Comments on: Currency depreciation and global imbalances http://mpettis.com/2009/10/currency-depreciation-and-global-imbalances/ China's financial and monetary links to the world Thu, 11 Mar 2010 18:04:09 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Simon http://mpettis.com/2009/10/currency-depreciation-and-global-imbalances/comment-page-1/#comment-3506 Simon Sat, 17 Oct 2009 07:16:48 +0000 http://mpettis.com/?p=1094#comment-3506 Wonderful. Great to be able to read the comments again. I don't really have much to offer. All I can say is what gives me optimism is that I really think these web based forums are having influence. For example somehow the idea of a saving glut in the Chinese population, an offensive and antagonist idea proposed by Ben Bernanki, morphed into a realistic discussion about how savings among Chinese are a response to their culture and circumstances and spending in the US is a response brought about by their culture and circumstances and that it is more or less something that has to be addressed somehow and allocating blame is pointless and unproductive. I've probably gone far to far with that but maybe someone important will read it and say hey! Thats right! Wonderful. Great to be able to read the comments again. I don’t really have much to offer. All I can say is what gives me optimism is that I really think these web based forums are having influence. For example somehow the idea of a saving glut in the Chinese population, an offensive and antagonist idea proposed by Ben Bernanki, morphed into a realistic discussion about how savings among Chinese are a response to their culture and circumstances and spending in the US is a response brought about by their culture and circumstances and that it is more or less something that has to be addressed somehow and allocating blame is pointless and unproductive. I’ve probably gone far to far with that but maybe someone important will read it and say hey! Thats right!

]]> By: VI http://mpettis.com/2009/10/currency-depreciation-and-global-imbalances/comment-page-1/#comment-3504 VI Sat, 17 Oct 2009 02:36:47 +0000 http://mpettis.com/?p=1094#comment-3504 Hopefully, China is preparing to look inward for demand. They have quite a lot of people that will need things over the next 10-20 years... Hopefully, China is preparing to look inward for demand. They have quite a lot of people that will need things over the next 10-20 years…

]]> By: MikeG http://mpettis.com/2009/10/currency-depreciation-and-global-imbalances/comment-page-1/#comment-3494 MikeG Fri, 16 Oct 2009 12:31:51 +0000 http://mpettis.com/?p=1094#comment-3494 Just to let you know, this page is not viewable in IE8, no matter what I try. I switched over to Firefox to view it. All that is visible in IE8 where your article should be: <!--[endif]--> This has been the case on the previous 3 comments. The new article does not have this problem. Just to let you know, this page is not viewable in IE8, no matter what I try. I switched over to Firefox to view it.

All that is visible in IE8 where your article should be:

This has been the case on the previous 3 comments. The new article does not have this problem.

]]> By: Michael Pettis http://mpettis.com/2009/10/currency-depreciation-and-global-imbalances/comment-page-1/#comment-3491 Michael Pettis Fri, 16 Oct 2009 05:59:43 +0000 http://mpettis.com/?p=1094#comment-3491 This is a test. Finally the "Comments" section works again. This is a test. Finally the “Comments” section works again.

]]> By: Jay Midnyte http://mpettis.com/2009/10/currency-depreciation-and-global-imbalances/comment-page-1/#comment-3488 Jay Midnyte Thu, 15 Oct 2009 18:17:35 +0000 http://mpettis.com/?p=1094#comment-3488 Great post. The USD is accelerating it's decline as we speak! Great post. The USD is accelerating it’s decline as we speak!

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