Mr. Charts
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Very politely said
I would say they are speaking through the far end of their alimentary tract.
Very politely said
I would say they are speaking through the far end of their alimentary tract.
dbphoenix
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There's a somewhat old saying: Don't tug on Superman's cape.
I assume that Cheeto-head is unaware of the fact that China holds the bulk of our debt. What do you suppose would happen if China decided to hold a big yard sale of US debt instruments?
Can you blame him. China takes the p!ss with their currency control to the detriment of any nation that wants to compete. About time someone stands up to the Sh!t
dbphoenix
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Very politely said
I would say they are speaking through the far end of their alimentary tract.
The Russians were communistic for about five minutes in 1917. After that, not so much. The Maoists, maybe a little less.
Atilla
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I'm not sure if that's fair cop???
China does not have a floating exchange rate that is determined by market forces, as is the case with most advanced economies. Instead it pegs its currency, the yuan (or renminbi), to the U.S. dollar. The yuan was pegged to the greenback at 8.28 to the dollar for more than a decade starting in 1994.
And more recently...
China Drops The Yuan's Strict Peg To The US Dollar
Why should China move away from pegged rates. Pegging is the desired route for financial discipline really. US gets to hold the dollar standard, run up enourmous debt and continue printing money trotting around the world whilst other countries do as it says.
Chinese have worked hard and sacrificed much. They deserve their growth.
I also concur, they have a command economy with free market aspects. They still have some way to go but they will be a super power sooner or later. With a billion+ super hard working population who can compete with that?
Mr. Charts
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....and saving face is important to the Chinese govt
China faces a huge problem trying to migrate its economy something that you could call normal. All those businesses over there producing cheap stuff can't survive in that climate. There is a factory there that's like a city where employees live and work there. They exist because they can profit from cheap labour. Changing their economy is going to sink these businesses which leaves you with the question of how they plan on dealing with this reality.
Mr. Charts
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.... in contrast to nice man Obama for whom no humiliation is too large.
Absent the most powerful nation from the world stage and more unpleasant countries move into the vacuum.
Absent the most powerful nation from the world stage and more unpleasant countries move into the vacuum.
dbphoenix
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May be a function of his race. Blacks, with a few exceptions, are trained to be conciliatory. Been that way for centuries. Something not easy to "overcome".
dbphoenix
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Curl up with some popcorn.
Senate Majority Leader Mitch McConnell (R-Ky.) on Monday strongly condemned any foreign interference with U.S. elections and announced that the Senate intelligence panel will investigate Russia's suspected election interference.
--Washington Post
A group of electors are calling for the Electoral College to receive a classified intelligence briefing on the Russian government’s involvement in the 2016 presidential election, as well as any information on foreign cyber attacks that could have influenced the Election Day’s final results.
--International Business Times
Senate Majority Leader Mitch McConnell (R-Ky.) on Monday strongly condemned any foreign interference with U.S. elections and announced that the Senate intelligence panel will investigate Russia's suspected election interference.
--Washington Post
A group of electors are calling for the Electoral College to receive a classified intelligence briefing on the Russian government’s involvement in the 2016 presidential election, as well as any information on foreign cyber attacks that could have influenced the Election Day’s final results.
--International Business Times
Have you been to Africa? It's anything but Conciliatory.
dbphoenix
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No, but I grew up in the South. The reference was to Obama, not to African leaders.
Atilla
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Didn't Trump invite the Russians to hack Hilary's emails so they could see the hocus pocus stuff the FBI wasn't releasing to the media?
Special invitation was sent via public airways if I recall correctly. :whistling
Pat494
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If they can prove Hillary should have won after all it would be a big relief I expect.
Same difference. As a recent example is Obama blocking the fbi from the Clinton email scandal.
That's my point. Blatant corruption which promotes anger.
