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August 26, 2009
Falling dollar could dampen Chinese investment

The U.S. budget deficit is increasing. On Tuesday, the Obama administration announced it could reach $9 trillion over the next 10 years, $2 trillion more than previously estimated.

C. Fred Bergsten, the director of the Peterson Institute for International Economics, joins Martin Savidge to discuss the possibility of a fall in the value of the dollar and how a falling dollar might impact Chinese investment.

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Comments

3 comments

#3

Do you suppose, just suppose, that the fact that China has money in the bank and we(USA) are broke has anything to do with manufacturing ? Do you just suppose?

#2

Boycute chines products

#1

Not really my forte but I like to rant

China is a true double edged sword

With their interest in backing some things that could potentially damage US relations one has to wonder where the hidden agenda could lead them

For many years China has been unopposed yet still can not control their own doing, led in children toys and poison in toothpaste just to name a few points of interest

I would like to see what is in the pyramid as well as the mind of the dragon

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