November 23, 2004

Does China Grow At America's Expense?

Morgan Stanley insider warns of impending economic "armageddon" with a 30% chance of slump very soon. Main culprit -- the USA's ballooning current account deficit. China trade is on record to be around -$125 billion dollars for 2004.

Meanwhile China tells USA to stop blaming them for America's problems and to get its house in order!

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