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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (25812)12/22/2009 10:48:10 AM
From: No Mo Mo  Read Replies (1) | Respond to of 71456
 
Then on a different subject, who or what do you think will take up the drop in demand for Chinese goods if the Buck drops?

I've felt for some time that when the Chinese finally see the time to be right, they will de-peg dramatically. They'll use as many of their banked Dollars to stealthily buy hard assets world-wide then de-peg. I just can't yet see who'll buy enough of their stuff to keep the hundreds of millions employed if the US can suddenly shop more cheaply elsewhere i.e. not from China.



To: Real Man who wrote (25812)12/22/2009 11:37:40 AM
From: DebtBomb1 Recommendation  Read Replies (1) | Respond to of 71456
 
China would buy gold first then de-peg, IMO.