Chimerica - S1.E6 - The Ascent of Money
Since the 1990s, once risky markets in Asia, Latin America and eastern Europe have become better investments than the UK or US stock market. The explanation is the rise of 'Chimerica', the economic marriage of China and the United States. But does it make sense for poor Chinese savers to lend to rich American spenders?
Chimerica - S1.E6 - The Ascent of Money
December 22, 2008
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