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Strategies & Market Trends : Natural Resource Stocks
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To: SliderOnTheBlack who wrote (23697)4/18/2005 5:54:39 AM
From: croesus1111  Read Replies (1) of 108972
 
More about Slider's theoretical biting China's nose to spite our face scenario: China has a counter move available, which would be biting its own nose to spite the US face--it just needs to slow down its buying of US treasury bills to seriously damage both economies. These economies are too interlinked to bring one down without devastating the other. It wasn't that way with the old Soviet Union. What Slider is really talking about with the US vs China is a potential economic doomsday scenario. I wouldn't put it past the neo-cons to come up with that kind of plan, and even to implement it. But the risk-reward ratio for such a play is absurd.
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