Phil Mullan: China has Been Keeping the US Afloat
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Phil Mullan: China has Been Keeping the US Afloat
Phil Mullan: China has Been Keeping the US Afloat The Institute of Ideas - London, U.K. Economist and business manager Phil Mullan says don't blame China. Mullan says China has been keeping the US afloat, but text book economics says rich countries are supposed to support poor countries not the other way around.Mullan says "America is the most indebted country in the world," but "presumes to be the world's economic leader," and has an economy based on "fictitious capital values."
Submission | November 19, 2008
