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China signals plans of swapping its $1TRILLION+ reserves for Euros/CDN
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11-08-2007, 08:02 AM
infecto
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Join Date: May 2003
Posts: 1,697
Quote:
Originally Posted by
koalat
Haha dude, that sounds like pure wishful thinking.
See, America doesn't export anything anymore (besides produce) because it was so much cheaper to make in China etc... Every day that the dollar slides buying back all the that stuff was outsourced overseas is only going to get more and more expensive...
Ummm look again and then come back. The US exports billions of dollars worth of output. Its not wishful thinking but elementary economics.
infecto
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