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I voted this up, even though I think it's wrong, because it is a valid point. I don't think it's going to happen though, because it would screw up their own ec

I voted this up, even though I think it's wrong, because it is a valid point. I don't think it's going to happen though, because it would screw up their own economy as badly as the US. Maybe if things weren't already so tight everywhere right now, but probably not even then.

blahedo 17y ago
...for now. There will come a time when dumping their dollars will no longer disadvantage China, and will indeed be to their advantage; but they need a somewhat larger middle class first. Give it ten or twenty years.
rdtsc 17y ago
Interesting point. It is a sort of a MEAD (Mutually Economic Assured destruction), a complement to the nuclear MAD.