“The tallest building in the world is now in Dubai, the biggest factory in the world is in China, the largest oil refinery is in India, the largest investment fund in the world is in Abu Dhabi, the largest Ferris wheel in the world is in Singapore.” ~ Fareed Zakaria
By Catherine Austin Fitts
Consider this a flashing sign that says: Pay attention, pay attention, pay attention!
Understanding the evolution in the US-China economic relationship now underway is essential for understanding the North American and Asian economics and their role in the global financial system.
Best source: Steve Roach’s book Unbalanced provides the framework to put the ongoing announcements and events in context.
Related Reading:
U.S. and China Agree to Tariff-Free Technology Trade
U.S. and China Reach Climate Accord After Months of Talks
Special Report: Stephen Roach – Seeking US-China Balance
China Opens Doors to Foreign Investment in Stocks