Detailed text transcripts for TV channel - FOXNEWS - 20110426:14:19:00
Purchasing power, parity, which gives a real, i think artificial boost to the size of the chinese economy, no doubt it is big and getting bigger but it is a long ways from catching up to us and so, in terms of china, itself, it has to yet prove when it hits the wall, as every country does economically from time-to-time, doesn't have the flexibility to -- capability of making enors changes, necessary to surge ahead again and japan is still not really recovered from the debacle of the late 1980s, early 1990s and we have demonstrated the flexibility of recovering from setbacks. alisyn: steve forb...
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