Quote:
Originally Posted by Arragonis
PS. They were doing this when Bush Jnr was in power too - they think the USD is dodgy and has been for years. Which is why they have encouraged consumption at home. The 'this relationship is good for both of us' deal between the US and China is kind of good for China - they don't really need the US.
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Indeed. What have we left to sell? We have decimated our manufacturing capability. We don't produce any oil. We don't really lead in technology anymore. Our education facilities are becoming a joke.