A 'Would-Be' Dollar Devaluation Rally [View article]
Would you comment on this view? China is pegged to the US dollar. China has uncle sam by the balls. What China wants China gets. China is getting a free ride (ultimate short position) on the demise of the USA. Multinational rules have turned the US from a industrial power house of wealth and world dominance into a welfare state. The Yuan peg is the tumor that wants the USD dead. The China manufacturing complex has the capability to supply the globe with cheap goods, so a falling dollar can only make this possibility a greater reality. The USA is on life support while China is growing healthier by the day. If these two countries were conjoined twins sharing vital organs.........
A 'Would-Be' Dollar Devaluation Rally [View article]