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-   -   Tillerson plans to skip NATO (http://www.politicalchat.org/showthread.php?t=11578)

Rajoo 03-23-2017 12:04 PM

Quote:

Originally Posted by nailer (Post 350978)
What does this have to do with devaluing the dollar,starting an economic war with China and putting our economy in the tank?

Not a Friedman fan here.

Is it OK then for China to keep the Yuan artificially low to tank the US economy?
As for your comment, just an explanation as to how we became a debtor nation.

MrPots 03-23-2017 12:19 PM

Quote:

Originally Posted by Rajoo (Post 350983)
Is it OK then for China to keep the Yuan artificially low to tank the US economy?
As for your comment, just an explanation as to how we became a debtor nation.

Well, you know what they say, there is no honor among capitalists and thieves

nailer 03-23-2017 08:04 PM

Quote:

Originally Posted by Rajoo (Post 350983)
Is it OK then for China to keep the Yuan artificially low to tank the US economy?
As for your comment, just an explanation as to how we became a debtor nation.

I don't think the Chinese are keeping the Yuan artificially low in order to tank the US or any other economy that is a major buyer of Chinese products. Maintaining a relatively low Yuan keeps Chinese exports attractively priced which keeps Chinese factories busy and its economy growing.

We became a debtor nation under the greatest generation every. We baby boomers are just following in their footsteps although doing it bigger and better.

MrPots 03-23-2017 11:37 PM

Who's footsteps? I'm pretty sure the boomer generation pretty much owns the level of greed and narcissism of it's generation all into itself. In fact it produced none other than Donald Trump.


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