By Matt Hern on November 23, 2009
“Chimerica” describes the combination of the Chinese and America economies, which when the term was coined had become the driver of the global economy. In an article in The Weekend Australian over the weekend (21-22 November 2009) authors Niall Ferguson and Moritz Schularick discuss how the past structure of this relationship needs to die a peaceful death for sake of the global economy.
I recommend this article to you if you are interested in how the financial decisions of nations interact and impact on the global economy. (You could call this macro-economics).
Read “Death Throes of A Monster” here. (If that link to the original source has expired read the article here.)
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Posted in Economics |
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