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Originally posted by ispyed
The Chinese currency needs to float to a market rate rather than be pegged to the US dollar, so all those trillions of dollars the Chinese hold are spent on imports. .
Originally posted by FreedomEntered
reply to post by ispyed
Yep agreed. Its my feeling that China and The bankers are bed fellows, we will have to see if this is a lasting friendship or not. But its my feeling that the bankers in the west are getting ready to take them ... down.
However, Russia and China have a more steady relationship and much more trusting .edit on 8-4-2013 by FreedomEntered because: (no reason given)
Originally posted by FreedomEntered
reply to post by littled16
haha the issue isnt buying from them at least not in my view. I think the issue is them wanting to take over completely, which could accur at some point if they continue getting richer.