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Worth Thinking About How Falling Dollar Will Affect Tech Companies - JP Morgan

Only way this charade holds up is with China's continued to support to act as creditor. I wonder how long they can continue to buy Tbills in light of slowing growth and the prospect of a falling USD. That said, where else can they put their money? In the 1930's, we financed the world in an effort to lend consumers the money required to buy excess production, now, China is lending us money to buy their exports. Now, as then, the situation has become co-dependent. That said, there are fundamental differences that will impact how this plays out.

At what point does the international community balk at the prospect of lending us additional capital? That is tough to say. So long as we can avoid blowing money on unnecessary wars (and diffuse larger real conflicts), we may yet survive with our hide intact.