Who Owns Our Debt?
How dangerous is our $14 trillion debt to the financial and national security of our country? Impossible to answer unless you know who owns our debt.
Tags: Andrew Gordon, China, deficit, Insider Fortunes, us debt
Can China Keep On Growing?
China’s growth is still over 9%. That’s outstanding for every single economy in the world but one. Yes, you guessed it, China’s. So when the numbers came in yesterday that China’s inflation had receded to a more acceptable level, to 5.5% in October from 6.1% in September, it was very good news and not just for the giant Asian country.
The US and Greece Have More In Common Than You Think
Of the four biggest economies – the US, China, Japan and Germany – the US is the oddball. The only debtor in the bunch. The other three run huge surpluses each and every year.
Can China Save Europe?
Now that Europe has decided to expand its emergency fund, China is paying a well-timed visit with them to see how they can use their enormous surpluses to help prop up a country or two. Maybe a few banks here or there or, the likeliest candidate, the emergency fund itself.
The 11% Conundrum
Jobs are scarce these days. And that has lead to all kinds of “end-of-America” talk about the US economy.
Especially when compared to China.
Can America Handle China’s Growing Economic and Political Power?
China’s economy will overtake America’s in size by 2016. It’s after the world’s resources across the board to sustain its growth. It houses a mature financial power center in Hong Kong and another that will surpass Hong Kong’s in time, in Shanghai’s Pudong district
Factories In Europe and China Continue to Slow Down With No Relief In Sight
A recession is now inevitable. It was too much to expect China sustaining rapid economic growth in the face of a global slowdown. And China was our last hope…
China Protests Congress’ Move Against Cheap Yuan
Congress is considering a bill today that would allow American companies to seek countervailing duties against Chinese products priced unfairly. The US accuses China of under-valuing its currency by 25% to 40%. Sounds about right to me.
