CHINA: ‘America Needs To Accept The Painful Fact That The Good Old Days Are Over’

- CHINA: “America Needs To Accept The Painful Fact That The Good Old Days Are Over” (Business Insider, Aug. 6, 2011): China’s official comment on the S&P downgrade was harsh and condescending. Released through Xinhua (via Reuters) the statement condemned America for its “debt addiction” and “short-sighted” political wrangling. “The U.S. government has to come [...] continue reading the breaking news