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Message Subject China Just Threatened a Currency War If the Fed Doesn’t Stop Printing
Poster Handle Anonymous Coward
Post Content
Europe will rule after this crisis is over. The germans know very well the consequences of inflation. That's why europe is adjusting to it's level of competitiveness. Others like the Uk and US just print money to cover the deficit. The US is dependent on the good will of the chinese to finance it's economy while europe is exporting even more and more to china. When the chinese dump the us dollar the us economy is toasted.

 Quoting: Anonymous Coward 33275964

NO they won't. China owns the Federal Reserve system, which is global. europe does not.
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