27 August 2009

Satyajit Das - China Syndrome ~ LNL audio

LNL's financial crisis analyst explains how the Chinese economic growth model developed under Deng Xiaoping, and the way China used its export income to invest in US dollars and US Treasury bonds. This meant that by the beginning of the 21st century China was effectively providing the funds for Americans to purchase Chinese products.

http://mpegmedia.abc.net.au/rn/podcast/2009/08/lnl_20090826_2205.mp3

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