China is trying to develop its domestic demand. - Comment - Israel News | Haaretz Daily Newspaper
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    • Craig
    • 19.09.11 | 17:37 (IDT)

    Agree that the unholy economic tie between China and US presents both countries with big problems, but at least China has the option of looking towards its own substantial domestic market. Don't know where the US is going to get its money to pay its debts if China backs out. What will happen to the US if the greenback falls as an international standard? As for the Saudis, it is not in their interests for the Israeli/Palestinian conflict to fester on; not because the various Saudi kings and princes have any concern for the plight of the Palestinians or any sympathy for the spead of democracy within ME, but the region is unstable enough and the Saudi people will not accept the continuing occupation and humiliation of the Palestinians. Domestic concerns matter and the Saudis don't have to do much to cause problems for the US economy.

    from the article: Abbas predicts 'very difficult' time for Palestinians after UN bid
    First published 10:26 19.09.11 | Last updated 10:26 19.09.11
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