Message:

<p>[QUOTE=&quot;Rono, post: 789654, member: 6492&quot;]Hi Cloudsweeper,</p><p>&nbsp;</p><p>I&#039;m not suggesting that they like us or wish us well.&nbsp; I&#039;m working from the assumption that they only care about their own selfinterest.&nbsp; Right now, they hold sufficient dollars and treasuries, that it is not to their selfinterest to have them drastically devalued.&nbsp; </p><p>&nbsp;</p><p>For example, let&#039;s take China.&nbsp; They must keep exporting and the factories humming to provide jobs for the massive numbers of peasants migrating into the cities on an ongoing basis.&nbsp; Otherwise, there will be social unrest if not outright revolt.&nbsp; So the powers that be are willing to do whatever it takes to continue the expansion.&nbsp; And right now we&#039;re their best market so they want us healthy and shopping at Walmart buying their stuff.&nbsp; And they hold a ton of our dollars that they are trying to diversify out of while maintaining the value of their principal.&nbsp; They&#039;re buying gold hand over fist, but again, playing the market while they do so.&nbsp; </p><p>&nbsp;</p><p>At this point in time they want the dollar to not crash and the US to continue on the road to economic recovery.&nbsp; </p><p>&nbsp;</p><p>Tomorrow?&nbsp; feh, I wouldn&#039;t count on it.</p><p>&nbsp;</p><p>take care,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in