To: Pfesser
I couldn't quite follow his logic here.
Perhaps I need to stay at a Holiday Inn tonight.
But I do think if the American economy slows down, the Chinese economy goes completely into the crapper.
Which will be a good thing.
5 posted on
09/30/2008 9:03:21 AM PDT by
frankenMonkey
(101st Airborne Army Dad)
To: frankenMonkey
Yeah, I don’t get the scare-tactics about China’s connection to our economy. “Better watch out, China’s heavily invested in our currency. They’ll get pissed and start their own banking system if we collapse.” So what? China’s investment is China’s problem.
8 posted on
09/30/2008 9:06:15 AM PDT by
Tublecane
To: frankenMonkey
I think that what he’s trying to say is that OPEC is invested in the market. So, when we bail out the market, we bail out OPEC so OPEC has a win-win. With no bailout, the markets go down and OPEC must lower oil prices to revive the market.
12 posted on
09/30/2008 9:11:52 AM PDT by
Pfesser
( Georgia boy)
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