I guess we will be in for a blanketing western ( US ) media campaign on the evils of Chinese monetary policy similar to the one on the global threat posed by Iraq before it was invaded.
Let the Bull****ing/brainwashing begin.
Havent read it but the title says it all really.
China Won't Give Peace a Chance Amid Talks of "Currency War"
[QUOTE=STRAT;322752]Let the Bull****ing/brainwashing begin.
Havent read it but the title says it all really.[QUOTE]
China Won't Give Peace a Chance Amid Talks of "Currency War"
Yes the title said it all..The USA/Europe big boys club giving the up and comer China another poke with the big stick to conform.
USA dilemma
In times of Economic weakness lower your currency below your trading patners creates an inflation pressure to offset the deflationary pressures...gee that easy Monetary theory textbook stuff......damn!!!! our trading partners are reading the same textbook as us...
...so all the economic cot case countries lower theirs as well..Net benefit for the latest USA devaluation = zero..
.. Hey... China doing OK they should be raising their currency the textbook says so...we must tell them they have to raise their currency as per textbook..
Damn again ...China doesn't own and hasn't read and doesn't wont to read that textbook.
China says if you (USA) lower your currency and we raise ours...your $US trillion debt with us will devalue greatly..we in China don't think that is good business... USA you can't tell us what to do !!!... so go suck eggs.. damn, damn again, double damn
Hi Hoop
Dont you just love the way they throw in a completely irrelevant issue to create an emotional response that will later be associated with the real subject matter when the next bit of brain washing is exicuted.
Looks like just another example of America picking a fight to get what they want and blaming someone else for a mess created in their own back yard to me and as usual England and Europe tow the line.
More important they are looking for any way possible to get the rest of the world to carry the burden of their debt.
I guess we will be in for a blanketing western ( US ) media campaign on the evils of Chinese monetary policy similar to the one on the global threat posed by Iraq before it was invaded.
You are on to it mate. Seeing through all the BS while the printing press is working overtime.
Last edited by Dr_Who; 14-10-2010 at 12:58 PM.
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
Looks like America is going to give China bashing a rest for a bit and go back to plan A. What a hoot. Could be a good week on the ol ASX next week if they do.
Looks like America is going to give China bashing a rest for a bit and go back to plan A. What a hoot. Could be a good week on the ol ASX next week if they do.
USA really p1ssed off..it seems China is better at playing these games than they thought ....and this time dear ol' Uncle Sam is at the receiving end (for once)
Scheeish.. talking about a "pot calling the kettle black" or what..Ha
Stories like that will come thick and fast. Thats exactly what I mean by blanketing media campaign. If you say the moon is square to as many people as you can often enough in as many ways as are possible, eventually it becomes believable.
The topic of China will become number 1 on FOX news.
Actually FOX is run by Bush and his outfit. Which network does this administrations bidding?
Isnt it amazing how the format is the same as the last article mentioned on this thread. There will be a little supplementary item on how evil China is with every article released out of the US regarding the economy/US dollar. By the end of the weekend there will be 100,000 red necks believing Chinese Solar Panel manufacturers are the sole reason Americans are loosing their jobs and homes.
Lucky **** cant travel on light beams or Id have a major eye infection by now.
Anyways it looks like they will go for a combo. Plan A and Plan B. I cant wait to see what plan C turns out to be.
This guy makes sense other than that he calls Bernanki clueless when he should really be asking who does Bernanki really work for and what are the real motives behind what the Fed does.
Reply With Quote
Originally Posted by STRAT
Bookmarks