Economic Collapse: China Fights US Tire Tariffs! BIG TROUBLE
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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".
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We must put tariffs on China products. They have been screwing the U.S. for far too long by manuipulating its currency. China is by far U.S. biggest problem.
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"U.S. exports to China would increase if the Obama administration were to insist upon balanced trade, as permitted by a special WTO rule for trade deficit countries. He could impose an across-the-board tariff on all Chinese goods whose rate would be kept proportional to the U.S.-China trade deficit. The Chinese government would then take down its many, many barriers to U.S. products." the author: Howard Richman
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Man... Obama's trying :\.. I think they should work through WWTO to force the appreciation of their dollar. Their freakho upper class can afford paying a few more cents to their sweat shops..
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US and China getting into a protectionist trade war will just shut down the economic growth and commerce that would be required to stay ahead of debt payments.
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Because retards like you (amongst other things).
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Why?
Because no more Made In China products?
Thats not what started the depression.
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Fuck China and the global NWO
And so it begins. The great Depression of the 21st century.
Elbottoo 2 years ago 3
lol awesome!
theserf3 2 years ago