(original source USA Today)
“BARRINGTON, Ill. — Hank Paulson, scanning the horizon, sees a day of financial reckoning approaching. But for China, not the United States.
The former Treasury secretary, who was at the helm of U.S. economic policy when the most serious financial crisis since the Great Depression broke, says changes in American banking and government regulation since then have created a more stable system that has stronger ways to respond to the ups-and-downs of a market economy.”
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