Titlebook: China and the Mortgaging of America; Economic Interdepend Helen Thompson Book 2010 Helen Thompson 2010 Asia.China.interdependence.USA.us po

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,Railways and Economic Growth: 1830–70,ing sector, and that more than half of the private sector jobs created since 2001 were in housing or housing-related areas.. Between 2003 and 2005, the growth residential investment was probably the strongest single force in the American economy, running, as Table 4.1 shows, as it did several times higher than overall growth..

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Fannie Mae and Freddie Mac and the Mortgage Boom,ing sector, and that more than half of the private sector jobs created since 2001 were in housing or housing-related areas.. Between 2003 and 2005, the growth residential investment was probably the strongest single force in the American economy, running, as Table 4.1 shows, as it did several times higher than overall growth..

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Conclusions, of China’s GDP. Around 70 per cent of these assets were denominated in dollars.. During 2008, China provided more than 50 per cent of the capital flows required to finance the American current account deficit, and by that year’s end China was holding about twice as many foreign exchange reserves as Japan..