If the Chinese start selling, the stock market will fall.

Discussion in 'Economy' started by Neubarth, Mar 9, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    I expect the Chinese to start selling soon. Hopefully it will not be in one mass movement.
     
  2. editec
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    editec Mr. Forgot-it-All

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    I suspect if the Chinese want to kill the goose that has laid their golden egg, they could crash this government (and this fibrilating economy, too) by dumping a trillion dollars worth of T-Bills on the world market.

    They'd be nuts to do so, of course, because as our economy goes, so too goes the rest of the economies that they sell into.
     
  3. william the wie
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    william the wie Gold Member

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    The Chinese have little choice in the matter. Their economy is tanking, their labor force is shrinking due to the one child rule and the Yuan is becoming less controllable.
     
  4. Toro
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    Toro Diamond Member

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    Why?
     
  5. sparky
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    sparky VIP Member

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    well i understand China is often guilty of monetary manipulation>

    Senators Calling Commerce Out on Currency Manipulation | Economy In Crisis

    so would it be reasonable to assume thier move to SDR's via the IMF would gain them anything in revaluation of said Tbills without selling off anything? Perhaps even as a hedge against what they (again assuming) see as an insolvent nation....?
     
  6. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    The Chinese have come a long way from building our railroads to owning most of the US from us being stupid enough to keep borrowing money from them. We'll be building their railroads before much longer. Pass the rice.
     
  7. Neubarth
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    Neubarth At the Ballpark July 30th

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    The average American worker would not meet their standards for productivity.
     
  8. Zander
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    Zander Platinum Member

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    selling what?
     
  9. sparky
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    sparky VIP Member

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    our debt
     
  10. editec
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    editec Mr. Forgot-it-All

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    We're not smart enough to suit then, I expect.

    Seriously, had it not been for the Chinese laborers figuring out how to do it, we might never have built those rails over the Rockies.

    If you're dubious about that claim, I totally understand.

    I was stunned when I first read about the fact that the Chinese coolies understood how to build on the side of mountains when all our engineers had failed in the task, too.
     

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