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So Nobody Has This Economy Thing Figured Out Yet
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We hear about how China's economy will be dominant and will blow the West out of the water. But then you see that the country, already beset by skyrocketing real estate prices, is also dealing with runaway food prices. The government is trying to stabilize prices, using food stockpiles, and is also trying to subsidize the poor. But they don't have a handle on the problem. And they're the ones who are supposed to be the future for all of us. (Los Angeles Times)
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