Tuesday, September 29, 2009

Marketplace Report: "China's Economic Numbers Don't Add Up"

Great commentary from San Diego economist Paul Kedrosky on Marketplace:
"It could be that they're made-up numbers, or that massive state intervention has created the first economy in history where growth and energy usage periodically decouple. No one knows for sure, but China's is the most important economy in the world, so you would think more investors would care that its numbers don't add up."

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