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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.35+0.7%Nov 18 4:00 PM EST
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To: KyrosL who wrote (21878)9/2/2007 9:35:15 AM
From: carranza2  Read Replies (2) of 217865
 
Excellent points.

I would expect, in China's case, that wise use of excess reserves would be mobilized to some smaller or larger extent to fund infrastructure and environmental remediation. This in my view would be the most prudent way to spend them. The remediation and infra needs are enormous. A trillion dollars would simply be a good start.

I certainly hope the Chinese don't fumble by spending excessive amounts on their military.
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