China is currently spending its reserves buying natural resources all around the world that will be needed in the next century.
Meanwhile, the US Government is wasting trillions of dollars of future taxpayer liabilities propping up zombie banks, Fannie Mae & Freddie Mac, and two thirds of the uncompetitive Detroit based U.S. auto industry. Trillions!
Which of these strategies seems smarter to you?
Tag: China Buying Natural Resources