Quote:
Originally Posted by TopBucks Lilit
correct, money is money, if China lets US fail it will lose money because:
1. US is the main importer for them
2. US economy collapse will lead to decreased or negative profit rates on Chinese investment projects.
3. US collapse will affect other US trade partners most of which trade with China as well.
All mentioned above will lead to trade and financial imbalance which will result in the entire economy imbalance and of course it will start the well known "snowball effect".
|
yea but china doesn't so much trade as just buy raw materials, manufacture, and then sell back to whoever is doing the 'trading'
whereas i agree with you that china would definitely feel an impact, what exactly would be bad for China? If the US went down, it would take us, europe, and most of the developing nations along with it (taking 'aid' from us), leaving a huge vacuum power to be filled by BRIC, but under this scenario, with no competition.
hell, you could even say china was planning to invade both SK and India, leaving china, russia and brazil, with no competition and no chance of anyone saying 'nay'