Amusing bit from a financial pundit
- I found this bit in an article about the impending implosion of the US
housing bubble and declining purchasing power of the dollar.
[...]Perhaps a good start along the comeback trail might be loading US
bound cargo ships, which will surely contain fewer and fewer consumer
goods in a deteriorating US dollar environment, with Chinese bicycles
while in return Americans send the Chinese their cars. With oil prices
headed to the stratosphere as the US dollar declines, Americans won't
be in a position to afford to drive them anyway.
Those thinking this may not be a fair deal need only remember all the
years Americans received real goods from the Chinese in exchange for
worthless IOU's. With that reality as a backdrop, and given the great
shape Americans can get into utilizing their new methods of
transportation, the Chinese would actually be doing us a favor.[...]