Ed116 Wrote:
Sep 05, 2012 10:01 AM
"China lives- as does the rest of the world- off the engine of the American economy, not the other way around." In fact, the US has been living off the rest of the world since 1971, because the other 7 billion people on the planet are forced to accept relatively worthless pieces of paper with green print in exchange for commodities, goods and services which have actual value. When the Chinese wise up and stop accepting dollars for their hard work, the US economy will fall into a hole that will make the 2008 credit crisis look like a Labor Day picnic.