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To: Olog-hai
The US dollar is backed up by the disproportionate political, economic and military hegemony of the United States.

Despite the economic malaise Obama has brought us through, and the constant exaggerated refrain that "we don't make anything anymore, China does" and "China owns us and buys our debt", no other country comes close.

China may make our toys, but we make their medical equipment, aircraft, vehicles and industrial machinery.

I don't believe either the idea that a country would prioritize damaging the USA over their own well-being.

30 posted on 06/10/2014 3:41:21 PM PDT by Corporate Democrat
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To: Corporate Democrat

“Disproportionate”? In whose view?

Stuff the liberal propaganda. The trade deficit speaks volumes, and it certainly does not bespeak dependence on the USA of any sort.


31 posted on 06/10/2014 3:45:36 PM PDT by Olog-hai
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To: Corporate Democrat

Nobody believes that other countries would damage their own economies to get back at the USA? It’s already happened, unless everyone forgot what happened in 2008.


32 posted on 06/10/2014 3:46:24 PM PDT by Olog-hai
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