Chimerica

Chimerica
 n.Gloss: The symbiotic Chinese-American financial relationship, in which there is a great trade imbalance as Americans save little and buy lots, and there is a great investment in American Treasury bills and the dollar by the Chinese. «For decades, a similar relationship between the U.S. and Japan created great imbalances; the curious China-U.S. symbiosis that the economic historian Niall Ferguson calls Chimerica has compounded these.» —“Hope, thrift and stimulus” Globe and Mail (Toronto, Canada) Jan. 9, 2009. (source: Double-Tongued Dictionary)

Join the discussion

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

So Cute, It Wouldn’t Hurt If I Put It in My Eye

In Japanese, an irresistibly cute baby might be described with an expression that translates as “Even if I put it in my eye, it wouldn’t hurt.” It’s a form of what psychologists call cute aggression, or the overwhelming urge to squeeze, crush, or...