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Politics : Foreign Affairs Discussion Group

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To: Sun Tzu who wrote (169814)	8/25/2005 12:17:29 PM
From: neolib	Read Replies (1) of 281500

About the charts, I think you are talking about this link marktaw.com Yes I noticed. The charts are, imo, very clearly marked. The specific chart that I think you are refering to was in absolute dollar amount. However, below it is the chart according to GDP and in that one China ranks only behind USA. Those articles and charts are worthy of careful study. The chart I was complaining about is 4d, Exports & Imports as a % of GDP (top 10 nations). It does reference 4a & 4b, so in that sense it is "marked", but the fallacy is to us PPP GDP for normalization of USD denominated import/export, and then attempt to draw conclusions about the impact of import/export disruption on the economy. In the case of China this leads to an error of around 4x. Not very good IMO. There are a lot more perks that go with owning the world's de facto money press than just the exchange cost...but I don't want to rehash the previous debate. I had expected the demise of USD as a the world's currency in 25-35 years (just enough for me to properly plan the retirement) but I see it now as being closer to 10-20 years Gee, I know what you mean. I really need to buy my chunk of the tropics ASAP!

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