You are viewing a single comment's thread.

view the rest of the comments →

0
3

[–] Opposed-Forces [S] 0 points 3 points (+3|-0) ago 

They (China) couldn't do that without completely collapsing their own economy. Nearly half (if not actually more) of China's wealth is wrapped up in the (assumed) value of the US debt they hold. Dumping that on the world market to crash the dollar makes no sense, not to mention the fact, that other countries central banks would read the play and refuse to buy debt with ever decreasing value.

0
0

[–] Patient-00 ago 

Oh Yeah...if China goes along this trail and kills the US markets by dumping....they might actually gain in the short term (Stock trader pay attention)...but when The People of the USA get off their asses (in the long term) and start opening steel mills and aluminum mines...China gonna wonder WTF in 15 yrs

0
2

[–] BlueDrache 0 points 2 points (+2|-0) ago  (edited ago)

We already ARE reopening the mills and mines.