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View Full Version : Crisis of 2012 May Hurt China More Than U.S.: William Pesek - Bloomberg



NewsWhore
10-25-2011, 03:20 PM
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Crisis of 2012 May Hurt China More Than U.S.: William Pesek (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE4HrNKcwdFOhnxx5yfwsBB0TQwwQ&url=http://www.bloomberg.com/news/2011-10-25/crisis-of-2012-may-hurt-china-more-than-u-s-commentary-by-william-pesek.html)
Bloomberg
By tying itself to the dollar and amassing more than $3 trillion of currency reserves, China essentially merged with the US financial system. When the Fed pumps money into the economy, it inflates China more than America. ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dF2MZZJsEL1-63M)


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