Trump, Bannon and the Coming Crisis

[Mikebert]

(02-11-2017, 07:08 PM)SomeGuy Wrote: They have since been selling them to prevent a precipitous decline in their currency, and are down to a little over $1 trillion.  A breakdown in trade between the two would obviate the need for this process.  They are already struggling to compete on price terms with newly industrializing countries in SE Asia/Bangladesh.

This is confusing. If they are struggling to compete on price terms they would *want* a decline in their currency.