flashrob

U.S. Bailouts Could Spur Asian Economies

HOW TO START FIXING THE GLOBAL ECONOMY:

1. China is sitting on about "two trillion U.S. DOLLARS!"

2. China's main market to export to (and what has largely been responsible for their fantastic growth) is the now DECLINING U.S. market.

3. China can embark on a MASSIVE spending program (some ideas are "improving environmental spending - air, water, automobile pollution, etc." INSTEAD OF WEEPING OVER THE DECLINE OF THEIR "TO" U.S. EXPORT MARKET! I am suggesting they become a MAJOR IMPORTER of American and European technology, services, and expertise, thereby helping the U.S. to improve economically, and helping themselves for a return of EXPORTING TO THE U.S.

The huge STOCKPILE OF DOLLARS is just sitting there anyway.

Now, their government has the MONEY already to embark on a MASSIVE INFRASTRUCTURE "plus" PROGRAM... and JUMP-START THE REST OF THE WORLD'S ECONOMIES!

In essence, I am suggesting that the Chinese government, along with this infrastructure program WOULD FUND (act as a replacement employer... say via "low cost loans" via their banks to EMPLOYERS whose exports to the U.S. are drying up. The NEW ADDITIONAL CONSUMER would be THE EMERGING MIDDLE-CLASS OF CHINESE CONSUMERS...if they can sell it to you at Target, Walmart, etc... IT SHOULD BE GOOD ENOUGH TO SELL TO THIS NEW MIDDLE-CLASS CHINESE CONSUMER...

...probably do this by ISSUING CREDIT-CARD consumer spending on a massive scale... I'm sure Visa, MasterCard would be glad to contract with them along with some of our investment banks to HELP RUN THE WHOLE THING...

This way they don't LET DRY UP AND DIE ...all those manufacturers WHO PREVIOUSLY SOLD MOST OF THEIR PRODUCTS TO THE U.S. they'll gain some of this export mkt back eventually when they import goods, services, AND U.S. and European "MANAGEMENT EXPERTISE" ...thereby helping the U.S. in particular, and also other global economies/entities to recover.

4. Since, they have the money, they don't need to "deficit spend" like the U.S. and Europe, etc.

5. Also, we could SELL THEM SOME U.S. assets (NOT BAD DEBT PAPER) but hard type assets. President Obama could look at this with respect to reducing the "taxpayer's bailout!"

It would also prevent some of these BUSINESSES and say BIG APARTMENT COMPLEXES FROM GOING UNDER ANYWAY...

We could sell them "minority percentages" in BIG ENTERPRISES...like electric utilities, oil and gas, windmills, etc. (just throwing out a few ideas...

Bottom line: they have the money in DOLLARS... so let's cut them some deals, let them buy shares in our economy, instead of the "taxpayer" having to pony up for everything!

...the ideas expressed here, are just summary simplifications, BUT THESE ARE THE BASICS OF HOW TO START RESTORING THE GLOBAL ECONOMY!

...need more detail...I can probably consult if I have to...

FLASHROB