China Performs a Kind of Financial Alchemy
May 19th, 2009 | By Dan Denning | Category: Emerging MarketsWherever we’re going, are we there yet? Nope! But we’re getting there. That is, America is sleepwalking its way into poverty. China is performing a kind of financial alchemy. And Australia finds itself subject to American-style problems, but benefitting from China’s Grand Economic Strategy.