The united Nations of the Chinese and United States???

I don't get why this is bad.

 

The borrower is servant to the lender. China basically haggled with the Treasury about how much they were paying through Wall St firms so in order to keep borrowing endlessly we catered to them.

This means the US undergos austerity in the future under China's terms, unless the Fed attempts to inflate indefinitely due to strong opposition towards austerity.

 

Well, there is good news in that some manufacturing jobs are returning to the United States, from China, as in this WSJ story on video about a Whirlpool plant in Ohio, and other corporations which are now hiring.

American Manufacturing Makes a Comeback - MarketWatch Video

 

Oh yeah, a weak dollar that results in lower real wages for the working class american which therefore helps us compete Chinese labor is great news..

I dont know about you, but i'd rather have a strong dollar since we're essentially a country that imports everything.



End the Fed.

 

We need a strong dollar AND American manufacturing jobs.

 

that should secure Ohio for Obama

good job WSJ.

 

Both will vanish after the so called election.

 

This, a stronger dollar with the abolishing of minimum wage, insurance, OSHA, unions and social security laws would be amazing for the unskilled workforce in America and bring many companies back.

 

They already have, but I agree it will get even worse after the election.