techy

Inflation, Deflation and the U.S.-China Relationship

so you are assuming that overnight chinese will start consuming enough to replace their exports.

and you think china will stop supporting USD overning?? if i am not wrong they are the owner of 2 trillion USD in some form or fashion. if USD goes down 20% what will that do to their holdings??

what you are suggesting may happen one day......or may never happen, depends on how things play out.

if usa,europe etc goes into recession....china will suffer so much in the exports that its economy will be barely able to support enough jobs.

right now china's only goal is to increase its exports not decrease it.

yes every country in the world wants to become USA, ie, to have a huge consumer base supporting a big economy keeping employment below 6-8%.

but USA did not become one overnight, and it was definitely not planned....it happened by chance more than planning.