And the bad news is that the US is really the "smaller twin"
and THUS less likely to survive any "seperation."
Any attempt to revalue the Chinese currency will cause massive inflation inside the US...AND WILL INCREASE THE TRADE DEFICIT GREATLY!
THERE IS SIMPLY NOTHING THAT THE US CAN "SELL" CHINA, OR ANYONE ELSE NOW...THAT CAN'T BE GOTTEN CHEAPER AND BETTER SOMEWHERE ELSE IN THE MIGHTY "GLOBAL ECONOMY"...
AND THAT IS REALLY, REALLY SAD...THE ONCE MIGHTY US ECONOMY HAS BECOME AN ECONOMIC "BACKWATER" OF ASSET BUBBLES, DEBT AND FOOLISH MILITARISM
BUT IT IS ALAS, THE LONG TERM CONSEQUENCES OF "REAGANOMICS" AND THE GREENSPAN BUBBLE YEARS...
