RE: RE: Can we have some serious dn here?Muffler,
"When the 2nd American Revolution really gets rolling, and the $USD collapses, who are the Chinese going to sell their goods to?"
First of all...........I don't think anyone will allow a second U.S. revolution to take place, but let's assume something of that nature really happens.
Where did he U.S. sell their goods when they were manufacturing a long time ago? Well, take all those countries and replace the U.S. with the word "China" where it says "main supplier". Name a country in the world and I'll bet China is selling to it, except for a very few. China sells to the whole world, Muff. What makes you think that the U.S. is going to maintain its top position in consumerism when China and India get a middle class?
The U.S. will not be their main client anymore when other economies come to grow. Get a feel for how big China really is and how much money they have taken from the rest of the world, and you'll understand that the tides are changing. The U.S. will not have the same influence as a market as it had a long time ago. Where an American would purchase things for his home and leisure, now it will be the Chinese and Indian and the Indonesian fellow doing so. The thought that the U.S. could "rule the world" forever is ludicrous and just too simple. We have to accept the reality that they were wrong in their thought process. It is said that China made it initial money by smartly grabbing the U.S. market and making the U.S. dependent on Chinas continued purchasing of U.S. treasuries. I am told that now other markets have opened up to China and it has started to create its own market from within, China may very well soon be able to run along nicely without too much selling to the U.S. Yes, the U.S. used to hold the cards, but it may well be China that holds them currently, and I think we need to get accustomed to that.
To think that China is currently counting on the U.S. for its survival is somewhat lacking a forward vision to what China has been doing for the last few decades. China has a culture of being able to plan ahead and has done so for centuries..........it knows what will happen if the U.S. monetary policy fails and has long since prepared for it by making sure it is present in nearly all of the worlds markets.
Don't kid yourself, Muff...............Just because the west doesn't understand how the Chinese think doesn't mean the Chinese are any less able than they truly are.
Just my humble opinion.
cheers,
vwig.