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Thread: why do you think China have to lend the US a Trillion dollars?
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[quote=MARRIE,363648]<<China's leaders haven't come to grips with the fact that the rules of the game have changed in a fundamental way. >> JAMES, so which FUNDAMENTAL WAY is the game moving? Are you gonna say, hey, U$ is the fundamental, if we USA cannot bear too much debt in U$, printing paper money can reduce debt- US treasure and wipe off other nation's wealth(GDP) which was earned thru hard work ? This is OLD game which has been proved, from the macro eco perspective, to let US tramp into the second round recession that could occure next year. Also no rule playing in financial mkt and currency manipulation - fundamental failed. I am still wondering why GM CEO is forced to step down instead of the guys in Wall Street? Does US still hold on to the financial fatancy- fundamental to rule the world. Wake up, the world is changing! [/quote]
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