[Info-vax] Chinese Alpha?

[Arne Vajhøj]

On 5/2/2012 10:57 PM, JF Mezei wrote:
> Arne Vajhøj wrote:
>
>> Have all restrictions on selling IT to China been lifted?
>
> If the USA  doesn't forget about those restrictions, China could also
> forget to buy so much of the USA government's debts.
>
> The USA no longer has the luxury of criticising China because China is
> using american's money to keep the USA afloat.
>
> In other words, Americans send money to China. China then uses that
> money to bail the USA government out with conditions attached.

It is a myth that the US government is funding most of
its huge deficit directly from China. It is less than 10%
that has come from China.

China could stop accepting dollars tommorrow if they wanted to.

It would cause Chinese manufacturing to tank and US ditto to soar.

Sure US consumers would see stores with US goods twice as
expensive as the Chinese goods there today, but ...

That threat is not really a threat.

Arne