Quote:
Originally Posted by r00t
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I remember China's currency manipulation in recent times to compete with the dollar. The other examples including Europe's failed austerity measures make your post highly informed. I guess in the end it's the difference between using devaluation to fund public works projects versus paying the most colossal debt in human history.
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I would invest now heavily and push the debt down the line until a huge natural gas export boom that will happen in the next 5 to 10 years. Pay ad much as possible down then. Keep a 3% deficit ish with a decent reserve until the Chinese come calling after they inevitably have some sort of govt collapse and need their investments returned to keep afloat.
This will never happen while we have an obstructionist house and senate majority with no backbone.