Their bounty was spent gobbling up companies across the global board. These included natural resources, manufacturing, biotech, electronic and software. They are today’s elephant in the economic room. China catches a cold, the world catches the flu.
While other countries economic woes are common place, the United States economy is humming along. This is an anomaly. Questions arise on how our economy has shielded the blow of economic stagnation. It does not seem possible. True that interest rates are at all time lows, oil has imploded, but these circumstances exist in Europe too and their economy is in the tank. Something does not jive hear. Is our government covering something up? That is the question.