Hmm, we, the US, are looking for more ‘bailout’ money; China looking to ‘bailout’ the EU.....I know which one will collapse first. /s =.=
Probably both of us will crash...who will buy China’s stuff?
Well we are still bailing out foreign banks in addition to the fact that we paid huge amounts into the IMF and the Fed continues to monetize our debt and that doesn’t appear like it will be stop doing that anytime soon it may be a toss up...
The New Voting Members of the FOMC
http://www.economicpolicyjournal.com/2010/12/new-voting-members-of-fomc.html
Fed throws euro banks a lifeline
http://finance.fortune.cnn.com/2010/12/21/fed-throws-euro-banks-a-lifeline/