The United States vs. China.

• Author: Druckenmiller, S.

Long-term, I think Asia is going to be an outperformer, their equity market versus the United States and especially their currency market. Again, China has done virtually no quantitative easing during the last two years, while our QE-to-GDP ratio has jumped something like 14 percent. Their real yields are higher than ours. They continue to run a...