China will spend $586 billion in its own economic stimulus plan. [NYT]
More From Consumerist
-
Walmart Pledges To Spend $50 Billion More On U.S.-Made Goods Over Next Decade
-
Report: HSBC To Pay $1.9 Billion To Wash Away Money-Laundering Claims
-
China Smacks Samsung & LG With $35 Million Fine For Fixing Prices Of LCD Panels
-
Office Depot Announces It’s Buying OfficeMax For $1.2B Then Is Like, “Wait, Never Mind”
-
NHTSA Says Automakers Issued 650 Safety Recalls In 2012, Affecting 17.8 Million Products


Gee, wonder where they got all that money from?
Misery loves company.
You now how I know I’m getting jaded? The first thing I thought was “Why would China want to give all their money to Americans?”
so they get like, what, $2 a person?
I wish I got $2! All my economic stimulus at the time went to Exxon’s profit.
I guess the price of rice finally became relevant!
make sure it’s a real money and not printed in backroom sweatshop.
What the MSM hasn’t caught on to yet: If China is going to start spending their surplus money on themselves instead of buying US debt as they have in the past, who is going to buy all the new debt that will be issued to fund all the bailouts? Oops – looks like the US now has the choice between MASSIVE govt spending cuts or printing LOTS of paper money and hyperinflation!!!