Re: You can\'t fool all the Chinese all of the time
[ QUOTE ]
[ QUOTE ]
What are the ChiComs going to do with the dollars if they don't roll their position?
[/ QUOTE ]
Maybe buy up US assets such as property, stocks, commodities? I doubt they'd want to invest those devalued $ in another country with a disadvantage in exchange rates.
[/ QUOTE ]
A couple decades ago people worried about the Japanese doing the same thing. They were buying like crazy in Hawaii and Cali. They owned Rockefeller Center in New York. They sent art prices through the roof. Do you recall how all that worked out for them?
[ QUOTE ]
As for "ChiComms" I don't believe the Chinese are really true communists. Their economy is less regulated and less taxed than The US' economy.
[/ QUOTE ]
Whether or not they are "true" communists is irrelevant. There are still severe limitations on civil liberties in China.
|