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<p>[QUOTE=&quot;LEG END, post: 1303732, member: 26139&quot;]<b>Not to worry.</b></p><p><br /></p><p>The US continually charges that the Chinese manipulate their currency, but alas we are the currency Masters. Although the Chinese have thousands of years of history, they are newbies in the money trading game. Consider this: they have been accepting green paper for their goods since Communism fell to Nixon in the 1970&#039;s. They have warehouses full of our green paper, and we have shelves of stuff. Um, seems like we are winning. Especially since the shelves of green paper have lost over half it&#039;s value or so in the last decade or so. When they come to spend it here, they can at best expect to get a nice stay at a Marriot in DC, so little is the dollar worth when traded for. Finally, a well known Hong Kong economist who studies Chinese capitalization says that EVERY Province in China is bankrupt. Sooooooo, if you are betting on an Asia market rebound, maybe you bet on us instead. The Wall Street guys are REALLY GOOD at ripping off people, and right now they are after the vaulted Eurozone muggles who thought it would be easy to supplant the dollar with a pocketfull of currency which couldn&#039;t even be satisfactorily traded across the countries who printed it. LOL. Greece was undone by Goldman Sachs, (Keiser report) who managed to collapse that country just like us, with deriviatives. Credit Defaults be darned, Germany will not bail out those easy going folks in Greece who get a month off every year. And China has said it wont. So once the other shoes drop, the flood of money pouring into our banks from Euros will ultimately produce so much new enterprise here that our debts might easily be erased in less than one generation.&nbsp; Have faith, folks, those fools on Wall Street got our government to bail them out, and that means they are either really slick, or really smart, or both. So not to worry.[/QUOTE]</p><p><br /></p>

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