Monday, April 27, 2015

Elizabeth Chun Q6/Q2

What I found most interesting about this chapter was the relationship between China and the United States and how the United States is doing the opposite of saving and just importing much of what we need from China. In return, China exports a lot Of what they produce to the United States. Although this works now, it worries me that the United States is doing the opposite of saving (dissaving as said in the book). It makes me wonder if the state of the economy here in the US will still be healthy in the near future or if we will go into am economic crisis like many other countries discussed in this chapter.

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