“China threatens ‘nuclear option’ of dollar sales”

[one_muggle]

This would crash the US economy which is the principle source of business for China. This doesn’t serve China whatsoever and would draw them into deep recession as well. I think there is historical precident (has happened before) for this but can’t recall which countries were involved.

radelow, I believe the precedent to which you are referring were the two great nations The Turtle and The Scorpion…
http://www.snopes.com/critters/malice/scorpion.asp

That wasn’t a Chinese fable was it!?

-one muggle

[sdnativeson]

what an incredible opportunity for the U.S.

[sdnativeson]

what an incredible opportunity for the U.S.

[sdnativeson]

what an incredible opportunity for the U.S.

[bob007]

USA could take the factories from China and relocate them to Vietnam, India, Pakistan, Bangladesh, Indonesia, Mexico, Egypt, Turkey and Brazil. These countries are not as low cost as China. But they could supply us with $10 shirts if not $5 shirts. It would take a concerted effort by US policymakers to accomplish that.

[bob007]

USA could take the factories from China and relocate them to Vietnam, India, Pakistan, Bangladesh, Indonesia, Mexico, Egypt, Turkey and Brazil. These countries are not as low cost as China. But they could supply us with $10 shirts if not $5 shirts. It would take a concerted effort by US policymakers to accomplish that.

[bob007]

USA could take the factories from China and relocate them to Vietnam, India, Pakistan, Bangladesh, Indonesia, Mexico, Egypt, Turkey and Brazil. These countries are not as low cost as China. But they could supply us with $10 shirts if not $5 shirts. It would take a concerted effort by US policymakers to accomplish that.

[bsrsharma]

“take the factories from China”

Have you ever moved? (Well we did recently – it wasn’t easy or fun). What about trained workers? access to raw materials and components suppliers, subcontractors, infrastructure etc., Like it or not, we are going to be in this marriage with China for a long time – with China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card. You may not love it, but can’t live without it.

[bsrsharma]

“take the factories from China”

Have you ever moved? (Well we did recently – it wasn’t easy or fun). What about trained workers? access to raw materials and components suppliers, subcontractors, infrastructure etc., Like it or not, we are going to be in this marriage with China for a long time – with China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card. You may not love it, but can’t live without it.

[bsrsharma]

“take the factories from China”

Have you ever moved? (Well we did recently – it wasn’t easy or fun). What about trained workers? access to raw materials and components suppliers, subcontractors, infrastructure etc., Like it or not, we are going to be in this marriage with China for a long time – with China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card. You may not love it, but can’t live without it.

[Borat]

USA could take the factories from China and relocate them to Vietnam, India, Pakistan, Bangladesh, Indonesia, Mexico, Egypt, Turkey and Brazil. These countries are not as low cost as China. But they could supply us with $10 shirts if not $5 shirts. It would take a concerted effort by US policymakers to accomplish that.

Huh? If China dumps its $ holdings, our money becomes worth less EVERYWHERE. Chinese shirts won’t be $5 anymore, they’ll be $10. So your hypothetical Vietnamese shirt won’t be $10 it will be $20. BTW, the US doesn’t own those Chinese factories anyway, they are owned by Chinese firms or government cooperatives. Wal-Mart et al just buy finished goods from them.

It is nice to think that China “needs” the US, and they certainly like selling us stuff at this moment in time. However there are lots of other markets in the world and they are growing every day. They might not buy as much as we do today, but someday they will. We need China to buy our IOUs a lot more than they need us to buy their Hello Kitty backpacks and LCD TVs now. We need to start producing goods for export again here at home so that we can even the playing field a bit.

[Borat]

USA could take the factories from China and relocate them to Vietnam, India, Pakistan, Bangladesh, Indonesia, Mexico, Egypt, Turkey and Brazil. These countries are not as low cost as China. But they could supply us with $10 shirts if not $5 shirts. It would take a concerted effort by US policymakers to accomplish that.

Huh? If China dumps its $ holdings, our money becomes worth less EVERYWHERE. Chinese shirts won’t be $5 anymore, they’ll be $10. So your hypothetical Vietnamese shirt won’t be $10 it will be $20. BTW, the US doesn’t own those Chinese factories anyway, they are owned by Chinese firms or government cooperatives. Wal-Mart et al just buy finished goods from them.

It is nice to think that China “needs” the US, and they certainly like selling us stuff at this moment in time. However there are lots of other markets in the world and they are growing every day. They might not buy as much as we do today, but someday they will. We need China to buy our IOUs a lot more than they need us to buy their Hello Kitty backpacks and LCD TVs now. We need to start producing goods for export again here at home so that we can even the playing field a bit.

[Borat]

USA could take the factories from China and relocate them to Vietnam, India, Pakistan, Bangladesh, Indonesia, Mexico, Egypt, Turkey and Brazil. These countries are not as low cost as China. But they could supply us with $10 shirts if not $5 shirts. It would take a concerted effort by US policymakers to accomplish that.

Huh? If China dumps its $ holdings, our money becomes worth less EVERYWHERE. Chinese shirts won’t be $5 anymore, they’ll be $10. So your hypothetical Vietnamese shirt won’t be $10 it will be $20. BTW, the US doesn’t own those Chinese factories anyway, they are owned by Chinese firms or government cooperatives. Wal-Mart et al just buy finished goods from them.

It is nice to think that China “needs” the US, and they certainly like selling us stuff at this moment in time. However there are lots of other markets in the world and they are growing every day. They might not buy as much as we do today, but someday they will. We need China to buy our IOUs a lot more than they need us to buy their Hello Kitty backpacks and LCD TVs now. We need to start producing goods for export again here at home so that we can even the playing field a bit.

[SD Realtor]

bob007 I don’t agree with your post. You cannot just move a company. Places like Cisco and other giants will not just move. They went to places like China and India for reasons beyond just cheap labor. The labor is not just cheap but is also much more educated then you have implied. Furthermore just moving doesn’t happen in industry, it is planned out many years in advance. Finally large companies care much more about their own bottom line; not the welfare of the US government.

[SD Realtor]

bob007 I don’t agree with your post. You cannot just move a company. Places like Cisco and other giants will not just move. They went to places like China and India for reasons beyond just cheap labor. The labor is not just cheap but is also much more educated then you have implied. Furthermore just moving doesn’t happen in industry, it is planned out many years in advance. Finally large companies care much more about their own bottom line; not the welfare of the US government.

[Author]

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