What do the Chinese think of our $700 billion bailout package?
Economists in China are concerned that an extra $700 billion of debt will push the long-term value of the dollar much lower.
I agree and expect the U.S. dollar is headed a lot, lot lower.
Related Posts
- Dollar hits new low against Renminbi (04/11/08)
- Chinese IPOs headed to London (06/28/08)
- Ditch the dollar says China (07/06/09)
- 2.8 million Asian million dollar portfolios (11/19/08)
- Taiwan stimulus package (09/14/08)
