Rupert Murdoch Talks Tea Party, The Rise of China, and 'Avatar'

What was really scary was when Larry Summers said [that] when we look back [from] the end of this century, people are not going to talk about this recession. Their going to talk about the rise of China. And how in the last 100 years or so, the standard of living in America has doubled every 30 years. In China, it’s doubling in less 10 years, every ten years.