Archive for November 14th, 2007
A Financial Pearl Harbor
“For the United States, a Chinese decision to abandon the dollar would be tantamount to Pearl Harbor without the war. It would represent a challenge to the world’s biggest economy by the world’s fastest growing economy. Millions of people would see their standard of living suffer as a result, and American self-confidence, already shaky, would [...]
Posted: November 14th, 2007 under Op Ed.