Nation of Cool

Sammy Jankis

Sammy Jankis

Was it me?
America is totally cool.

We kick ass.

China got suckered into propping up our dollar like the fools they are. They thought it would give them leverage.

Im SO laughing.
 
AssHatZombie said:
America is totally cool.

We kick ass.

China got suckered into propping up our dollar like the fools they are. They thought it would give them leverage.

Im SO laughing.
Click to expand...

Actually China is growing in wealth, while America is growing in debt.
Jobs grew in China. They decreased in America.

Now that China has all the know how, they are pumping out billions of dollars in knock offs......

China is still better off today then they were 30 years ago. America is not.
 
wiseones2cents said:
Actually China is growing in wealth, while America is growing in debt.
Jobs grew in China. They decreased in America.

Now that China has all the know how, they are pumping out billions of dollars in knock offs......

China is still better off today then they were 30 years ago. America is not.
Click to expand...

China's per capita income is about $3,000 ours is 10x that and we get dirt cheap goods on thier slave labor wages.
 
Topspin said:
China's per capita income is about $3,000 ours is 10x that and we get dirt cheap goods on thier slave labor wages.
Click to expand...

Yes, but they get more bang for their buck in their country. Though not on the international level.

But what do you think will happen when China decides to unpeg their currency to the dollar?

If the GDP is any indication of the value of the currency? China's currency will be valued way more than the US dollar.

And the US dollar's advantage of being the favoured international currency is only temporary. That will be another blow to the American currency and therefore America's buying power will decrease.
 
wiseones2cents said:
Yes, but they get more bang for their buck in their country. Though not on the international level.

But what do you think will happen when China decides to unpeg their currency to the dollar?

If the GDP is any indication of the value of the currency? China's currency will be valued way more than the US dollar.

And the US dollar's advantage of being the favoured international currency is only temporary. That will be another blow to the American currency and therefore America's buying power will decrease.
Click to expand...

grind your now getting into economics, good

They won't appreciate much because we won't pay a whole lots more for the garbage they are selling us.
 
wiseones2cents said:
Yes, but they get more bang for their buck in their country. Though not on the international level.

But what do you think will happen when China decides to unpeg their currency to the dollar?

If the GDP is any indication of the value of the currency? China's currency will be valued way more than the US dollar.

And the US dollar's advantage of being the favoured international currency is only temporary. That will be another blow to the American currency and therefore America's buying power will decrease.
Click to expand...

But china would lose it's position as low cost manufacturer to the world. It's a gotcha.
 
Topspin said:
grind your now getting into economics, good

They won't appreciate much because we won't pay a whole lots more for the garbage they are selling us.
Click to expand...

When they decide to do re-evaluate their currency? Their economy will not be dependent on American imports. They are already making alot of trade alliances.

Therefore America will be irrelevant.
 
I have already predicted many years ago, when China re-evaluates their currency? They will have enormous purchasing power and they will go on a global buying spree.....The buying spree has already begun.
 
And how is all the wealth being sucked dry from America without a peep from the population? Thanks to a huge distraction called the war on terror. Which is just a manufactured threat by global elites.
 
AssHatZombie said:
The society will be in chaos from losing all manufacturing jobs. You can't just retool the society overnight.

The Sino-Fantasy is an illusion.
Click to expand...

They will be buying their own products, just like the USA's economy started. Then after building deficits and creating more debt then they could handle? The US had to expand its capital markets. Using all kinds of slave labour around the world to mine their resources needed to accumulate wealth to pay for it. Sounds like the Roman empire to me....

Whether China will go down that same path is yet to be determined. Though right now? China is definitely on the rise.Not decline.

And it wont happen over night. The wheels are already in motion....
 
China kicks ass because of its adherence to family values and respect of traditions. The only thing holding it back from being a superpower is its government. In contrast, our culture is turning to shit, and our government has been shit for some time and just getting worse.
 
Southern Man said:
China kicks ass because of its adherence to family values and respect of traditions. The only thing holding it back from being a superpower is its government. In contrast, our culture is turning to shit, and our government has been shit for some time and just getting worse.
Click to expand...

Nope.The only thing that has held China back is corruption. Financed by foreign elites.
 
wiseones2cents said:
They will be buying their own products, just like the USA's economy started. Then after building deficits and creating more debt then they could handle? The US had to expand its capital markets. Using all kinds of slave labour around the world to mine their resources needed to accumulate wealth to pay for it. Sounds like the Roman empire to me....

Whether China will go down that same path is yet to be determined. Though right now? China is definitely on the rise.Not decline.

And it wont happen over night. The wheels are already in motion....
Click to expand...



Wheels stop often.
 
wiseones2cents said:
Go read up on history and see what role Europe, especially Britain played in China's downfall.....

Communism was their way of retaliating. Though European elites were able to tighten the screws....
Click to expand...

This isn't about history, but the present. China's elites in its commy government are corrupt.
 
no_fate_resize.jpg
 
You must log in or register to reply here.
Back
Top