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Originally posted by kronnikx
We shouldn't be slaves to the Chinese just because they are criminals... The only reason we have these problems is because China has been manipulating currency.. They buy our dollars and sell their yuan.. which makes their money worth a lot less and ours go up.. then they sell their exports 40% under the true value which makes it nearly impossible for us to compete. We keep printing money and they keep buying it. So, it seems as though the dollar is strong enough to produce more at that moment when in reality our dollars haven't gotten stronger they've just been bought by the Chinese with their worthless currency. Now when they stop buying and selling currency their yuan will skyrocket in value as the dollar drops off or if we're lucky remains steady.. China wants yuan to become the global trade currency.. But, then the fed has just made matters worse because they are about to print $600 billion more dollars we have no gold to back. It's almost as if this was a planned crash..
Originally posted by whatukno
reply to post by saltheart foamfollower
Anything on the subject or are you just going to succumb to ad hominem attacks about anyone you feel slighted by?
Of course, had you actually read the article instead of just seeing Bloomberg and going into a rant about the person, you would realize that he believes that the new incumbents are illiterate as far as foreign policy goes. But you wouldn't know that because you failed to read the article, choosing instead to go on a hyper partisan rant on the subject.