When history repeats itself, the first time is a tragedy; the next is a farce.…
Will Pinning the Blame on China Help Correct Global Imbalances? Terry McKinley
US’ propensity to live beyond its means is the central source of the current exacerbated state of global imbalances. Trying to shift the blame onto China serves only to cloud this reality.
China_Global_Imbalances (Download the full text in PDF format)