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bookworm_020 · 03-26-09, 05:02 PM

China can't afford to dump the U.S. Dollar and run, because if the U.S. economy takes a dive due to the Chinese ditching U.S. bonds, they will be cutting their own throats, as 50% of their trade surplus comes from the U.S. and no other market can absorb the goods and trade.

03-26-09, 05:02 PM	#16
bookworm_020 Navy Seal Join Date: Aug 2005 Location: Sinking ships off the Australian coast Posts: 5,966 Downloads: 1 Uploads: 0	China can't afford to dump the U.S. Dollar and run, because if the U.S. economy takes a dive due to the Chinese ditching U.S. bonds, they will be cutting their own throats, as 50% of their trade surplus comes from the U.S. and no other market can absorb the goods and trade. __________________ "There is always one person in any organization who knows whats going on, That person must be fired"