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@d2h4w No! That happened under the Hoover administration. Deficit spending and trade protectionism (State interventionism) is the way to go. Stop being a Orthodox economist. We all know that the US economy is in trouble because of the banks and house prices went bad to worse, relation between USA an china is necessarily important. High traffifs will make things bitter.
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@d2h4w devaluation renminbi against US dollars will not solve the american problems...in short term..Chinese goods will become more expensive..it will make the businessman in america to turn to indians and pakistanian's good ..instead of american shelves are filled with chinese stuff it will make the shelves filled with indian and pakistanians stuff...same problem..diferent supplier...
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Occupy Wall Street: What do we want? Welfare! Sportswears! Free education! Free housing! Free electricity! Free gas! Free KFCs! Free X-boxes!
Obama: China, Japan, Vetnam and South Korea can pay for the bill!
Occupy Wall Street: Hurray!
Romney: Yes, we can!
Donald Trump: YES; WE CAN!
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The Fallout Universe is coming true everyday we come close to the 2077 date.
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Really, I thought those bloody Brits used the Pound, why would they want to rescue the Euro since they are not necessarily affected by it? You know, the word on the "street" is that the US wants to sabotage the Euro as well...in essence, it has already accomplished that in light of these bailouts and European crises. See, these Anglo-Americans have a "special relationship" in which they want to rule the world, just look at their history if you are skeptical about this bond...
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This Guy talks total nonsense...about the british.. they are busy supporting the Euro
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This Guy talks total nonsense...
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USA just suck, that's it that's all
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MAKE LOVE NOT WAR !!!!!!!
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@wikct2 lol! list the nations we "control" please. then tell us what nation you live in so that we might show the pot calling the kettle black. then i'll list the nations under chinese control, russian control, european control etc... the only reason you don't like us is because we beat you all to the very same goal you all strived for. yet we gave back germany and japan and now they're global giants. now we're trying to do the same in iraq and afghan, but having issues but at least we're trying
Why Americans and other western powers are always so rude and control others all the time. I think the world without the control of US would be a lot more peaceful and less conflict between countries and people.
wikct2 1 year ago 17
currency manipulation is only possible because of fiat currency. under gold standard, currency manipulation isn't possible. solution: return to gold standard.
d2h4w 1 year ago 13