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Ken Rogoff: China Crisis in Sight
avatar
m*i
2
China will have its share of financial problems. But compare with problems
in US, it is really nothing.
The health care cost itself will kill the USA unless we start some serious
reform. Of course, it will hurt lots of special interest group. I don't
think it will get it done under current system.

pool
financial

【在 c*****r 的大作中提到】
: http://www.businessweek.com/news/2010-02-24/rogoff-says-china-crisis-may-trigger-regional-slump-update1-.html
: People say China "won't have a financial crisis because there's central
: planning, because there's a high savings rate, because there's a large pool
: of labor, blah blah," he added. "I say of course China will have a financial
: crisis one day."

avatar
c*r
3
No matter what, I do not think that China is not yet on the level to be able
to compare (compete) with the States.
How ridiculous to see how Chinese people (in Mainland) believe that
Americans are living in the hell...

【在 m*****i 的大作中提到】
: China will have its share of financial problems. But compare with problems
: in US, it is really nothing.
: The health care cost itself will kill the USA unless we start some serious
: reform. Of course, it will hurt lots of special interest group. I don't
: think it will get it done under current system.
:
: pool
: financial

avatar
m*i
4
Most of the people I talked to in China still still think American is a
paradise.
Actually, Most of the so called middle class basically lives paycheck by
paycheck. Just try to make ends meet every day.

able

【在 c*****r 的大作中提到】
: No matter what, I do not think that China is not yet on the level to be able
: to compare (compete) with the States.
: How ridiculous to see how Chinese people (in Mainland) believe that
: Americans are living in the hell...

avatar
c*9
5
so are the middle class in the USA...
US is not hell but for sure no paradise.
US is not out but going down and china is rising fast.
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