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Chimerica as economic monster and the 10-10 deal, 10% growth in China and 10% unemployment in the USA.
11/16/2009
Niall Ferguson at Harvard and Moritz Schularick of the Free University of Berlin say giving a peaceful death to this monster is long overdue. Krugman also calls this a world out of balance on the pages of the NYT, November 16, 2009.
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