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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (511)8/27/2003 12:38:37 AM
From: BubbaFred  Read Replies (1) of 6370
 
It's a win-win situation for China in any case. Even if China revaluates the currency, it's still the lowest producer in the world. China can shift some of the industries futher inland where the cost of living and wages are lower than along the coastal cities. It should proceed according to China's nationwide development, slowly but surely.

I think US wants to reinflate big time, and cheapen the value of US debts and make American retirees with fixed income join the poverty level. If this happens most of the baby boomers will not and cannot afford to retire for another 10- to 15- years. I can smell a vicious stagflation - low economic growth concurrent with inflation.
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