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The fall of China started at least 4 years ago

bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭
in Precious Metals


the fall of china


I thought this was interesting

Comments

  • CaptHenwayCaptHenway Posts: 32,144 ✭✭✭✭✭
    So what happens if China tells the U.S. "We want our money now"?
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    So what happens if China tells the U.S. "We want our money now"?




    Well.... the first thing is, they will not get it....the second thing will likely be a market

    crash... and the third thing will be worldwide chaos....



    Fasten your seat belts....Cheers, RickO
  • cohodkcohodk Posts: 19,129 ✭✭✭✭✭
    Originally posted by: CaptHenway
    So what happens if China tells the U.S. "We want our money now"?


    And what if they dont?


    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I was just there. So was my wife ( she was pitching wares at Amazon China in Beiijing. I was designing wares in the south)



    She is trying to market her US company to China. I'm now doing the same globally in my new job. China is my biggest customer. I work for a US company, make a ton of our stuff in China and sell to China. How about that!



    Like we survived the crisis of 07 they will find a way to worm their way out of it as well. Just like the US consumer, don't under estimate the Chinese consumer. Apple proves it everyday.



    mark

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • cohodkcohodk Posts: 19,129 ✭✭✭✭✭
    China is TBTF, eh Mark?
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    Originally posted by: cohodk

    China is TBTF, eh Mark?




    They are too big to totally fail. The bumps they hit will be bigger but they will be just fine. If they don't figure it out themselves then they will copy it from somebody else



    6 billion shoppers can't be wrong



    mark

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • cohodkcohodk Posts: 19,129 ✭✭✭✭✭
    Agreed
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    I go every other week and our loads have not come down.



    Eveything baby related should boom over the next several years since adopting the two-child policy a few weeks ago.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Originally posted by: CaptHenway

    So what happens if China tells the U.S. "We want our money now"?




    So what happens if we tell them we're not buying any more of their manufactured goods, nor sending them any more food or technology?



    Liberty: Parent of Science & Industry

  • WingsruleWingsrule Posts: 3,011 ✭✭✭✭
    So what happens if we tell them we're not buying any more of their manufactured goods,



    Walmart and the auto industry would fold.image
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