Friday, August 7, 2009

New York Times and Wall St.Journal:August 7, 2009

New York Times,August 7, 2009: Concerns about debts in USA and in China as well:

Page A1: Economists see a limited lift from stimulus: jobs report outlook murky!

US Debt Concern was sent on August 6, 2009 in the same rationale.

Page B1,B6:

Loan spree by China ignites fears of defaults. Many economists worry that too much of China's growth was fueled by aggressive state-directed lending that could eventually result in a soaring number of defaults and mounting government debt.

Wall Street Journal,August 7, 2009:

Page A2: Deficit a growing concern for publilc and White House:

Financial markets and Chinese lenders, who finance the deficit, are equally curious whether there is a plan emerging to deal with it.

Comment: Faith, hope and Love of America!

Page A6: Taiwan will tackle budget deficit:

Cross-strait issues are matters of mutual concern: China and Taiwan expect to sign a cooperative agreement. That is the answer to the issues.

Francis Shieh a.k.a. Xie Shihao,a lifelong graduate student to watch the debts to be alerted to folks reading Sino-American economics online with knowledge and wisdom.

Friday,August 7, 2009 at 2.26 p.m.

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