A blinding glimpse of the obvious from Vitaliy Katsenelson of Foreign Policy, who observes that China has been lending, well, us, the scheckels to buy their goods, a process which cannot go on forever. What happens next? Vitaliy's not so sure but it can't be fun.
Looks like this roller-coaster named "Recession" might have a few more bumps in it. Hang onto your hat -- could be you'll need it later.
1 month ago