Professional Soldiers ® - View Single Post - China devalues (first shots in a trade war?)

Matta mile · 12-07-2008, 18:57

NMap,
Thanks for the info.

1. China owns more of us than most are willing to admit. Many of us stil think they are making party favors and tee shirts unfortunatly. A great attack and victory on an entire capitalistic nation without firing a shot IMHO as quality of life = the appox lowesr common denominator that provides goods in a global economy.
2. I was under the strong idea that the juan would be going up (not down) in value as per global census/tariff pressues. Seems this is not the case.
3. Assuming the juan goes down in value, will we be able to continue to borrow the money we do from them or will the price be higher?
MM

12-07-2008, 18:57	#4
Matta mile Quiet Professional Join Date: May 2006 Location: Rhode Island Posts: 197	Devaluation? NMap, Thanks for the info. 1. China owns more of us than most are willing to admit. Many of us stil think they are making party favors and tee shirts unfortunatly. A great attack and victory on an entire capitalistic nation without firing a shot IMHO as quality of life = the appox lowesr common denominator that provides goods in a global economy. 2. I was under the strong idea that the juan would be going up (not down) in value as per global census/tariff pressues. Seems this is not the case. 3. Assuming the juan goes down in value, will we be able to continue to borrow the money we do from them or will the price be higher? MM __________________ "Always bear in mind that your own resolution to succeed is more important than any other" President A. Lincoln
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