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Non-Tech : Penny for your thoughts,...
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From: Fiscally Conservative10/4/2007 10:20:11 PM
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Our biggest export: Inflation
The sinking U.S. dollar, and the inflation it causes, could throw the runaway Chinese economy off the tracks. And the entire globe would suffer the consequences.

Thanks to a weakening dollar, companies in the United States are selling more goods and services overseas.

But the biggest U.S. export right now isn't tractors or ball bearings or computer consulting or anything else American industry does. Our biggest export is inflation. And our No. 1 inflation customer is China.

Why should you care? Because the damage to China's economy could be enough to send it spinning out of control, with grim consequences for the rest of the global economy.

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articles.moneycentral.msn.com
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