We Need More Imports, Not Fewer: Stimulus Roads All Lead Back to China

by Benjamin Domenech on 9:32 am July 25, 2009

We ought to “spend more on imports.” “China can purchase more industrial machinery, transport equipment, and steelmaking material, which are among its leading imports from the US,” which “would avoid overheating China’s own markets, boost the economy’s productive capacity, and support demand for US, European, and Japanese products just when such support is needed most.”

Previous post:

Next post: