To: durasell
If they stop buying our bonds, the trade deficit would fall, as the yuan woud appreciate against the dollar. That's the reason WHY China buys our bonds -- they need to do repatriate all the dollars they earn from exports to the US.
61 posted on
02/13/2005 2:03:57 PM PST by
ChicagoHebrew
(Hell exists, it is real. It's a quiet green meadow populated entirely by Arab goat herders.)
To: ChicagoHebrew
If those dollars come flooding back in, then my take out Chinese food starts getting mighty expensive.
82 posted on
02/13/2005 5:06:31 PM PST by
durasell
(Friends are so alarming, My lover's never charming...)
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