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Old 10-01-2007, 10:43 PM
Jimbo Jimbo is offline
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Join Date: Sep 2002
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Default Re: Question about US/china relations

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I don't really see how China's economy would 'be destroyed' if they stopped receiving increasingly worthless debt chitties from The US in payment for their exports.


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You are right but for the wrong reasons. Japan is China's major trading partner followed by the EU then the USA. If you think it would't damage their economy severely you are mistaken but these days it likely would not cause a total financial collapse.

Jimbo
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