| 回答: 也談中國外匯儲備 由 天下無馬 於 2006-12-07 19:56:57 Like the US in 1920s as the world largest manufacturer,
China is expanding herself into severe overcapacity. The
trouble will start when the demand comes down as debt-laden US
consumers are forced to cut back on consumption in order
to finance the coming baby-boomer retirement.
China will then have to:
1. open new markets; and/or
2. destroy some capacity.
This is what wars are meant to do in history.
For Chinese Americans who have established homes in US,
think ahead: who will be the most convenient scapegoat
the US politicians love to point out to the angry US
consumers? One can always hide his head in the sand; but
don't forget that when thing get really bad, it is most
likely also the worst time to sell one's trapped assets.
Just "add some feet to your excellent painting of a snake"
:)
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