January 29, 2009
Beijing rethinks its US investments
Doings in Davos, reported on the front page of the Wall Street Journal. Learn what our friends the Chinese have to say about the U.S. economy and their investment losses.
Is Chinese Premier Wen Jiabao correct in his assertions ? Are our travails the just fruits of an "excessive expansion of financial institutions in blind pursuit of profit"? Or are the Chinese just being prickly about Barney Mae?
The economic collapse story has a lot more chapters yet to be written.
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