Monday, December 21, 2009
Rich Borrowing from "Poor"?
In "Beijing signals climate concession," (Financial Times cover story, Dec. 14, 2009), Fiona Harvey called China a poor country ("China and other poor countries", parag. 6). In the same sentence she labeled the US a rich country. The US currently owes China $800B. When's the last time you heard of the rich borrowing from the poor?
Labels:
beijing,
climate change,
financial times,
national debt,
poor,
rich,
sovereign wealth fund,
US
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