tazmac, I'd like them to start by paying $5 per gallon for petrol tomorrow. Petroleum shares would enjoy the benefits of an equal playing field.
It's pretty simple - China is liquid and has a surplus until it is wound down to zero. The US is illiquid, it has a deficit and is proud of it.
The US is intent on using this position of debt to it's own manufactured ends while telling the world to be more like themselves.
Everyone else of importance is at least trying to balance their books.
The shock to China would be if it is not careful with it's FDI (foreign investment). Let others pull the plug out too quickly and we all know what happens.
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