Quote:
Originally Posted by IlyaK1986
China's growing stronger? HAH! That's a funny one. The Chinese are probably the single-biggest dependent country on the US doing well. If we go down, they're smashed.
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I'm thinking long term. The impression I get is that China is artificially keeping the value of the Yuan low compared to the American dollar so we will export our business. Eventually, they won't need to do that anymore.
Short term though, I agree. If the US economy crashes completely right now, China is screwed as well. This is part of the reason I'm not ready to follow through with the "buy Yuan" theory just yet.