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To: shrinkermd

“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.”

************

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)


95 posted on 11/21/2007 11:12:04 AM PST by Hunterite
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To: Hunterite
“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.”

Europe and Asia got a free ride because America was always there to consume [with borrowed money]????

That statement actually made me laugh [both at you and the state of our education system]. You must have attended public school.
97 posted on 11/21/2007 11:15:25 AM PST by dollarbull
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To: Hunterite
Europe and Asia have received a free ride since America has always been the consumer of last resort

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?

98 posted on 11/21/2007 11:15:34 AM PST by AndyJackson
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