7 ms·
Only because of the relative strength of the dollar. We are literally living off the backs (labor) of Chinese workers. Once it plunges, you'll see the real reck
by 0x8BADF00D 8y ago
Only because of the relative strength of the dollar. We are literally living off the backs (labor) of Chinese workers. Once it plunges, you'll see the real reckoning at hand. It will be stagflation, and people will dump dollar denominated assets faster than you can say BOOYAH! Inflation always lags.