Give me your money or else…:

While many debt ridden countries are queuing up in Beijing for the dough, some corners of America are screaming that the Chinese economy is going to bust like the Japanese and the Americans. Would an economy that is going to collapse have the money to offer to the beggars in the queue? For decades, the western countries, including Europe and the US, have been living in great and bountiful times. They were dining and wining in the best restaurants with the best steaks they could buy, on borrowed money and borrowed time. On the other side of the globe, the Chinese farmers and factory workers were working their guts out just to put food on the table and a roof over their heads. Anything extra, any leftovers, will be put into the kitty. The Chinese were not rich, but they did not over spend. They saved every cent possible for the rainy day. The West was a different story. Ther...

Full article: http://mysingaporenews.blogspot.com/2011/10/give-me-your-...

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