2011 In Context
There are two major trends in place that set the stage for world economics in 2011. The first is China’s continued rise.
Although the U.S. remains the most powerful economic force on earth, China will soon be replacing Europe as the second most powerful economic force. China’s power is not built on sheer size alone: indeed, China’s statesman-like behavior during the current economic crisis in U.S. and Europe has highlighted its maturity and greatly enhanced its image. China’s willingness to bailout Europe and the U.S. through the purchase of bonds is a sign that they are preparing . . .
Continue Reading: 2011 HERE WE COME!
