Who is the trouble-maker of global economies?

Who is the trouble-maker of global economies?
Nov 8, 2007 03:34
guest21131	Who is the trouble-maker of global economies, China or US? Because of the sub prime crisis, US’s economy might go into its downturn. At the same time, the world economies will be influenced deeply. That is one predication. The other one is that most people think that China is the trouble-maker of world economies. China wouldn’t like to appreciate its RMB quickly and this might trigger domestic inflation. Unluckily, the world economies will suffer the side-effect of this. In another situation, the world economies will be seriously affected by China’s macro-control measures on its economy. If China could succeed in curbing the potential inflation while stabilizing its RMB exchange rate, the trade imbalance between China and other countries will be escalating. Dollar-RMB exchange rate system might collapse very soon. What do you think? Who is the trouble maker of world economies, China or US?

Nov 8, 2007 03:34

guest21131

Who is the trouble-maker of global economies, China or US? Because of the sub prime crisis, US’s economy might go into its downturn. At the same time, the world economies will be influenced deeply. That is one predication.

The other one is that most people think that China is the trouble-maker of world economies. China wouldn’t like to appreciate its RMB quickly and this might trigger domestic inflation. Unluckily, the world economies will suffer the side-effect of this. In another situation, the world economies will be seriously affected by China’s macro-control measures on its economy. If China could succeed in curbing the potential inflation while stabilizing its RMB exchange rate, the trade imbalance between China and other countries will be escalating. Dollar-RMB exchange rate system might collapse very soon.

What do you think? Who is the trouble maker of world economies, China or US?

Nov 8, 2007 06:54	#1
GUEST25162	Of cos China. USA are the best.

Nov 8, 2007 21:32

JIMMYB
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Join Date: Feb 7, 2007
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Quote: Of cos China. USA are the best.

GUEST25162, are you American? If so, you are really patriotic. China has to burden its responsibility for global economies. US should also take its responsibility too since she still is the No.1 in the world. I could understand why other countries urge China to appreciate its RMB because they care about their own interests very much. In recent days, US dollar becomes weaker and weaker. The government should find ways to stablize dollar, not to let it depreciate randomly. Everyone knows what will happen if dollar collapses.

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