Comments on: Is the Marriage Between China and America Destined for Divorce? http://thinktankinvesting.com/is-the-marriage-between-china-and-america-destined-for-divorce Investment News and Resources Wed, 14 Mar 2012 20:58:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Mike Beckora http://thinktankinvesting.com/is-the-marriage-between-china-and-america-destined-for-divorce/comment-page-1#comment-230 Mike Beckora Wed, 14 Oct 2009 02:07:20 +0000 http://thinktankinvesting.com/?p=439#comment-230 The Chinese will continue to fuel the insatiable appetite for debt of the U.S. consumer because China is dependent on the export of its crap to the U.S. If the U.S. consumers can't get credit to buy more crap, what will happen to Chinese exports to the U.S.? The Chinese are up crap creek without a paddle. I love the analogy that this guy uses in his article about a bad marriage where one is a reckless spender and the other is a saver. I don't think divorce is in sight. The penalties are too severe for both partners in this "marriage." The Chinese will continue to fuel the insatiable appetite for debt of the U.S. consumer because China is dependent on the export of its crap to the U.S. If the U.S. consumers can’t get credit to buy more crap, what will happen to Chinese exports to the U.S.?

The Chinese are up crap creek without a paddle. I love the analogy that this guy uses in his article about a bad marriage where one is a reckless spender and the other is a saver. I don’t think divorce is in sight. The penalties are too severe for both partners in this “marriage.”

]]> By: Jonathan Kirbhee http://thinktankinvesting.com/is-the-marriage-between-china-and-america-destined-for-divorce/comment-page-1#comment-229 Jonathan Kirbhee Wed, 14 Oct 2009 01:53:58 +0000 http://thinktankinvesting.com/?p=439#comment-229 I think the Chinese really have nowhere to go. If they stop buying dollars, the dollar will suffer and their exports will fall further. Not to mention the appreciation of their currency against the dollar that will hurt exports even further. I heard a talk given by Ferguson that was posted to YouTube that you should check out. Pretty thought-provoking stuff. Here's the link: http://www.youtube.com/watch?v=-DeQYWro8YU I personally hope that this "marriage" will last a bit longer. If not, I think Ferguson is right, the repercussions could be severe for not just the U.S. economy but the global economy. Jon I think the Chinese really have nowhere to go. If they stop buying dollars, the dollar will suffer and their exports will fall further. Not to mention the appreciation of their currency against the dollar that will hurt exports even further. I heard a talk given by Ferguson that was posted to YouTube that you should check out. Pretty thought-provoking stuff. Here’s the link: http://www.youtube.com/watch?v=-DeQYWro8YU

I personally hope that this “marriage” will last a bit longer. If not, I think Ferguson is right, the repercussions could be severe for not just the U.S. economy but the global economy.

Jon

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