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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: CommanderCricket who wrote (42280)4/20/2005 8:04:21 PM
From: Think4Yourself  Read Replies (2) of 206160
 
Not suggesting the Yuan will rise, only that the dollar will fall. That's not the same. China will sell dollars. That will cause Japan to sell dollars. That will cause all of the other Asian pegs to fail and those countries will sell dollars.

I am also talking about our economy going into recession, not the Chinese economy. I do believe if one goes then the other will go, and probably the Japanese economy too

What if China and Japan start selling all the T bills they have been buying, supporting our deficits, and selling those dollars as well? That's over a trillion dollars between them.
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