With the continuing economic downturn in the United States, it's hard to tell whether China is a major part of the problem or a central part of the solution, Jerome Corsi's Red Alert reports.
While the Obama administration is preparing to pressure China to stop unfair trade practices, including keeping the yuan artificially low on foreign-exchange markets to boost Chinese exports, California Gov. Arnold Schwarzenegger is courting China to finance high-speed rail in the state as a way to create jobs and possibly keep the state from having to declare bankruptcy.
2 comments:
When I took over CA back in 02, it was the 10th largest economy in the world, now it's 25th. I doubled it. YEAAAHH! I'll be back.
If it was 10th and now it's 25th wouldn't that be shrinking it? dur...
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