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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)
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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
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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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