2009-06-10 — bloomberg.com
" China’s property sales and investment accelerated, adding to signs that growth in the world’s third-largest economy is recovering."
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dcd at 01:13 2009-06-11 said:
[size=18:cb526ae703]IF[/size:cb526ae703] - and that's a big "if" - we can trust the numbers, then some might view the Chinese stimulus as a success, figuring that the US must be on the right path. However, it must be noted that China is a creditor nation, funding their growth from excess reserves. The US as a debtor nation can only fund growth from borrowing which must be paid back PLUS interest. That is, IF - another big "if" - the US can find anybody to lend the money. Permalinkadd a comment | go to forum thread
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