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overtheedge
Member since May 2012
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How China Destroys America

- Andy Hoffman -

“HOW CHINA DESTROYED AMERICA.”

Uh-huh. So it is all China's fault. No mistakes were made in the good old USA. We always encourage savings in the USofA. We don't print money willy-nilly. We don't encourage over-extended people to consume, consume, consume. We don't demand the lowest prices on consumer goods. And we always buy locally produced goods. Most of all, we always take responsibility for all of our actions. Unlike some other countries we won't name, we always pay our debts promptly.

Ranting Sgt. Schultz says, "I know nothing." And that is obvious.

I suppose it's not whether you win or lose, it is where you place the blame. Ergo “HOW CHINA DESTROYED AMERICA.”

Commented 4241 days ago

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Beginning of the headline :The Yuan – or Renminbi – is the national currency of China. Few understand its inner workings, as – like most Chinese financial data – transparency is limited; particularly regarding the currency; which has been “pegged” to the world’s major currencies for two decades… The Forgotten Peg: Chinese Yuan and U.S. Dollar Per the chart below, the Yuan/Dollar exchange rate was UNCHANGED from 1993-2005;... Read More

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