You mean China is not buying US bonds? Are you absolutely certain about that?There is robust demand for RMB from consumers and investors in China.
There is little demand for 3 trillion extra in USD except from the Fed itself to buy its own T-bonds.
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You mean China is not buying US bonds? Are you absolutely certain about that?There is robust demand for RMB from consumers and investors in China.
There is little demand for 3 trillion extra in USD except from the Fed itself to buy its own T-bonds.
China print yawn to buy and hoard dollars in order to manipulate currency. And please do not bring up how the US Treasury refused to cite China as a currency manipulator when China in 2008 returned to the dollar peg. So China print money very 'freely'.I said "freely", not "demand and currency" out of sync. Yes, countries print more currency from time to time, sometimes "excessive", which led to inflation. China did experience inflation in the past years, but nothing like that of Vietnam, for instance. $640 billion is not a lot of money for major economies.
We have been through this before with US. We were supposed to 'collapse' back in mid-2010.How many economic collapse are these guys gonna predict. Rather than predicting why don't they try to actually do some work and help the world get out of this economic downturn.
We have been through this before with US. We were supposed to 'collapse' back in mid-2010.
Oh,no please,I am waiting for GTA V to launch this fall.US economy to collapse by the end of 2012.
book it.
They predicted China's collapse in 1989, 1998, 2004 and 2009. I trust their prediction as much as I trust weather forecast.