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  • China Wants to Transfer Currency Risk Back to the U.S.  [View article]
    The only thing the US has done is to change from a Toxic asset (ie. mortgage) to a toxic currency. We have taken our enormous personal debt issues and now moved them to an even bigger government debt issue. This can only lead to massive inflation and ultimately a collapse of the US citizens net worth. This will also drag down any country who owns our debt. China, are you listening!
    Mar 24 15:25 pm |Rating: +4 0 |Link to Comment
  • U.S., China Increase Trade Deficit: Win-Win Situation  [View article]
    How do you do that when governmental controls and regulations keep you from being competitive. I am an owner of a manufacturing company and I have too many people in our compnay do things that do not produce one penny of revenue, but I am REQUIRED to have them on staff. Every company that has to compete in the world market "gives international competitiveness" a high priority, otherwise we will be out of business. The harsh reality is that american workers are bloated in there self worth and this economic downturn will help to bring that down. Supply and Demand is going to force the price of labor way down.


    On Mar 18 11:13 AM Jan E. Boethius wrote:

    > The US should with time launch an effort to make US products more
    > competitive abroad. This is a challenging task but nothing impossible.
    > Something many export dependent economies are constantly doing. Important
    > ingredients are education, research and a a business community that
    > gives international competitiveness high priority.
    >
    Mar 18 12:31 pm |Rating: +1 0 |Link to Comment
  • Why the Market Wants Banks Nationalized  [View article]
    The market is not saying that at all. It is trying to tell Government to shut up and get out of the way. Government intervention has caused "most" of this mess and it is time for them to stop it.
    Mar 05 10:51 am |Rating: +3 -4 |Link to Comment
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