Posts are in English and some in Dutch. Een blog over de Beurskrach in 2008/2009, de financiële markten en de recessie. About the Stock Market Crash, the downturn, the recession, the follow-up and the World Economy.
Friday, December 26, 2008
Chinese Savings Helped Inflate American Bubble
The Reckoning Chinese Savings Helped Inflate American Bubble (Permalink New York Times) By MARK LANDLER Published: December 26, 2008 China, some economists say, lulled U.S. consumers and leaders into complacency about their spendthrift ways.
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