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  • Why China's Stimulus Plan Will Change the World

    02/14/2009 8:02:17 AM PST · by joeu01 · 17 replies · 1,110+ views
    The Motley Fool ^ | Tim Hanson
    By Tim Hanson February 13, 2009 Brazil's President Lula told his country in September, "People ask me about the [financial] crisis, and I answer, go ask Bush. It is his crisis, not mine." Fifty days later, British Treasury Secretary Stephen Timms told a conference of G-20 nations gathered in Sao Paulo, Brazil: "We are in extraordinary times, the global economy is facing shocks which are wholly without precedent and we need a new approach. … It is a global crisis. It therefore requires an international response." In other words, what goes around, comes around. Global schadenfreude toward a stupid and...