Both countries do need each other, Chinese money would be useless is no one can borrow it, its like a Bank without lending Lots of Chinese factories closed due the recession , difference is Chinese media is censored China also has an impending real estate bubble, which may cause another Global crisis The real upcoming economy is Brazil
--- On Sat, 1/16/10, Douglas Onyango <[email protected]> wrote: From: Douglas Onyango <[email protected]> Subject: Re: [LUG] OT- Google and China To: "Linux Users Group Uganda" <[email protected]> Date: Saturday, January 16, 2010, 6:49 AM I agree, China which is the biggest lender to the US with Japan who is second in line total upto about 44% of the US debt. Now considering the fact that every country has been very loathsome about investing in the US in the form of lending and coupled with China's continued efforts in finding virgin territory to sell her products, i think i can place my bet with China staying up. These guys have showed a form of dynamism and ability to adapt very fast in the internet market, where they outsmarted any foreign investors http://www.nytimes.com/2010/01/16/technology/16failure.html as well as the way they came out of the recession "looking" unscathed Regards, Douglas Onyango +256(0712)981329 Life is the educators practical joke in which you spend the first half learning, and the second half learning that everything you learned in the first was wrong. --- On Sat, 1/16/10, Paul Bagyenda <[email protected]> wrote: From: Paul Bagyenda <[email protected]> Subject: Re: [LUG] OT- Google and China To: "Linux Users Group Uganda" <[email protected]> Date: Saturday, January 16, 2010, 5:08 PM No decently-priced economist believes this anymore! P. On Jan 14, 2010, at 17:25, Niles Collins wrote: > As much as the US needs China for that credit line, China needs the US > because we buy all their products. If the US stopped buying Chinese made > products and China called in the debt owed by the US I think that China would > blink first. This might turn into the beginning of that struggle. > _______________________________________________ > LUG mailing list > [email protected] > http://kym.net/mailman/listinfo/lug > %LUG is generously hosted by INFOCOM http://www.infocom.co.ug/ > > The above comments and data are owned by whoever posted them (including > attachments if any). The List's Host is not responsible for them in any way. > --------------------------------------- > _______________________________________________ LUG mailing list [email protected] http://kym.net/mailman/listinfo/lug %LUG is generously hosted by INFOCOM http://www.infocom.co.ug/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. --------------------------------------- -----Inline Attachment Follows----- _______________________________________________ LUG mailing list [email protected] http://kym.net/mailman/listinfo/lug %LUG is generously hosted by INFOCOM http://www.infocom.co.ug/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ---------------------------------------
_______________________________________________ LUG mailing list [email protected] http://kym.net/mailman/listinfo/lug %LUG is generously hosted by INFOCOM http://www.infocom.co.ug/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ---------------------------------------
