 Hip Shops
|
|
Active Journals
|
|
|
10-07-2010, 05:51 AM
|
|
Senior Member
|
|
Join Date: Apr 2007
Location: midgard
Posts: 3,004
|
|
Currency war goes global
|
|
|
|
10-09-2010, 05:26 PM
|
|
|
Hip Forums Webmaster
Posts:11925
|
The US is losing the currency war because the dollar is being devalued everytime a new $ gets printed up or electronically "appears" in some account.
The US has so much debt, and China so many US$ that it behooves the US to print more $ just to lessen the leverage China has over the US.
The truth that no one wants to admit is that the Chinese, Saudis and Japanese "OWN" us.
We must do their bidding too, and that sticks in the craw of American politicians.
But of course the Bushes were just fine kowtowing to the Saudis and Japanese. It's just that they still look down upon the Chinese because believe it or not, they're still COMMUNIST!
So even though the US thinks it won the cold war, we've bought everything we own (and are in debt over) from the Commies...
Congrats China! Time to kowtow everyone! Time to honor our communist overlords.
|
|
|
|
 |
10-09-2010, 06:31 PM
|
|
|
Pedestrian
Posts:4442
|
i'll have chop suey for lunch . . .
|
|
|
|
|
10-09-2010, 09:00 PM
|
|
|
Senior Member
Posts:3004
|
|
|
|
|
|
10-09-2010, 09:06 PM
|
|
|
Hip Forums Webmaster
Posts:11925
|
Funny thing is, it's really a co-dependency between the US and China now.
For instance they wouldn't try to hurt us since they have so much to lose in so many ways if they did.
If there truly was a currency war, with China having so much US currency, it's not in their interests to devalue it or revalue their own currency higher.
Guess we're all really in the same boat. And as China goes, so goes the US now, and vicey versey!
|
|
|
|
|
10-09-2010, 09:32 PM
|
|
|
Senior Member
Posts:3004
|
They wouldnt hurt us- Im not sure but Im sure that we will hurt them as long as we have the weapons technological advantage, otherwies we are screwed since way too degenerated after so much capitalist growth.
http://www.cdc.gov/obesity/causes/economics.html |
|
|
|
|
10-10-2010, 05:49 AM
|
|
|
Senior Member
Posts:3004
|
|
|
|
|
|
10-10-2010, 06:10 AM
|
|
|
Slightly Popular
Posts:17699
|
Quote:
Originally Posted by midgardsun
|
Don't devalue your rather nice thread with this type of trash.
Infowars? seriously? Isn't that sooo 2005? |
|
|
|
|
10-10-2010, 06:20 AM
|
|
|
Senior Member
Posts:3004
|
|
|
|
|
|
10-10-2010, 06:40 AM
|
|
|
Senior Member
Posts:3004
|
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|
Latest Poll
|
|
Latest News
|
|
Latest Videos
|
|
