Posted on 10/13/2013 10:57:23 AM PDT by RKBA Democrat
If Mao can hear them from where he is chained in Hell — then Mao would approve.
And the Free Traders who support Free Trade with Communist China support all this
You raise tariffs on the Communist Chinese products...and this nonsense stops
And so the USA officially attains 3rd world status thanks to the big eared donkey(democrat) Obama
“If Mao can hear them from where he is chained in Hell — then Mao would approve.”
Most definitely. The tactics have changed, but the end goal hasn’t.
That slogan makes no sense.
Russian President Shows “New World Currency” At G-8 Summit
http://www.worthynews.com/8371-russian-president-displays-new-world-currency-coin-at-g-8-summit
“And so the USA officially attains 3rd world status thanks to the big eared donkey(democrat) Obama.”
Don’t forget to thank diane feinstein as well.
Currently there is no currency that is worthy enough to replace it, but that does not mean that one cannot rise to the necessary standard.
“Currently there is no currency that is worthy enough to replace it, but that does not mean that one cannot rise to the necessary standard.”
The Chinese are trying:
http://www.freerepublic.com/focus/f-news/3078394/posts
They’re not doing this because they think gold is pretty. They’re looking to be the next reserve currency complete with significant gold reserves to back it.
Indeed they are, in numerous ways. Resources and technology, they have about cornered the world's supply of rare earth elements, excluding Russia, and would delight in issuing the world currency of exchange for petroleum, commodities and fungibles.
The Middle Kingdom, run by Communist Oligarchs. ........Think about that sentence.
Will YObama and the dimocraps blame Bush or the Republicans when the US has to buy the new world currency with inflated US dollars in order to buy foreign oil.....which we don’t need to do because we can become self sufficient.....if the dimocraps quit promoting “environmental concerns”.
What keeps USA prominent is an
innovating nature and strong work ethic,
both are waining rapidly.
The Chinese version of
Communism / Mercantilism / Capitalism
Is designed to win the long race.
If they can fix their problems with Corruption,
Inverted Population Curves 117:100 Male/Female,
and build a strong middle class...
Yup.
China has taken advantage of America for a full generation.
American businesses are now almost all, sold out.
BRING THEM BACK.
Now.
A lot of the worlds population is much more concerned about their economic well being than they are about personal liberty.
It will never happen. For a lot of reasons. They can’t even float their currency now and it’s hard to get ahold of any yuan denominated bonds. No one trusts that government with a significant amount of money, most especially their own elite. They remain relatively poor, a per capita of like $11,000 with a generous PPP. Their working age population has peaked and is in decline.
Also, there isn’t enough gold out there. Most gold is paper IOU’s. The gold market is tiny compared to the US bond market.
China is screwed and they now it. Because if the dollar crashed their central bank, holders of 2 trillion plus in dollars, is bankrupt. And they are blocked from significant purchases in the West, unless you count housing in Palo Alto.
Where are you going to put your money ? If the U.S. goes, the entire world goes. There is nothing to replace it and there won’t be for as long as the horizon.
To be honest, if there was default on short term treasuries, people would probably just move into 10 year and we would see an inverted curve.
Rare earth elements aren’t rare. They are just extremely polluting, which is why the U.S. doesn’t mine its own significant supply. That can change with one piece of legislation.
“”US fiscal failure which warrants a de-Americanized world””
De-Americanized world? That is inevitable as a result of the De-Americanized America we have under Obama.
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