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To: Cringing Negativism Network
Last year America bought something along the lines of 440 billion of Chinese goods and imports.

During the same time, China only bought 122 or so, billion from America. I (believe) that includes farm goods.

True as far as it goes. But what did the Chinese do with the money they didn't spend on American exports? The only thing they can do with dollars is spend them in America. So they used them to buy Treasury bonds. The dollars came home, but we now owe them to the Chinese. Not good, but at least it's the full story. Ultimately, exports and imports have to balance. If they don't balance in exchange of goods, they balance in debt.

13 posted on 04/02/2014 8:15:37 AM PDT by JoeFromSidney (Book: Resistance to Tyranny. Buy from Amazon.)
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To: JoeFromSidney

Well and huge investments in America land, and corporations. Which incidentally, are not allowed by Americans in Chinese manufacturers, or Chinese land.

All America purchasing of Chinese manufacturers is done via a Chinese majority owner, to the best of my knowledge.

There is no equivalent to Chinese investment in American land.

We need to bring back America jobs.

There is really no way to avoid this.


14 posted on 04/02/2014 8:23:16 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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