Roberto Abraham Scaruffi

Wednesday, 19 January 2011


EconomyInCrisis.org - Weekly News Update
Weekly News and Information January 19, 2010
Dependency on China Troublesome
 
by Dustin Ensinger

America borrows about $4 billion per day to finance its budget deficits. Around half of that comes from China.

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China's President is Here - It's Summit Time
by Danny Schechter

The U.S. says it wants more democracy in China but officials like Tim Geithner are upset by the debates taking place there, and pine for the days when they could deal with a dictator like Mao or Deng who, as the New York Times explained, "commanded basically unquestioned authority."

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