Showing posts with label China-US. Show all posts
Showing posts with label China-US. Show all posts

Thursday, February 25, 2010

Rebalancing World Consumption -- China and the US

Yesterday Professor Simon Johnson made a presentation to the US House of Representatives on US Debt to China.  Johnson is one of the economists I read regularly, and with whom I usually agree.  For those who have the time I recommend you read his blog referenced above.  If not, here is a summary (italicised below) with my own comments.