Yes, it's based on the reality that it actually produces something real. Manufactured goods.And China and the value of the Yuan is based on reality ?
What's the USA exporting lately??? US bonds??? That's like exporting IOU's.
Yes, it's based on the reality that it actually produces something real. Manufactured goods.And China and the value of the Yuan is based on reality ?
Most of China's manufacturing has been for US consumption. And they didn't do such a good job at it either.By underbidding Chines manufacturing? How do you win a race to the bottom drurry?
Most of China's manufacturing has been for US consumption. And they didn't do such a good job at it either.
Oil & Gas for starters.What's the USA exporting lately??? US bonds??? That's like exporting IOU's.
Oil & Gas for starters.
US is a big exporter, check it out.
These sh^tholes haven't been able to develop a market in the past 1000 years, what's changed??Now they will turn and develop itself and India as its own market, that has a far bigger potential then N. America.
That is because the US buys the crap to sell to the US Citizens. China produces quality items for their own people and valued customers like everybody except NATO countries.Most of China's manufacturing has been for US consumption. And they didn't do such a good job at it either.
Big spread on LNG prices tho.Oil's not doing that great lately has it?
That is because the US buys the crap to sell to the US Citizens. China produces quality items for their own people and valued customers like everybody except NATO countries.
These sh^tholes haven't been able to develop a market in the past 1000 years, what's changed??
I've never been quite able to understand the recent policies of OPEC. In the case of Saudi Arabia it clearly makes for sense to sell 5 million barrels of oil a day at $100 a barrel than 10 million barrels a day at $30. One day I expect OPEC will figure it out.
It's all about their interruptation of the supply/demand economic model. They want the high cost producers otta the picture.I've never been quite able to understand the recent policies of OPEC. In the case of Saudi Arabia it clearly makes for sense to sell 5 million barrels of oil a day at $100 a barrel than 10 million barrels a day at $30. One day I expect OPEC will figure it out.
It's all about their interruptation of the supply/demand economic model. They want the high cost producers otta the picture.
The US has something like 40% of all the wealth in the world. No problem for the US,Their faith in the American dollar's value, and the American ability to pay all those IOU's with anything real of true value.
Why else would they stop using the petro dollar and use their own yuan to buy oil?
be.
The US has something like 40% of all the wealth in the world. No problem for the US,
You're a dreamer, get over it!!!That wealth or value is based on the demand of the green back, as being in high demand for being used as the world trade reserve for purchases between most countries on the planet.
That also means the American wealth would drastically drop if that global demand for green back dollars would fall, if countries decided to stop using American money to buy and sell goods internationally.
only quality thing china produces is hilarious buck Owens impressions dummy.That is because the US buys the crap to sell to the US Citizens. China produces quality items for their own people and valued customers like everybody except NATO countries.
You're a dreamer, get over it!!!
The US is the most powerful, the most educated, the most democratically experienced, the one with the longest history of success, the one where people die to enter, of ANY country in the whole wide world.
Get as many green backs as you can if you want a good retirement.
It will last forever and it will continue to bail out other sh^thole countries like Russia.As long as the world continues to use American money for world trades, you guys will remain on top. How long this will last is guess work.