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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (11348)11/9/2006 10:17:17 PM
From: Rolla Coasta  Read Replies (1) | Respond to of 217901
 
This would put them in a position to abandon their U.S. dollar policy (lending to the U.S. consumer to buy their stuff) if they perceive the U.S. slowing to the point where their exports would stagnate anyway.

That's nonsense. China & Japan together would lose a lot of money abandoning US dollar. Dropping the dollar would help US employment picture, and thus driving the economy.


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