Lik

Don't be stupid la. If the USD totally goes down the drain, China will suffer just as much as the US.

Aside from the States, the last country that wants to see the demise of the greenback is China.

-Lik

Lik

Again, don't be stupid and think a little sin la.

China has around $800 BILLION worth of loan to the US. Any dramatic devaluation to the USD will cause significant losses to China. How much extra GDP would China need to generate in order to just balance that loss to USD devaluation?! Again, don't be stupid la.

It is in China's interest to gradually shift its foreign investment dependencies on the USD so that it wouldn't be as prone to USD fluctuations. It is also in the US' interest to let the USD devalue a bit (but not too much) to help itself with exports and to allow the debt to grow smaller in real terms.

In the foreseeable future, the USD is still the most dependable currency and investment shelter in the international market even though it is losing ground. As the economy recovers, however, investors are gonna withdrawl from investing in the currency and re-divert them to something real, and the USD will devalue a bit. As to how long this will take and what level it'll reach, I don't think any analyst will have a concrete idea.

-Lik

Lik

Gesh... do you know any English at all? If it is being done gradually, it is not "dump" la...

But what can I expect from some 50 cents idiot?

-Lik

Lik

... sigh.. we already ran out of lumber to export... all beetles infested.
ACC-HE 發表於 2009-9-27 10:09

Only if the lumber industry can't figure out how to harvest and process beetle-infested trees. A small number of lumber companies has the technical know how to do that, and they are not affected.

-Lik