Washington Post,May 28, 2009 Editorial on page A18:
China lent it, the United States spent it, is a boiled-down description of the economic relatiionship between the two countries over the past decade. US consumers gobbled up inexpensive Chinese goods, fueling high levels of global growth. The Chinese amassed huge saving, which were in large part used to fund US borrowing. The is not a virtuous cycle, but it is one that became hard to break.
I would recommend "Work and Study Cycle" to enhance productivity through education and training of workers in USA and in China to make constributions as bi-lateral division of labor without any idealogical bent for humanity in globalization.
IMF urges China to take measures to increase household incmes and Chinese would like to take a bigger role in governing the IMF.
Page C8: Spelling Error or Honest Mistake:
"Pickles" Comics: "Sweaty Pie" rather than "Sweetie Pie" to be addressed to the wife who is also elderly. An error occurred!
The wife was addressed as "Angle Face" instead of "Angel Face" as the original intent of the husband.
Well, to err is human and to forgive is divine. That is the line.
In short words via Pin Yin: "Yi yu dao po" with "Yi xiao zhi zhi"
Francis Shieh aka Xie Shihao with Hehehahahoho all the way for fun on Thursday,May 28, 2009 at 11.52 a.m.
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