Added: 2 years ago
From: economyincrisis
Views: 213
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  • Actually the Chinese has no choice but to buy our Treasury bond. So I am not too worry about the Chinese trying to dump Treasury bonds. They have tried it in 2010 already and they have failed. "free trade" is not what we want... "fair trade" is. China is ripping off America. The way I see is, China is peddling "economic cracks" with cheap / bad products into US market. The more we buy from "made in china", the more we destroy our own economy. Don't buy "made in china".

  • Overregulation, out of control government spending, bailouts, printing trillions of dollars, falsely adjusting interest rates lower, backing bad business debt, backing bad mortgage debt, and now protectionism are going to drive this country the way of zimbabwe (inflationary depression). Sadly only a minority of experts understand this problem which translates into an even smaller minority of american citizens understanding this problem. American's need to swallow the tough medicine.

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