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<p>[QUOTE="Brett_in_Sacto, post: 2248373, member: 71510"]I'll third that notion. I've seen several stories about issues that China is having with "China" and all of the government backed businesses that are not producing as expected (imagine that?!?!) and all of their inflationary issues.</p><p><br /></p><p>As the pressure mounts to sell - I believe that will weaken the dollar a bit - since people will not buy unless there is a discount.</p><p><br /></p><p>I think we knew this a decade ago when China started - as the pundits put it - "buying up America" and we knew that if we defaulted - the Chinese would end up with our bad debt - and if they faltered - they'd have to sell it to someone at a discount (possibly buying it back cheaper than we sold it).</p><p><br /></p><p>It wreaks of the toxic loan syndrome we just experienced in our own country - but I think it's a win / possibly win situation for us either way.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2248373, member: 71510"]I'll third that notion. I've seen several stories about issues that China is having with "China" and all of the government backed businesses that are not producing as expected (imagine that?!?!) and all of their inflationary issues. As the pressure mounts to sell - I believe that will weaken the dollar a bit - since people will not buy unless there is a discount. I think we knew this a decade ago when China started - as the pundits put it - "buying up America" and we knew that if we defaulted - the Chinese would end up with our bad debt - and if they faltered - they'd have to sell it to someone at a discount (possibly buying it back cheaper than we sold it). It wreaks of the toxic loan syndrome we just experienced in our own country - but I think it's a win / possibly win situation for us either way.[/QUOTE]
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