Interesting article i never thought of China going into a recession because of a lack of consumer spending by America,but i guess it can happen.
fishman3811 Reviewed by fishman3811 on . China's Paper Feet By KENNETH COUESBOUC Over the past twenty years, China has applied the ideal model for the accumulation of capital. A model inaugurated in modern times by England during the industrial revolution, when the cotton-mills put out of work the millions of Indians who were spinning by hand, as had their ancestors since prehistoric times (cotton was originally cultivated in the Indus valley). A model that can counterbalance for a time the inherent contradiction of capitalism, by exporting Rating: 5