Monday, March 22, 2010

Why Experts Say the Chinese Economy Will Be "Run on Lending" for at Least the Next Year

Stratfor reports that Chinese exports have not picked up as expected, or at least hope, so the Chinese bad lending/debt binge is expected to continue for at least the next year.

But never fear, Chuck Schumer is on the scene, declaring the Chinese to be "mercantalists!"

What could possibly go wrong?

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