Economic Reality

Here's an interesting fact from David Brooks: "(In) the past 11 quarters, the US economy has grown by 20 percent, which is the size of the entire economy of China." - The Chris Matthews Show, July 16, 2006.

With that said, China's economy reportedly grew 11.3% last quarter. Impressive to say the least, but as I've stated previously, expansion of that magnitude will have a natural correction eventually.