淘客熙熙

主题:cited article, 中国除了不断地说“不”之外 -- parishg

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家园 you can hold other nation's

treasury notes or other nation's natural resources.

Spend away the USD holdings and let other people to worry for the USD problem.

人民币升值带来的通缩压力-- if the political elites of China can give away just 10% of their super-large abnormally accumulated wealth and share wealth with average Chinese, China has much less need to export so many consumer goods to China and Europe. China will see more happy Chinese (more physical wealth to consume) rather than more worried Chinese you see today back in China. Deflation is no issue if CHINA CAN SOLVE INCOME/WEALTH REDISTRIBUTION ISSUE.

China's elites will also less pressure to worry about their safety and less incentives to flee to here: North America.

A 1.3b-population nation with so many poor people struggling still complains for the lack of external demand for its overcapacity AND DEFLATION-- do not we think it is really pathetic????

TODAY'S CHINA IS AMERICA IN 1930S. China can choose either the dream team of Broad Wu-Victor Chen or a smart leader like FDR who led a near collapsed America to the global leadership, who WAS also a traitor to his American super-rich WASP elite group.

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