@stealthpakfa I agree. China will survive fine with out America. Their currency will go up while the dollar goes down and suddenly chinese people will afford the goods they have been manufacturing.
...and this is why China is selling silver ingots to its' citizens. They will have to back the currency somehow and shore up against the inflation of the Yuan. It's a classic catch 22.
@stealthpakfa I agree. China will survive fine with out America. Their currency will go up while the dollar goes down and suddenly chinese people will afford the goods they have been manufacturing.
JCGCINC 3 weeks ago
Ahh, so every single American person don't work in a factory and every CHinese person work in a factory.
I didn't know this, This video was so informational! THank you!!
SpicyHam 4 months ago
so thats why they buy american debt? american bonds
HardCoreProgrammer1 5 months ago
@uturniaphobic well said.
BenZeneProject 1 year ago
...and this is why China is selling silver ingots to its' citizens. They will have to back the currency somehow and shore up against the inflation of the Yuan. It's a classic catch 22.
BenZeneProject 1 year ago
this is some what true.
nuggert 1 year ago
this theory that without americans buying chinese goods, that china will have no jobs are insane conspiracy theories made up by some ignorant nutjob.
stealthpakfa 1 year ago
LMFAO!
muahahhahaha
this video makes it sound like the only buyer of chinese goods are americans.
like other parts of the world are empty without clothes, toys,furniture,electronics,machinery etc.
the facts are that america only consumes 17% of total chinese exports.
24% is consumed by europe.
and the other 59% is consumed by eastern asia, southeast asia, latin america, central america, africa, russia, pacific, emerging markets, middle east.
stealthpakfa 1 year ago 2
lol..lol.. no more jobs in USA... the Chinese will do it for you lol..lol..
gobitz 1 year ago
China could write that amount off and not even blink. As for selling to America to survive
I'll just point you all to history and the Silk Road
uturniaphobic 2 years ago