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China Panic...

Discussion in 'The Economy' started by Tropo, 12th Jul, 2009.

  1. Tropo

    Tropo Well-Known Member

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    NSW
    China Panic
     

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  2. Chris C

    Chris C Well-Known Member

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    I'd still rather be the producer that has no customers (China) than be the customer that is bankrupt (the US).

    Whilst China's exports have dropped off a cliff, there is LOADS of room for domestic consumption whether it be private or public, and their government ACTUALLY has the money to spend unlike the US, which is broke at both the public and private level.
     
    Last edited by a moderator: 13th Jul, 2009
  3. bigbuddha

    bigbuddha Well-Known Member

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    Brisbane, QLD
    Chris,

    You are spot on here.