Saturday, April 19, 2008

China and USA share the common problems

Sino-American Economics: Wall Street Journal, April 19-20, 2008 page A1:

In Pin Yin: "Youyuzhuangkuang" i.e. gloomy condition: Headlines for China and USA -

In China: Stocks once frothy,fall by half in 6 month. Stockholders who wish to get rich quick but to lose their investment as reported.

In USA: Trapped in the middle - The incomes of most Americans stalled,tackling voter angst in Pennsylvania.

The above is the latest news for both nations to share the same negative happenings.

Francis Shieh a.k.a. Xie Shihao, an octogenarian student of economics in English and Chinese language for enjoyment. April 19, 2008 at 1.52 p.m.

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