[RE-wrenches] Chinese solar cells and modules and pricing

[Antony Tersol]

So if we should choose to ignore the humanitarian issues, and just
approach it from a financial sense, how does sourcing Chinese modules
improve our balance of payments?



Date: Mon, 8 Jun 2009 11:13:15 -0700 (PDT)
From: Keith Cronin <electrichi01 at yahoo.com>
Subject: Re: [RE-wrenches] Chinese solar cells and modules and pricing
To: RE-wrenches <re-wrenches at lists.re-wrenches.org>
Message-ID: <873930.98326.qm at web46108.mail.sp1.yahoo.com>
Content-Type: text/plain; charset="utf-8"

Joel

Chinese quality will improve for sure and trust is something we ought
to get used to. The Chinese own more US Treasuries than anyone
breathing on this globe, so we are married at the wallet. If our
government can have this type of relationship, it is only going to
"grow" as time moves forward. I want to more call it a shotgun wedding
of sorts- we both need each other and our parents (government) have
decided it is going to be forever.

Not to digress down an economics discussion, but their sovereign fund
is deeply embedded in our dollars, even though the yuan has gained
more in value over the last 4-5 years, hurting their investment in
"US". Our foreign deficit to them will continue, as our national debt
was 41% of the economy last year.....now this is
unsustainable.......we are over leveraged as a society as a
whole.........

I wonder who the dictators are anymore?