Wisconsin Public Radio

Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference


 Clyde Prestowitz giving presentation to CDI...


Steve Olson teaching trade negotiations at the Mekong Institute...


Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

(8/15/11) Business Insider quotes Prestowitz on China's Debt Warning to the United States

China Has Some Chutzpah Warning The U.S. About Its Debt

Ricky Kreitner| Aug. 9, 2011, 11:10 AM

China warning the United States about its mounting debt is like your coke dealer staging an intervention.

Saturday's editorial by the state-run Xinhua News Agency begged the U.S. to confront its "addiction to debts" and "come to terms with the painful fact that the good old days...are finally gone," according to the Associated Press.

But, as Clyde Prestowitz notes on his Foreign Policy blog, China has enabled that mounting debt, and has a material stake in seeing that it continue to increase.

Click here to read the entire article at the Business Insider.

Join our mailing list

Latest Publications

The Betrayal of American Prosperity.

The Trans-Paific Partnership and Japan.

Making the Mexian Miracle.

Industrial Policy and Rebalancing in the US and China.

The Evolving Role of China in International Institutions.


Contact us

Economic Strategy Institute

1730 Rhode Island Avenue, NW, Suite 414 |  Washington DC  |  20036
Ph (202) 213-7051  |  Fax (202) 965-1104  |  info@econstrat.org