Re: What's the outlook for China ( on the way up )
in response to
by
posted on
Apr 26, 2009 12:46PM
We may not make much money, but we sure have a lot of fun!
Right now they hold around $1.4 trillion from what i read and the US debt now is somewhere around $12 trillion so 80% would be around $ or $10 trillion give or take a few billions that would require some heavy buying .
I think we don't have tofear China to detain supreme power for a littl while
Meanwhile an article from Bloomberg goes the oppositite direction about what most of us think about the UsSdollar's future and i must admit i was impressed by the article considering the facts they cited , maybe you'd be interested in checking it out . They certainly got me thinking .