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View Full Version : Good Article by Roach



06-15-2005, 11:46 PM
explaining the China makers and U.S. spenders. My view is how long will China take IOUs (treasuries) for their products. Be careful who you poke a stick with.

http://www.morganstanley.com/GEFdata/digests/20050613-mon.html#anchor0

A lopsided world economy continues to be dominated by two growth engines -- the American consumer on the demand side of the equation and the Chinese producer on the supply side.