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To: Cringing Negativism Network

I said that tongue-in-cheek :)

But I support Ted Cruz. Though have some reservation or more angst that even TC will not be able to implement some of his stated foreign policy points, no more how genuinely he means them, because once you’re actually the President, you discover that the proverbial wheel is much bigger than the President, and more complex to spin according to a President’s beliefs or wishes.

I agree the current ‘working relationship’ is one-sided. And, we’ve been building up China since Clinton yrs.

In terms of debt alone that the U.S. owes to China, in trillions, the U.S. dollar is a federal reserve currency and a currency most trade in. That has so far provided the U.S. with a ‘safety net’ and cushions negative impacts against debt and borrowing. Same time, China is addicted to U.S. ‘consumerism’ and ‘spend’. In that sense, it’s a two way relationship.

The other factor is that China is a low cost producer & can afford to flood markets (the U.S. market is huge), with goods that differentiate themselves on price vis a vis competitors, even if the quality isn’t the best; the U.S. has a different cost structure.


25 posted on 06/03/2015 4:56:10 PM PDT by odds
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no more = no matter


26 posted on 06/03/2015 4:57:01 PM PDT by odds
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