China reacts to new US currency bill

[Jigs]

It was him, or McCain. For me, it was clear that Obama needed to get elected, but I knew he would mess things up.

My first pick was John Edwards but he is long gone.

 

[siegecrossbow]

I think for me it was Obama and the remote possibility of McCain dying in office.

 

[CardSharp]

I think for me it was Obama and the remote possibility of McCain dying in office.

Is this what you meant?

I think Matt Daemon is the only actor I like.

 

[Chinese-Dragon]

Nice one Cardsharp, that is hilarious.

 

[StingRoy]

The problem with Obama is that he is not able to move the US economy out of the recession fast enough .... atleast not how he had promised when he was campaigning... the major hurdles he is facing is from the opposition from the republicans. Hence he has stepped up his protectionist measures for the US economy in order to force the local companies to invest in the local economy. Although in the short term it may not go well with others, but in the long term it may be beneficial if the companies capitalize on this opportunity before Obama's term ends.

 

[siegecrossbow]

Is this what you meant?

YouTube - Matt Damon Rips Sarah Palin

I think Matt Daemon is the only actor I like.

Looks like Matt is a College Humor Fan. I've even found the trailer that he was talking about.

 

[Enigma]

Lol he is like the captain of the sinking ship, trying to gather as many timber to stay afloat. Desperate soul.

 

[lcloo]

If the bill is passed, whay would happed?

US buyers move their mechandise sourcing from China to India and ASEAN, they will still facing balance of trade and enployment problem because no US owned manufactuers want to move back to USA. Thus no improvement in employment and balance of trade.

China will cut down their US treasury bill holdings, the Fed will have to print more money to buy the treasury bills. US dollar may depreciate which is good for US exporters but bad for ordinary Americans who depended on cheap imports to balance their pay check.

China may impose tariff on US goods which may result in China importing more from Europe and others at the expense of US exporters, that is bad for US exporters depending on China market. Companies like GM will face big financial problem again if their sale in China decline, may further resulted in adverse effect on their slow recovery in USA domestic market.

Can US face another recession? I doubt. China can handle well as we have seen in the last 2 years, and there is a large domestic market to be expanded many times over to absorb the loss on export to USA.

 

[bigbrother]

good move.

 

[CardSharp]

If the bill is passed, whay would happed?

US buyers move their mechandise sourcing from China to India and ASEAN, they will still facing balance of trade and enployment problem because no US owned manufactuers want to move back to USA. Thus no improvement in employment and balance of trade.

China will cut down their US treasury bill holdings, the Fed will have to print more money to buy the treasury bills. US dollar may depreciate which is good for US exporters but bad for ordinary Americans who depended on cheap imports to balance their pay check.

China may impose tariff on US goods which may result in China importing more from Europe and others at the expense of US exporters, that is bad for US exporters depending on China market. Companies like GM will face big financial problem again if their sale in China decline, may further resulted in adverse effect on their slow recovery in USA domestic market.

Can US face another recession? I doubt. China can handle well as we have seen in the last 2 years, and there is a large domestic market to be expanded many times over to absorb the loss on export to USA.

Passed the house but probably won't pass the senate

 

[applesauce]

cant you see, this is the lead up to 2012, starts with a little trade war then elections in 2012 in major countries, china, us, russia, teaparty wins, hardliners come to power in beijing, putin goes hunting,(NK get s new untested leader who is going to make a name for himself joins in on the fun) meteors stike amid world wide tension and recession due to trade wars, then the solars flares spike amid a magnetic field reversal causing wide spread black out and other problems with high tech equipment. natural disaster combined with human disasters causing the end of civilization.

or the threats are for election then afterwords business as usual.

 

[CAPTAIN AMERICA]

Here is what some rather bright people think on the subject.

Is China a Currency Manipulator? - Council on Foreign Relations

Is China a Currency Manipulator?
Authors: Stephen S. Roach, Chairman, Morgan Stanley Asia
Albert Keidel, Senior Fellow, the Atlantic Council
Charles Kupchan, Senior Fellow for Europe Studies, CFR
Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics, CFR
Alan Tonelson, Research Fellow, U.S. Business and Industry Council
Fred Bergsten, Director, Peterson Institute for International Economics

 

[siegecrossbow]

Here is what some rather bright people think on the subject.

Is China a Currency Manipulator? - Council on Foreign Relations

Is China a Currency Manipulator?
Authors: Stephen S. Roach, Chairman, Morgan Stanley Asia
Albert Keidel, Senior Fellow, the Atlantic Council
Charles Kupchan, Senior Fellow for Europe Studies, CFR
Sebastian Mallaby, Paul A. Volcker Senior Fellow for International Economics, CFR
Alan Tonelson, Research Fellow, U.S. Business and Industry Council
Fred Bergsten, Director, Peterson Institute for International Economics

Yes yes we are big bad currency manipulators please come and bomb us next and "liberate" us from the big bad CCP thank you!

 

[Chinese-Dragon]

Yes yes we are big bad currency manipulators please come and bomb us next and "liberate" us from the big bad CCP thank you!

LOL nice one.

Some people in the world... actually believe that the Chinese people as a whole do not support the CCP. They are in for a rude awakening.

And before anyone chips in with "brainwashing"... I grew up in Hong Kong where there is no state media, yet I still support the CCP. I wonder how they will explain that.

 

[siegecrossbow]

LOL nice one.

Some people in the world... actually believe that the Chinese people as a whole do not support the CCP. They are in for a rude awakening.

And before anyone chips in with "brainwashing"... I grew up in Hong Kong where there is no state media, yet I still support the CCP. I wonder how they will explain that.

Now wait till CAPTAIN start calling us Chinese communist spies or something similar. Isn't it just fun to be called a traitor by the Chinese ultranationalists and a commie by the American ultranationalists?