China 'caught in US money trap' - 25 May 09
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I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.
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@rosewood223 Raising the interest rate is not the solution - abolishing the Fed is the solution.
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@Rico8458 as if america bashing wasn't on anyone elses agenda before obama. bi-partisan bullshit idiots and the politicians and bankers who fleece you dunces are what'S going wrong in america
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China isnt stupid.. the US is retarded and i cant wait for them to all fail soo i can laugh at them for all the rediculous things they have done ever since i was old enough to notice.. China will rise above the US!!
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The protesters at 0:54 are awesome.
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I think one of the main problems China faces is reforming their cheap worker based labor economy to a more service and corporate based sector, as well as towards a more consumer based economy rather than production based. It would be almost an impossible feat since their population and labor force is so high, and they would have to face considerable problems and obstacles in order to get there.
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Here's the problem, China keeps it's currency artificially low, why? Because their products are cheaper for Americans to buy. If the Chinese currency skyrocketed along with a dollar collapse then Chinese goods would less likely be sold in the U.S., which is something China does not want. But what I don't understand is the value of the dollar has fallen alot, which means less purchasing power and a slower economy, China would rather see a strong dollar because more chinese goods would be sold.
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DMSskomkol CHINA bubble , ha ha ha ???? how come they are growing at 10% rate annually ,,, YOU must be mixing something ,,, CHINA produces real stuff ,,, CHINA is economic powerhouse ,,, and that is reality ,
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china is the next bubble to burst, The collapsing china will collapse the global economy , and america will explode
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China doesn't have too much money, China has too many dollars. If they had real money they could simply export it or save it.
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agreed. Even though China's exports are down, their manufacturing base is still growing. It means they are selling products, that normally would go to the US, to themselves and other countries who are more sound financially. Its the US that is in trouble and China knows they will have to take the hit on the US dollars they have amassed.
controlpopulation 2 years ago 4
Our government is spending like crazy and they are destroying our currency too. They just announced today our "stimulus" debt will be much higher than expected.
Rustyshackleford08 2 years ago 4