Wal-Mart and other economic troubles

[jamesinca]

Does anybody have a link or source for information regarding the U.S. money borrowed or loaned to communist China? How much of that debt still exist and who is still owed money in that deal? Also with a plummeting dollar how long before Wal-Mart becomes to expensive to shop at since they seem to buy most products from China?

[madrchsod]

1. the big problem

is that china keeps it`s currency fixed and that they have 100`s of billions in wal-mart dollars- the us dollar. to buy oil for their machines they have to pay in dollars to the opec-but opec is only getting 70 cents from the dollar compared to the 1.29 euro...interesting is`nt it

[kgchis]

2. Dollar vs. the deficit

I have seen this one article of how the deficit will eventually overtake the dollar. It's iteresting reading. Also, it's from the asia times and dated Oct. 14. The writing has been on the wall for a while.



http://www.atimes.com/atimes/Global_Economy/FJ14Dj01.html

[Lefty48197]

3. China has tied the value of their currency to ours

Walmart is very happy about that.