Stop Trading!: China 'Gearing Up' for Big Return
China is “probably the best country to invest in right now,” Cramer said during Monday’s Stop Trading!. The Asian giant is far superior to the U.S., Europe and Russia, at least for the moment.
Unlike here in the U.S., China's large unskilled labor force can more easily be put to work. (Can you picture Lehman Brothers' brokers building bridges, Cramer asked?) The government’s cutting interest rates aggressively. Gains made by purchasing U.S. Treasurys have filled the country’s coffers.
As Cramer said, “The Chinese don’t have to print money. They have money.”