Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Free
Message: Re: Is CHINA overheating?

Apr 16, 2010 06:56PM

possibly ... that can happen during the industrialization process .... is it a bubble ... not when you can afford to continue ... B of T surpluses go a long way to support that ... not when you can legitimately adjust your fiscal and monetary policy to change the behaviour causing the overheating.

China is not irrationally exuberant unlike the US.

orgy

Share
New Message
Please login to post a reply