Quote:
Originally Posted by Sinestra
Out of all the countries we have discussed i would like to hear some opinions on where you think China, Japan and the US will be in 2-5 years time.
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In the long run...
China - GDP should flourish again but this time based less on export and more on internal consumption if the government plays its cards right (which it is by stimulating internal consumption through government rebates and infrastructure construction).
Japan - GDP would stablise as long as they export more to Asia since US is practically broke, they should be alright (hence the political shift towards China and Asia in general).
USA - They are debasing their currency by running the printing press 24/7, so the US dollar value is going to hit the floor and the US economy will implode caused by double digit inflation and then double digit interest rate (if they don't want to turn it into a hyperinflation situation), by how much, we don't know but this one will hurt. There is a possibility that the US dollar will not longer be the world reserve currency.