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China Can Help Turn Things Around

By Jim Cramer

 About this article:
 Where is there hope? Who could lead us out of this? I know we were first to feel the pain. I know that the Obama government gets that the issue will be Main Street in 2009. It is not clear how they can create as many jobs as they are talking about. We don't need more cars, especially after Toyota Motor reported a loss, which is really the sign of a worldwide recession if there ever were one. The Financial Times comes out today and talks about how Tata Motors has to bail out Jaguar. I can't believe that General Motors still has a stock that trades, although the bailout doesn't crimp the equity. All of these car companies sell many cars here and continue to flood our ports with more of them. We can't put more people to work in housing. Bailing out...

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