To: Helicondelta
The clothing/sock industry went to South America then even they lost the jobs to China over time. Competing with a country that devalues it’s currency is not free fair trade.
3 posted on
02/20/2016 2:59:45 AM PST by
LowOiL
(Woe to you when all men speak well of you, for that is how their fathers treated the false prophets.)
To: LowOiL
China is going to have a reckoning. I don’t think it is far off.
4 posted on
02/20/2016 3:04:35 AM PST by
DB
To: LowOiL
competing against a country that uses slaves doesn’t seem fair or right either. Go Trump.
14 posted on
02/20/2016 3:21:37 AM PST by
RC one
(I will vote for the Republican nominee period. end of story.)
To: LowOiL
China doesn’t really “devalue” its currency. It’s hard to devalue a currency that is already worthless.
20 posted on
02/20/2016 3:50:16 AM PST by
Alberta's Child
(Bye bye, William Frawley!)
To: LowOiL
Yup... devaluation of currency is wrong, which of course was the complaint of the BRIC nations when the US devalued the dollar in 2009 to boost exports. The problem with China now is not an undervalued currency but an overvalued currency. The Chinese government has propped up Renminbi because if it free floated it would crash.
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