rather afraid you are mistaking either your correspondent or the date...

I joined FR in August 2004. :-)

Cheers!