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Inflation in China has left the poor all but unable to purchase shelter and food,

and they are attempting to slow their growth without causing world wide damage. With the second largest economy in the world, every move they make has a ripple effect throughout the globe.

If inflation is causing problems in China for the poor, will the coming intended inflation in the US cause the same problems for our poor?

Answer Question
 
lovinangels

Asked by lovinangels at 11:40 AM on Nov. 13, 2010 in Politics & Current Events

Level 39 (112,638 Credits)
Answers (6)
  • http://news.yahoo.com/s/time/09171203080600;_ylt=Av9XpPcvsWcad9w0MYJNfDi9F4l4;_ylu=X3oDMTJ1OTF0dWc4BGFzc2V0Ay9zL3RpbWUvMDkxNzEyMDMwODA2MDAEY2NvZGUDbXBfZWNfOF8xMARjcG9zAzYEcG9zAzYEc2VjA3luX3RvcF9zdG9yaWVzBHNsawNjYW5jaGluYXRhcHQ-
    lovinangels

    Comment by lovinangels (original poster) at 11:40 AM on Nov. 13, 2010

  • It wouldn't if we quit getting all our crap from there.
    Anonymous

    Answer by Anonymous at 12:08 PM on Nov. 13, 2010

  • With the # of young Chinese citizens increasing, andthe ability for that large group to get global information, it's only a matter of time before those workers revolt. Food + shelter= the reality of life for most citizens in third and 2.5 world countries-

    Sisteract

    Answer by Sisteract at 12:49 PM on Nov. 13, 2010

  • And with George Soros all set up in his newest Hong Kong office, it's just a matter of time before he screws with their economy and topples it!

    And if that happens, and China decides it needs to collect on those many IOU's we've been writing them, then what?!?!? Not good, not good at all...but then again I'm just one of those "irrational fear-mongers!" ;o)
    LoriKeet

    Answer by LoriKeet at 1:36 PM on Nov. 13, 2010

  • You know, George Soros is as soft as a baby's butt.

    What you talkin' about?
    He's just a generous little old man!
    mustbeGRACE

    Answer by mustbeGRACE at 1:57 PM on Nov. 13, 2010

  • Yes it will.
    itsmesteph11

    Answer by itsmesteph11 at 10:15 AM on Nov. 14, 2010

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