To: Stand Watch Listen; RLK
this article is written by a moron.
People are complaining about trade policies towards china, not japan. Maybe this guy is too stupid to know the difference.
The Chinese currency is set artificially low and fixed to the dollar. It has been that way for more than a decade and it has actually been devalued more than once during that time. In other words, all this idiot moron's analysis is completely meaningless with regard to china.
With a currency set artificially low as it is and not allowed to float, then our manufacturers don't stand a snowball's chance in hell to compete. Boeing, our #1 manufacturer and exporter, is now planning on exporting from Shanghai to the US its' future products. We are witnessing a complete meltdown of american manufacturing. The Chinese still refuse to buy our food. We have 5-1 ratio of chinese imports/american exports with china. It is unprecented in world history. The trade gap alone is 4.5% of our gdp, about 3 times what any other nation has experienced in world history.
To: Red Jones
this article is written by a moron. Maybe this guy is too stupid to know the difference.
-----------------------
I don't know whether its that or he is intentionall destructive.
14 posted on
12/18/2002 3:16:43 PM PST by
RLK
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson