Fed buying t-bills,stocks, futures, selling USD

Discussion in 'Wall St. News' started by businessstaxes, Sep 20, 2010.

  1. valhalla

    valhalla

    If the Chinese are willing to send their production over to the US in exchange for printed pieces of paper, whats wrong with that? Who cares if they are subsidizing industry at a loss to themselves. If China subsidizes a factory, they are not only exporting cheap products but also clean air since the US now doesn't have to operate same factory. At the end of the day the Chinese are taking the huge losses thanks to their stupid policy.
     
    #11     Sep 21, 2010
  2. bone

    bone

    Well, it is pure myth that the Chinese are dealing from a position of strength regarding some sort of economic trade-war showdown. The fact of the matter is that the Chinese economy is much more dependent upon the US than vice-versa.
     
    #12     Sep 21, 2010