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( wp_postmeta.meta_key = \'the_author\' AND wp_postmeta.meta_value = \'1154206\' )
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( wp_postmeta.meta_key = \'secondary_author\' AND wp_postmeta.meta_value LIKE \'{0492bc9fe6b26651d898d2621695d9b3c696b3eef5ae389772978daeb28dd528}\\"1154206\\"{0492bc9fe6b26651d898d2621695d9b3c696b3eef5ae389772978daeb28dd528}\' )
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GROUP BY wp_posts.ID
ORDER BY wp_posts.post_date DESC
LIMIT 0, 6'
America’s Addiction to Asian Credit
Asian central banks have been financing America’s $500 billion current account deficit mostly via the purchasing of US Treasuries. To get a better grip on this number, try to understand that America needs $1 million of Asian capital every minute in order to maintain its current standard of living.
October 12, 2004
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