Dispatches from China

America needs to prepare for multi-polar economics

I recently had a discussion with some Chinese economists and political scientists about when the economic crisis would end and what the relationship between China and the United States would be after the crisis.

In terms of the when the economic crisis will end, after reviewing all the data, I computed a number out 26 decimal places and then added 20-percent for safety. My answer was 18 months after the credit card companies come clean about their losses and there have been enough jobs created to reverse the downward economic spiral. My Chinese hosts thought three years. Of course, we were all just guessing.

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