peter236

What will happen if China stops lending money to the bankrupt US?

peter236

It's interesting to see how many people listen to these economists and get burned
快樂牛郎 發表於 2009-5-29 22:20

When the Chinese government stops lending money to the US, you will see what will happen to the $US.

peter236

"""When the Chinese government stops lending money to the US, you will see what will happen to the $US."""
do you think it will happen?
tofu 發表於 2009-5-29 22:43

Will you lend money to a country that is printing trillions of dollars of cash, therefore debasing the currency?

peter236

if you don't lend money to that country, you won't able to get back what you already lent?  will you still lend money to that country.
do you think chinese government will like to see us$ falling from ...
tofu 發表於 2009-5-30 00:16

Many people have been talking about this a lot. They claimed that China, Japan, the Middle East countries and other creditors will not stop lending money to the US.

But the Chinese is already using their $US to buy more gold and other commodities.

Just take a look at gold and oil prices, they have been going up and the $US is crumbling. This shows everyone is moving out of the $US. This phasing out of the $US process will take a while. We should expect inflation in the US.

peter236

1.2 - 1.25 by August

I stand by it
快樂牛郎 發表於 2009-5-30 16:30

So should we buy $US bull etf to make the profit?