I don’t agree with you.
China has now passed America, as the world’s champion exporter.
We still import more though. A good portion of which, comes from ... China.
China is winning.
We still import more though. A good portion of which, comes from ... China.
China is winning.
Yes, WE should be the biggest exporter in the world, because it's really great to be sending your stuff to other people instead of taking their stuff. China is winning like Charlie Sheen.
You are free to disagree. However, their housing bubble will make ours like a miniscule correction. They define GDP in a way that is downright moronic.
That is the reason they build entirely new cities that remain unoccupied. Then they continue to build, putting phony numbers out there in regards to their builing “boom”.
America’s biggest problem is that when China falls apart they will call in their debts.