2 ms·
China's errors seem to be ones of engineering: Overbuilding. America's errors seem to be ones of lacking fortitude: constantly increasing over spending. If ne
by econgeeker 15y ago
China's errors seem to be ones of engineering: Overbuilding.
America's errors seem to be ones of lacking fortitude: constantly increasing over spending.
If neither change, china is headed for continued growth and maybe some painful re-allocations of capital, while the US is headed off of a cliff.