Wow! After listening to this book, the label "made in China" takes on a whole different meaning. Very informative. The Chinese government finances our debt so we can buy more cheap goods from China. This is a vicious cycle that can not go on for ever. Free trade is not the same as fair trade. The question is, will the US be the loser or will China self implode first?
This audiobook is a MUST for everyone. I knew some of what Mr. Navarro spoke of but I had no idea how far-reaching this has become. Be afraid, be very afraid.
we all at one time or another have wondered if china is going to eat the US economy. At the end of the day, they just might but, this book illustrates all the hurdles they will have to go over to make it happen - and it doesn't look too likely anymore to me. Did you know there is a huge HIV crisis in china? that the pollution and run-off from china affects the weather patterns from LA to Aspen?
in order to have a discussion around china's economy, this book is a must read/listen. I highly recommend it!