If China's economy fails what happens to the USA?

Answer 1

China's economy can't fail... they have all the money in the world. Once they take the artificial caps off the yuan and opoen their currency for investment the dollar, yen and euro will be worthless. Unless China starts buying up those currencies as they buy up those countries.

Answer 2

in case you will possibly study added records you will possibly understand your question is approximately 12 months previous. The economic equipment in China has began to have issues, the real sources marketplace and the intake of the products being made in China have the two had severe equipment defects. This alongside with the unemployment interior the U. S. at a three year low and forecast to proceed to say no. the standard of living interior the U. S. has not at all fell everywhere on the threshold of what that's in China, even on the greater serious component to the down turn. i assume it sounds solid to you once you're making those statements yet to the the remainder of the human beings who do study the international information you merely sound....nicely uniformed may be the high quality thank you to place it. in keeping with risk this form of uneducated feedback make you sense such as you do understand and understand some economics.

Answer 3

It would be bad for USA in many ways, good in a few. China's demand for commodities like oil, cement, metals would decline and would lower prices and profits in those industries.

For consumer goods imported from China, the price would initially go really low, as China struggled to ignore what was happening. Thats what they will do because they are a dictatorship which also guarantees employment to all people. Instead of shutting down troubled plants, they will keep them running. The excess goods produced will accumulate and prices will go down to the point that they bankrupt. Then the prices will accelerate as the goods become scarce.

Answer 4

If China has economic problems, we have INFLATION problems and skyrocketing interest rates because the Chinese are no longer buying our government securities and the dollar goes down so that everything we buy from overseas is stunningly more expensive.

China economic failure = USA stagflation.

Answer 5

in simple language if china s economy fails it will reduce price of everything they produce to increase their sale and they almost produce everything. This will kind of force every other country to reduce their prices to compete china in the market so this will effect every country.

Answer 6

Americans Labor's worth increases

Answer 7

Wal Mart profits take a brief tumble, but recovers after US factories once again increase production of domestic goods!

Answer 8

Don't worry about it, the Chinese economy won't fail. I'd be more worried if it strengthens beyond that of the USA.

Answer 9

Some american politician will feel this is the best opportunity to attack China.

Answer 10

We (America) won't have to pay them back for all the money we need to borrow from them to maintain our consumerist society.

or

They will call in all the money we borrowed from them to finance our consumerist culture. This will require a nuclear retaliation cause we ain't payin anybody anything.