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China and America : a time of reckoning

Author: Charles E Dumas
Publisher: London : Profile Books, 2008.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
"In the US the current credit crunch is likely to be followed by an economic downswing, led by housing, but with weakened household wealth and confidence prolonging the pain. US policy-makers seem impotent against the backwash from past debt excesses - and much of what the Federal Reserve does simply worsens the problem." "Meanwhile China's explosive exports are feeding through to overheat the domestic economy.
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Additional Physical Format: Online version:
Dumas, Charles E.
China and America.
London : Profile Books, 2008
(OCoLC)609286423
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Charles E Dumas
ISBN: 9781846681554 1846681553
OCLC Number: 213449579
Description: 225 pages : charts ; 22 cm
Contents: 1. China's expansion out of control --
2. Overborrowed America --
3. Central banks fumble --
4. US economic slowdown: house prices sap confidence --
5. Decoupled wishful thinking --
6. The optimistic case: resolving the savings-glut imbalances --
App. The Bill from the China Shop.
Responsibility: Charles Dumas.
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Abstract:

China and America points to the next risks. The current credit crunch is likely to be followed by an economic downswing, led by housing, but with weakened household wealth and confidence prolonging  Read more...

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