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#13 | |||
Navy Seal
![]() Join Date: Nov 2005
Location: Houston, TX
Posts: 9,404
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![]() Quote:
One must also be careful when reading terms like "a rising middle class." It's a very relative term based on what economy you're talking about. Middle class in China was defined by the Asian Development Bank as those consuming between $2 and $20 a day. The international poverty level is $1 a day. Does someone who squeaks by the poverty line by $1 really deserve to be called middle class? I'd wager that this Chinese middle class that's supposed to supplant the U.S. as a consumer is a lot smaller than whatever you're reading makes it out to be. Quote:
I think you have it backwards, as well. As the European debt crisis goes on, investors are turning to U.S. assets. Quote:
I would lose the hyperbole if you wish to make a stronger point.
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They don’t think it be like it is, but it do. Want more U-boat Kaleun portraits for your SH3 Commander Profiles? Download the SH3 Commander Portrait Pack here. Last edited by mookiemookie; 01-20-11 at 10:15 AM. |
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