Interesting article from Motley Fool.
Incidentally, I was predicting something similar yesterday. My reasons were slightly different -
1. Chna is sitting on huge reserves and IOUs
2. The USA must borrow money from China to finance Osama’s multi-trillion $ pork and Wall St. bailout deals. He who lends the money, makes the rules.
3. After the presnt situation returns to normalcy, watch the ChiComs go on a arms-building/buying spree.
Will China implode from internal problems? Probably not. I think they’ll come out of this Wall St.-generated crisis as a stronger bunch of blood-thirsty maniacs.
While we’ve been crying about the chicom’s stealing our jobs, we let the socialists take over our country.
Now China is going to be more free than we will be.
What do you think of this article, folks?