Head of China’s Sovereign Wealth Fund: “Both China and America are Addressing Bubbles by Creating More Bubbles” → Washingtons Blog
Head of China’s Sovereign Wealth Fund: “Both China and America are Addressing Bubbles by Creating More Bubbles” - Washingtons Blog

Wednesday, September 9, 2009

Head of China’s Sovereign Wealth Fund: “Both China and America are Addressing Bubbles by Creating More Bubbles”


In news of the obvious-but-taboo-to-discuss, Lou Jiwei - the chairman of China’s sovereign wealth fund - recently told a forum organized by the Brookings Institution and the Chinese Economists 50 Forum, a Beijing think-tank:

Both China and America are addressing bubbles by creating more bubbles and we’re just taking advantage of that.

1 comment:

→ Thank you for contributing to the conversation by commenting. We try to read all of the comments (but don't always have the time).

→ If you write a long comment, please use paragraph breaks. Otherwise, no one will read it. Many people still won't read it, so shorter is usually better (but it's your choice).

→ The following types of comments will be deleted if we happen to see them:

-- Comments that criticize any class of people as a whole, especially when based on an attribute they don't have control over

-- Comments that explicitly call for violence

→ Because we do not read all of the comments, I am not responsible for any unlawful or distasteful comments.