To keep their currencies cheap against the dollar, China and other foreign governments buy billions of dollars of U.S. government securities. Foreign government purchases of U.S. securities drive down long-term interest rates, and these make possible inexpensive mortgages and home equity loans.
There's likely what's at the bottom of our housing bubble.
By buying U.S. govt securities, they also keep the value of Chinese good less expensive to us than our own manufactures.
Those SOB's are screwing around with OUR economy to benefit their own.
End free trade, now!
Check out "COMMUNIST GOALS" number, 4:
"4.
Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war."
http://www.freerepublic.com/forum/a3adc7bc61fc7.htm