RECENT POSTS
- Why Cramer Likes Select Comfort Over Tempur-pedic Stock
- Lightning Round: Trina Solar, Zoltek, Affymax and More
- To Play Senate Cybersecurity Bill, Cramer Likes Fortinet Stock
- Cramer: 10 Earnings to Watch Next Week
- 2012: The Year of the Stock Picker
- Lightning Round: Yahoo!, CEC Entertainment, Standard Pacific and More
- Cramer: Berkshire Hathaway Is a 'Screaming Buy'
- Kimco Realty CEO on Solid Earnings
- Cramer: Analysts Today Are So Negative
- Perrigo CEO on Earnings Beat
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
New Center of the Universe: China
While the US once may have been the world’s preeminent economic superpower, Cramer said Monday, that’s no longer the case. A certain communist country has proved itself quite adept at free-market capitalism.
China is now far more important to the global economy – and therefore many parts of the American economy and our stock market – than even the US. Investors who don’t fully grasp the Middle Kingdom’s new role as world leader will find it near impossible to make money.
China’s fate has become our own in many respects. The country was financially sound enough to buy trillions of dollars in US debt when we needed it most, which was key to flooding our system with money during the credit crisis. The Chinese also propped up American manufacturing and infrastructure companies, while US banking teetered on the edge of collapse. On the flipside, Lehman Brothers’ demise in September 2008 may have been a low point for our markets, but it was China’s decreased demand for goods and services that eventually pushed us into a depression.
Then again, it was resurgent Chinese demand that lifted the US out of that depression. So the country’s influence just can’t be understated. Joy Global [JOYG
Loading...
()
], Caterpillar [CAT
Loading...
()
], Nucor [NUE
Loading...
()
], US Steel [X
Loading...
()
], CSX [CSX
Loading...
()
] and a host of other American firms all rely on this overseas bellwether to drive much of their business. And the tech sector’s no different. A number of related stocks moved higher when China announced its $40 billion wireless infrastructure build-out.
About a quarter of the world’s population lives in China, and the economy still has plenty of room to grow. Take into account a political system far less susceptible to Washington-style gridlock, and you can see why Cramer wanted viewers to recognize this new economic superpower.
“It’s time to face facts,” Cramer said. “The People’s Republic of China, and not the US, is the most important capitalist country on earth.”
Call Cramer: 1-800-743-CNBC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes
