Are U.S. Markets About to Get Drilled? [View article]
You have it backwards. China got itself into this mess with currency policy. Now it complains endlessly about an undervalued dollar. If they didn't behave this way, the "imbalances" would have corrected themselves already years ago.
On Oct 05 08:41 AM rick12345 wrote:
> The only reason the US wants a stronger yen and Yaun is because it > encourages spending, thereby reducing savings (in Japan and China > that is). You got yourselves into this mess, don't expect Asia to > get you out of it. Tax consumption like the rest of the world if > you want to reduce your deficit.
Is anyone surprised? India basically sided with the Soviet Union in the past. Working with the US has only been out of mutual interest, and India is no ally.
Chinese Consumer Growth Could Hurt U.S. - Scotia [View article]
Well there's opportunity, if China actually paid for their vast theft of software, entertainment, pharm, and so on. The piracy rates in China are staggering compared to the US and much of the west.
On Jun 16 10:44 AM Tom E. wrote:
> So if there is no chance for reciprocity of trade with China, why > do we have free trade with them?
Careful what you wish for. You might miss US dominance. Europe and others complain about arrogant Americans ignoring their concerns. Why do they think China will treat them better? If they already kill their own dissidents, they won't give a crap about foreigners.
On May 22 10:16 AM hookem63 wrote:
> If countries trade in each others' currencies, and exclude the dollar, > then perhaps we will begin to see and end to the U.S.A.'s insanity. > Buy gold and silver.
Will China End Its Co-Dependent Relationship with the U.S.? [View article]
Gosh I'm sick of hearing China complain.
They chose to intentionally deflate their currency beyond belief and restrict currency exchange. They chose to put 80+% into one bucket. They chose their reserve currency. If they wanted guarantees on their agency debt holdings, they should have bought treasuries with a smaller return. China has done all of this intentionally and then wants to portray a "poor China" image.
Last year my company started a fund to support earthquake victims in China. WHAT??! China is loaded with reserves. Why are we donating money?
Is the U.S. Dollar Headed for a Mighty Crash? Part I [View article]
Explain to me again why the US ever got into protected trade agreements with a totalitarian government like China. The US escorted them into the WTO with absolutely no conditions whatsoever. China has no qualms about stealing patented products, processes, intellectual property, pharmaceutical products, blocking US competition within China. What would the trade balance be like without this theft and fixed FX? Maybe "slightly" better?
Check out the latest consequence of their antics. Chinese counterfeit malaria drugs killing people and creating a "superbug" parasite. www.bloomberg.com/apps...
Tell me where are the lawsuits? If a US company produced lead painted toys, they would be destroyed. Heck the EU grabbed serious money from MSFT and Intel for much less of an offense.
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Latest | Highest ratedAre U.S. Markets About to Get Drilled? [View article]
You have it backwards. China got itself into this mess with currency policy. Now it complains endlessly about an undervalued dollar. If they didn't behave this way, the "imbalances" would have corrected themselves already years ago.
On Oct 05 08:41 AM rick12345 wrote:
> The only reason the US wants a stronger yen and Yaun is because it
> encourages spending, thereby reducing savings (in Japan and China
> that is). You got yourselves into this mess, don't expect Asia to
> get you out of it. Tax consumption like the rest of the world if
> you want to reduce your deficit.
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Really? Then why did they put 70% into a single asset?
Chinese Consumer Growth Could Hurt U.S. - Scotia [View article]
On Jun 16 10:44 AM Tom E. wrote:
> So if there is no chance for reciprocity of trade with China, why
> do we have free trade with them?
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This is not accurate. They ruled in a case. The Supreme Court does not pass laws.
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On May 22 10:16 AM hookem63 wrote:
> If countries trade in each others' currencies, and exclude the dollar,
> then perhaps we will begin to see and end to the U.S.A.'s insanity.
> Buy gold and silver.
Will China End Its Co-Dependent Relationship with the U.S.? [View article]
They chose to intentionally deflate their currency beyond belief and restrict currency exchange. They chose to put 80+% into one bucket. They chose their reserve currency. If they wanted guarantees on their agency debt holdings, they should have bought treasuries with a smaller return. China has done all of this intentionally and then wants to portray a "poor China" image.
Last year my company started a fund to support earthquake victims in China. WHAT??! China is loaded with reserves. Why are we donating money?
Is the U.S. Dollar Headed for a Mighty Crash? Part I [View article]
Check out the latest consequence of their antics. Chinese counterfeit malaria drugs killing people and creating a "superbug" parasite.
www.bloomberg.com/apps...
Tell me where are the lawsuits? If a US company produced lead painted toys, they would be destroyed. Heck the EU grabbed serious money from MSFT and Intel for much less of an offense.