Economic Crisis

[jpantalleresco]

Forewarning: This is a political/economical blog. Someone may even label this conspiracy. That said, I suggest reading it entirely before jumping to conclusions. Or if you don't even want to take the risk, skip this blog

Comments

[4am_thoughts]

China does not have the greatest economy in the world, it has one of the largest rich-poor gaps in income per capita.
...
that means that rich people in China are incredibly rich, and poor people in China are unbelievably below the poverty line.
Although, that percentage of incredibly rich people is under 10 percent...
and they own 90% of the government...

But yeah, I guess if you put one leg in fire, and one leg in freezing ice water, critics would probably say that your average temperature is fine too :).

[jpantalleresco]

I said strongest, not greatest. They manufacture and produce almost everything, and when you get right down to it, that's the true measurement of wealth. They ran a trade surplus of over 40 billion dollars at the end of 2008, long after the commodity bubble burst in the world