Joseph Stiglitz Interview on China
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1:02:19
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the down turn will be good for China..they have depended on exports... they can turn from exporting to domestic consumption..it would also help countries like the US which could cut the trade imbalance and if they play their cards right they could build factories in the US to help the unemployment situation..China has a large chunk of US industrial manufacturing thanks to Nixon and the corporate elite seeking to destroy US labor and cheap foreign labor
xadam2dudex 7 months ago