America now 3rd world

Watermark said:
You said they were worthless. Something that is worthless cannot go down in value.
Click to expand...

Worth little is what I mean. And the value can be inflated away anytime the fed decides to do it. Or it's value can also plummet due to other international factors.

Stop using idiocy to hide your basic inability to understand inflation and currency.
 
Look around your homes. How much of your property is made in China? Most, maybe all. How much in USA? Little, maybe none.

How many manufacturing production jobs in China? More than 100 million. How many in USA? 14 million.

I know this because I am resident USA now.

Yes we import your wheat although we produce more that you do. So?

We also import your steel regardless of the fact we make far more and better here!

Soon we will provide even the cars you cling to although you cannot afford to fuel them!

How much of your Treasury debt is held by the People's Republic?

Now tell me, who owns whom?
 
yellow_peril said:
Look around your homes. How much of your property is made in China? Most, maybe all. How much in USA? Little, maybe none.

How many manufacturing production jobs in China? More than 100 million. How many in USA? 14 million.

I know this because I am resident USA now.

Yes we import your wheat although we produce more that you do. So?

We also import your steel regardless of the fact we make far more and better here!

Soon we will provide even the cars you cling to although you cannot afford to fuel them!

How much of your Treasury debt is held by the People's Republic?

Now tell me, who owns whom?
Click to expand...

If you are a citizen of China you don't own anything. You are owned by your government.

I prefer my freedoms. But thanks for making the cool stuff.
 
Solitary said:
If you are a citizen of China you don't own anything. You are owned by your government.

I prefer my freedoms. But thanks for making the cool stuff.
Click to expand...

You really didn't address his very valid points. You blustered your way through with jingoistic slogans.
 
Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China.

I own little, yet I owe nothing.
 
yellow_peril said:
Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China.

I own little, yet I owe nothing.
Click to expand...

So tell me genius, what's China going to do with all those notes if US reneges as banana republics do? BTW, if you haven't noticed, a substantial number of US citizens own guns, wouldn't be afraid of using them. So China decides to send military? They'd be cut down on the ground. Bomb us? There goes all those 'assets.'
 
AssHatZombie said:
You really didn't address his very valid points. You blustered your way through with jingoistic slogans.
Click to expand...

His points are nonsense. I am not denying that China is a major economic power. But when the majority of citizens of his country are living in poverty, calling us broke is laughable.

And the freedoms I speak about are much more important than the volume of wheat or national debt.

I remember the student protesting in Tiananmen Square.
 
yellow_peril said:
Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China.

I own little, yet I owe nothing.
Click to expand...

Oh, so your leaders deliberately held down the standard of living for your people and you think THAT is worth bragging about???

You own little? YOu own nothing. Your gov't owns everything.




You have not addressed anything about the freedoms we enjoy that many of your people would (and have) die trying to get?

I borrowed $4k? Hmm. I think I have that much in extra ammunition. I am sure I could sell a car and pay you back.
 
Solitary said:
Oh, so your leaders deliberately held down the standard of living for your people and you think THAT is worth bragging about???

You own little? YOu own nothing. Your gov't owns everything.




You have not addressed anything about the freedoms we enjoy that many of your people would (and have) die trying to get?

I borrowed $4k? Hmm. I think I have that much in extra ammunition. I am sure I could sell a car and pay you back.
Click to expand...

Our freedoms are fading solitary, because of globalists zealot like yourself, shortsighted and stupid.
 
yellow_peril said:
Your racist bravado is baseless.

China will be number one soon, followed by India. Perhaps USA can manage 3.
Click to expand...

Ok, lets see if I have this right.

If what you say is all true *cough*, and China is the most powerful nation, and we are trying for third place, I still have more freedom and a higher standard of living than the average person in China.

So you are bragging about what?
 
yellow_peril said:
"Look around your homes. How much of your property is made in China? Most, maybe all. How much in USA? Little, maybe none. "

LOL.... true, we do hire others to do the simple tasks such as manufacturing.

"How many manufacturing production jobs in China? More than 100 million. How many in USA? 14 million."

Again, this is because we CHOOSE to produce in China rather than in the US. How many of those Chinese manufacturing jobs are a result of US companies producing there?

"Yes we import your wheat although we produce more that you do. So?"

So, it means we are self sufficient and you are not. You rely upon others to provide you with grain. We do not.


"Soon we will provide even the cars you cling to although you cannot afford to fuel them!"

The US auto industry is better than China... that should tell you how poor the Chinese automakers are. Japan will be producing the bulk of our vehicles... not China.

"How much of your Treasury debt is held by the People's Republic?"

Roughly $800 billion.

Now tell me, who owns whom?
Click to expand...

Again, what happens if the US decides to cease production of our goods in China? Instead moving it to Indonesia, Taiwan, India etc...
 
Superfreak said:
Again, what happens if the US decides to cease production of our goods in China? Instead moving it to Indonesia, Taiwan, India etc...
Click to expand...

That's a big "if" thre superfreak. China is the darling of all international corporations, explicitly because of their willingness to dehumanize their workers.
 
Watermark said:
Well, for one, China has no right to do that, and if they did try to do it we would just refuse to grant the request. We are under no absolute responsibility to repay the money immediately. It wouldn't even affect our credit rating amongst other nations to ignore the Chinese request, since it's such a ridiculous request and immediate recall wasn't part of the loan agreement.
Click to expand...

While this is true for the debt and what HAS been loaned, it is not true for what we need to borrow for the deficit. The Chinese are all ready starting to balk at buying yet more American debt, hell I am too, it's ridiculous both in the scope and in this absurd suicidal Keynesian notion that we can pay it off in the "good times". There is no assurance of good times and even when they have occured in the last few decades no debt was ever paid down.
 
yellow_peril said:
Look around your homes. How much of your property is made in China? Most, maybe all. How much in USA? Little, maybe none.

How many manufacturing production jobs in China? More than 100 million. How many in USA? 14 million.

I know this because I am resident USA now.

Yes we import your wheat although we produce more that you do. So?

We also import your steel regardless of the fact we make far more and better here!

Soon we will provide even the cars you cling to although you cannot afford to fuel them!

How much of your Treasury debt is held by the People's Republic?

Now tell me, who owns whom?
Click to expand...

Neither owns either.

You are progressing from an agricultural economy to a manufacturing economy. America has already progressed beyond that. If services are "worthless" and manufacturing is the only thing that creates "real worth", then you should try to tell the people in the market who are buying are services like crazy.
 
You must log in or register to reply here.
Back
Top