i find it ironic that communist china is teaching usa a lesson in capitalism. or is it? it is clear that china by supporting week yuan: 1. bought treasuries from export windfalls 2. pushed US interest rates down 3. this caused excessive risk taking causing ultimately a collapse 4. now china is buying US financial system and commodities resources from profits from those treasuries. 5. this ultimately pushes US interest rates up while redistributing economic/geopolitical power to china. but wait - this increases US savings and productivity, improving trade balance...starting the whole cycle again (in favor of US) - lol.