Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
China is in worst shape that the US. They will never let the dollar depreciate against the yuan. You know they don't have social security in China, when it is impossible to find another job, workers will rather kill their managers if there are layoffs.
http://www.itulip.com/forums/showthread.php?t=11091
If the US wants to devalue the dollar, it will have to find some other ways - such as imposing a subsidy on exports or...... a tax on imports. ;)
Originally posted by c1ue
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China is in worst shape that the US. They will never let the dollar depreciate against the yuan. You know they don't have social security in China, when it is impossible to find another job, workers will rather kill their managers if there are layoffs.
http://www.itulip.com/forums/showthread.php?t=11091
If the US wants to devalue the dollar, it will have to find some other ways - such as imposing a subsidy on exports or...... a tax on imports. ;)
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