“There is a coming competition of currency devaluation that will result in another trade war. Europe and Asia have received a free ride since America has always been the consumer of last resort with a strong currency.”
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What the hell is China going to buy from us? THEYRE COMMUNIST SLAVES WITH NO MONEY To SPEND! If the Chinese economy busts, the government will just sweep in and take their money. THEYRE COMMUNISTS!
STUPID FREE-TRADERS! (not you)
When you consume someone else's production in exchange for currency that the federal reserve creates in the banking system, who is getting the free ride?