“Be Nice to the Countries That Lend You Money” - The Atlantic (December 2008)First Faved : Jan 10 2009 by mikeFaved : 1 time with noteViewed : 17 timesFave It!
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- mike - Jan 10 2009 | news, china, finance, james fallows
Interesting interview about China and the current US financial crises.
Quoted: In his first interview since the world financial crisis, Gao Xiqing, the man who oversees $200 billion of China’s $2 trillion in dollar holdings, explains why he’s betting against the dollar, praises American pragmatism, and wonders about enormous Wall Street paychecks. And he has a friendly piece of advice:
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True that... No longer can the ignorant bunch of Americans feel they are inherently superior due to race.