Friday, December 02, 2011

China, in the path of US

Books of Account
A Contest for Supremacy
Aaron L. Friedberg
(http://www.wwnorton.com/)

Blueprint of the China edge

Do you see a silver lining in the 2008-09 financial meltdown? The answer of Aaron L. Friedberg is in the affirmative because the crisis forced Americans to alter their spending habits and has produced at least a temporary jump in personal savings, as he reasons in ‘A Contest for Supremacy: China, America, and the struggle for mastery in Asia'.

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