Obi-Wan Kenobi
/ 83.5.233.* / 2010-01-11 09:20
Wcale nie jest tak dobrze, Mieciu, jak się Tobie wydaje. Mamy do czynienia z kolejna bańką, tym razem w Chinach i dlatgego tamtejsze władze muszą podnosić stopy procentowe, żeby zapobiec kolejnej katastrofie.
China's program economy is roaring back to life, even if the imports are actually sitting in full warehouses, used to build empty cities that consume negative electricity, make washing machines that never launder anything except the government's flawed economic statistics, and create cars that somehow use up ever-less gasoline. Of course, when the government has trillions in increasingly worthless excess dollar foreign reserves that have to be used up for something, it is no wonder that the Chinese government is buying anything and everything it can stockpile, and that can't be devalued by Tim Geithner, hand over fist. As for exports: courtesy of the dollar peg, which makes China's exports as cheap as the US' (assuming the latter had much of anything to export besides financial innovation), China had no shortage of counterparties to purchase its $1.2 trillion in 2009 exports. Yet despite all this, China's trade surplus plunged a record $100 billion, or 34%, to $196 billion from 2008's $296 billion.