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2011-01-23 — blogspot.com
Rogers compares China to the US but fails to point point out (figure out), that one reason the US was able to grow fast was cheap oil prices. Other factors supportive of growth are strong personal property rights and a rule of law. More on the great China debate... "deflationist" Mish vs. "inflationist" Rogers. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |