Is he planning not to repay us treasury debt? That would be great. End of US dollar.
Chinese Economics Thread
- Thread starter Norfolk
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Is he planning not to repay us treasury debt? That would be great. End of US dollar.
Simandou iron ore from Guinea would take at least 5 years. There is little short term solution except ramping up domestic production of lower grade iron ore and waiting for Brazil iron ore industry to recover from its mining disaster. Although China infrastructure super cycle is coming to end in the next decade or so. Australia's good days might not be long.
People just like RMB more than the $US which is about to lose 30% of its value.
good point. The financial system needs reform. RMB needs to be more valuable, if domestic consumption is to drive the economy.
It's almost as is heaven is trying to send China a warning...
bajingan
Senior Member
Now australian farmers already squirmed under relentless China pressures, i think China must cripple and weaken australian economy so bad that they will be non factor in anti China alliance, less us dogs to worry about and shows other dogs that their master us will not come to their economic rescue
this is death by thousand cuts torture, first cut is barley second cut is beef, third cut is wine, next cut tourism, education and so on lets see how long can they last
Grow a backbone will ya? Did you see the fires burning California down? There is no such thing as God or heaven.
China’s best response is simple: another $100 billion in R&D every day after every Trump announcement.
China should tell the Aussies that because they have undertaken to spend an extra 200 billion on American products as per stage 1 of the trade agreement, they will have to look at sourcing as much iron ore from the US instead.
No we should scrap that deal and give our money to African countries who actually appreciate it. Im sure iron ore exists elseware.