I was wondering this morning how Chinese people are stupid, and Europeans and so on.
Everybody is so eager to produce to export to US to be paid...in dollars.
And how Americans are smart paying with freshly printed paper.
Chinese do not want to see that they work for getting back paper.
If I was in the Chinese government, since they are so good in copying, I would just print dollars and pay the production to be exported with paper home made.
I would then give the production to the people for the current value in Yuan, making a huge internal market.
Why should they keep alive a zombie economy, where they consume products of others giving them paper in exchange?
Wouldn´t it be time to stop pretending?
This could also be good for America.
They would HAVE to produce again.