Go to the Main Business Forum page

Another horror story... [Archive] - Page 5 - SOWPub Small Business Forums


View Full Version : Another horror story...

Pages : 1 2 3 4 [5] 6 7 8 9 10

Larry Foster
November 9, 2007, 07:06 AM
They have so many USD that it probably doesn't matter.
I saw somewhere some astounding percentage of Chinese goods in stores. Something like 60% or more.
Given the insatiable American appetitie to spend everything they have and more, China will be the supplier of choice for a long time.
Although poor quality and unsafe products is very bad, there is something even more ominous to the US.
I saw that they're holding over $1 Trillion in dollar reserves. With the dollar falling like a rock, China is looking to convert some of that.
They will soon be buying up US assets and will soon control our economy.
Larry Foster

Some recent posts on the forum...

Unusual Business Ideas
Interesting, proven, and unusual business ideas
Entrepreneur-Web Internet Resources
Directory of resources for entrepreneurs
Best of Sowpub
Some of the best posts

This is a SOWPub Archive page