Without_a_car Clutched August 3, 2011 Share August 3, 2011 So even if US maintain AAA rating.. Well it will make no difference.. very soon China will shift away from USD. what will china shift to? ↡ Advertisement Link to post Share on other sites More sharing options...
Yewheng Twincharged August 3, 2011 Share August 3, 2011 (edited) what will china shift to? Don't know.. [laugh] I only know USD cannot sustain for long.. very soon China will just move away from USD la.. shift to where, I really have no idea.. ( not as if i know everything.. [laugh] I just follow news trend and could only see this coming, the rest where China want to focus to etc.. all don't know lao.. ) Edited August 3, 2011 by Yewheng Link to post Share on other sites More sharing options...
Icedbs Turbocharged August 3, 2011 Share August 3, 2011 sori hor...singapore property index still climbing new highs, you sure you can read technicals? Not the property index la.....that is a bloody lagging indicator. What I mean is the real estate indexes which shows the overall performance of the stock prices of the real estate companies in SGX. That one will give you a lead indication on how the property prices are going to be in time to come. Mr.Market always sense it first before the people on the street. Link to post Share on other sites More sharing options...
Old-driver 5th Gear August 3, 2011 Share August 3, 2011 Don't know.. [laugh] I only know USD cannot sustain for long.. very soon China will just move away from USD la.. shift to where, I really have no idea.. ( not as if i know everything.. [laugh] I just follow news trend and could only see this coming, the rest where China want to focus to etc.. all don't know lao.. ) Hahaha... if you knew you'll be a rich man Link to post Share on other sites More sharing options...
Yewheng Twincharged August 3, 2011 Share August 3, 2011 Hahaha... if you knew you'll be a rich man Ya lor.. Link to post Share on other sites More sharing options...
Old-driver 5th Gear August 3, 2011 Share August 3, 2011 Ya lor.. But if you are sure they will `abandon', or should I say reduce their reserves on the Dollar, short it! Link to post Share on other sites More sharing options...
Old-driver 5th Gear August 3, 2011 Share August 3, 2011 Actually not many options for them to hoard their reserves also.. Link to post Share on other sites More sharing options...
Icedbs Turbocharged August 3, 2011 Share August 3, 2011 Actually not many options for them to hoard their reserves also.. They are diversifying into gold. Bank of Korea has just started doing it. I am pretty sure many central banks will start doing the same. Link to post Share on other sites More sharing options...
Yewheng Twincharged August 3, 2011 Share August 3, 2011 (edited) But if you are sure they will `abandon', or should I say reduce their reserves on the Dollar, short it! Most likely put ceiling on how much China to buy US treasury bond.. China cannot totally abandon USD as China holds too much already. So maybe slowly pull off, once China slowly pull off from USD, other countries will follow suit.. and that's when US will face trouble, and their country inflation will start to sky rocket, and when that happen, it will depends on which countries pull off USD the fastest already. So that will be collapse of USD due to US face hyperinflation. Edited August 3, 2011 by Yewheng Link to post Share on other sites More sharing options...
Old-driver 5th Gear August 3, 2011 Share August 3, 2011 Most likely put ceiling on how much China to buy US treasury bond.. China cannot totally abandon USD as China holds too much already. So maybe slowly pull off, once China slowly pull off from USD, other countries will follow suit.. and that's when US will face trouble, and their country inflation will start to sky rocket, and when that happen, it will depends on which countries pull off USD the fastest already. So that will be collapse of USD due to US face hyperinflation. Few years ago everyone will say this is inconceivable... but it does look like a reality now Link to post Share on other sites More sharing options...
Yewheng Twincharged August 3, 2011 Share August 3, 2011 (edited) Few years ago everyone will say this is inconceivable... but it does look like a reality now Don't know what will Apple, Microsoft company be like? I mean their main base is in US. And just iPhone, ipad, itouch, Microsoft OS and many Microsoft product.. Apple and Microsoft dominate... Edited August 3, 2011 by Yewheng Link to post Share on other sites More sharing options...
Joseph22 Turbocharged August 3, 2011 Share August 3, 2011 Don't know what will Apple, Microsoft company be like? I mean their main base is in US. And just iPhone, ipad, itouch, Microsoft OS and many Microsoft product.. Apple and Microsoft dominate... think they will have record profit as their main earning is from other country. so they might actually earn more because of weaker USD Link to post Share on other sites More sharing options...
Acieed 1st Gear August 3, 2011 Share August 3, 2011 Not just Apple and Microsoft. Think Intel, Nike, Boeing, Chevron, Exxon Mobil, IBM, Pfizer, Merck,... , many major industries where Fortune 500 U.S. companies are dominant players. Weaker USD makes their exports more competitive, but also makes their overseas operations more expensive. They will need to move more of their critical operations back home in U.S. which also help create jobs back home - this is already happening now in some U.S. industries, and then move more low and mid-level operations to India and Vietnam. Don't know what will Apple, Microsoft company be like? I mean their main base is in US. And just iPhone, ipad, itouch, Microsoft OS and many Microsoft product.. Apple and Microsoft dominate... Link to post Share on other sites More sharing options...
Yewheng Twincharged August 3, 2011 Share August 3, 2011 (edited) think they will have record profit as their main earning is from other country. so they might actually earn more because of weaker USD I mean if USD collapse.. what will it be like for Apple and Microsoft ? Shift their main base to other country ? or drag down by collapse of USD? Than what will happen to many people who hold iphone, or using Microsoft OS ? Edited August 3, 2011 by Yewheng Link to post Share on other sites More sharing options...
Yewheng Twincharged August 3, 2011 Share August 3, 2011 (edited) Not just Apple and Microsoft. Think Intel, Nike, Boeing, Chevron, Exxon Mobil, IBM, Pfizer, Merck,... , many major industries where Fortune 500 U.S. companies are dominant players. Weaker USD makes their exports more competitive, but also makes their overseas operations more expensive. They will need to move more of their critical operations back home in U.S. which also help create jobs back home - this is already happening now in some U.S. industries, and then move more low and mid-level operations to India and Vietnam. True.. what will happen to all those company be like when USD collapsed ? Edited August 3, 2011 by Yewheng Link to post Share on other sites More sharing options...
Jman888 Moderator August 3, 2011 Share August 3, 2011 I mean if USD collapse.. what will it be like for Apple and Microsoft ? Shift their main base to other country ? or drag down by collapse of USD? i can buy ipad 2, Macbook Air, iMac, Mcbook Pro at cheaper price :D Link to post Share on other sites More sharing options...
Acieed 1st Gear August 3, 2011 Share August 3, 2011 (edited) Why would it be a problem for Apple and Microsoft ? Their greatest assets are talents and U.S. continues to have a huge talent pool for them. It will more costly for them to operate overseas if USD crash. They will continue to export high quality and popular products and services, and people will continue to buy them giving them higher USD profits. Even if they don't produce goods, their IP and patents continues to generate revenue for them. In this respect, Singapore is in a much more volatile position because we are so dependent on foreign talents and investments. How much IP do we own ? How much of our own talents have we developed ? Do we have strong branding and technology ? I mean if USD collapse.. what will it be like for Apple and Microsoft ? Shift their main base to other country ? or drag down by collapse of USD? Than what will happen to many people who hold iphone, or using Microsoft OS ? Edited August 3, 2011 by Acieed Link to post Share on other sites More sharing options...
Yewheng Twincharged August 3, 2011 Share August 3, 2011 i can buy ipad 2, Macbook Air, iMac, Mcbook Pro at cheaper price :D Probably won't even have it in near future already. ↡ Advertisement Link to post Share on other sites More sharing options...
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