convex
16 Nov 2010
News / WHY IS POLAND STILL GIVEN THE COLD SHOULDER? [197]
Nice fantasy, the US makes up about 15% of Chinese total trade with the world. The majority of their dollar holdings are in Fannie and Freddie, and they've already quickly diversified into non dollar holdings over the last couple of years...while still being the largest foreigner buyer of US debt (by far).
Germany still has a positive trade balance with China...I've always wondered why Poland didn't follow the German labor model. Seems it is poised in a position to be an incredibly strong specialized export country.
Without the American market, bye bye China.
Nice fantasy, the US makes up about 15% of Chinese total trade with the world. The majority of their dollar holdings are in Fannie and Freddie, and they've already quickly diversified into non dollar holdings over the last couple of years...while still being the largest foreigner buyer of US debt (by far).
Germany still has a positive trade balance with China...I've always wondered why Poland didn't follow the German labor model. Seems it is poised in a position to be an incredibly strong specialized export country.