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Strategies & Market Trends : The coming US dollar crisis

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To: RockyBalboa who wrote (17861)2/22/2009 2:15:57 PM
From: RJA_1 Recommendation  Read Replies (2) of 71456
 
This kind of thing will further push the Chinese for ways to get out.

As has been pointed out, they are doing allot of buying with those dollars of raw materials and producers they will need.

The original purchases were to recycle the dollars by generated from their major foreign market while building an export economy, creating physical plant, and destroying any external competition.

Once the US market goes (or is greatly reduced by recession/depression):

1. Their need for the US is greatly reduced and

2. Why hold the potentially bad paper?

They are looking around for alternatives and finding them.
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