2010年10月27日水曜日

The U.S dollar needs to be a lot weaker

To go back to kilter, the U.S dollar needs to be a lot weaker to make other countries to buy products from the U.S. It is already weak but not enough.
They are trying to make as weak as they can.
Now, America looks almost collapse and in danger.

If the U.S dollar get weak, Japan or other countries will be affected.
We cannot trust exporting to the U.S market anymore, so many countries in Asia already helped but did not work well.
The situation seems like it will last longer or even gets worse.
So many countries will straggle if they rely on U.S market.

In the other way to say is that China is getting more power.
China never had too much trust in the U.S market, and China itself has become the one of the strongest countries in the world.

Moreover, China bought U.S government bond and will buy more.
There is no way that the U.S can say something against China.
Only one action from China to make the U.S to collapse.

It actually happens to Japan, too.
China started Japanese government bond.
Japanese situation now is as dangerous as American situation.
The difference is Japan has the special account.
They saved up a lot of money.

How this money is used will be the key and future.
I hope Japanese government will use the money for people in Japan, not for manipulators.

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