To: boxsmith13
I dont think the world is even remotely prepared for the impact China is going to have on the global economy.If they buy stuff from America for a change, that will be fine by me.
59 posted on
05/05/2004 5:09:31 PM PDT by
snopercod
(I used to be disgusted. Then I became amused. Now I'm disgusted again.)
To: snopercod
"If they buy stuff from America for a change, that will be fine by me."
I mean their ability to even out-demand the US for natural resources. A recession or crash in China will cause world wide deflation, while a boom will cause run-away inflation.
China right now is running a trade deficit
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