Savings aren’t bad, but they can be invested poorly. Take China. Its government is using its citizens‘ savings to lend to the largest bankrupt nation in the world. That’s not too smart.
Quelle: Savings Are Bad, Mmkay
Samstag, 3. September 2011
Savings aren’t bad, but they can be invested poorly. Take China. Its government is using its citizens‘ savings to lend to the largest bankrupt nation in the world. That’s not too smart.
Quelle: Savings Are Bad, Mmkay
Donnerstag, 13. Mai 2010
China based economist Michael Pettis says that only twice before in history have nations built up foreign exchange reserves similar in size (as a proportion of global GDP) to China’s current hoard. Those two lucky countries were the US in the late 1920s (despite Britain’s attempts to stop the US accumulating gold) and Japan in the late 1980s.
Quelle: China: Looking for past parallels and bringing forward resource demand
Man muss nicht Wirtschaftsgeschichte studiert haben, um die wirtschaftliche Entwicklung der Länder während den genannten Jahrzehnten zu deuten …
Tags: China, Dollar, Geschichte, Japan
Labels: USA, Wirtschaft
Mittwoch, 23. September 2009
But just wait until the United States loses their trust. In a matter of minutes, China could dump enough US dollars to set off alarms all over the world. All of a sudden, dollar holders would rush for the exits – each one trying to get out before the others. In minutes, the dollar market could collapse…taking down US Treasury bonds with it.
Quelle: US Dollar Declining as China’s Currency Rises
Bleibt zu hoffen, dass der Schweizer Franken dann zur Fluchtwährung – und wir somit zu sehr, sehr reichen Leuten werden. Dann kaufe ich mir für den Preis eines rostigen Kleinwagens eine Villa in Beverly Hills.
Übrigens: Es fehlen noch 2 Rappen bis zur Parität!
Tags: China, Dollar, Währung
Labels: Politik, USA, Wirtschaft