Author: abramicus

OPEN CHALLENGE TO CONSUMPTION-DRIVEN ECONOMISTS - REFUTE THIS, IF YOU CAN! [Copy link] 中文

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Post time 2015-10-3 20:37:10 |Display all floors
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2018 Most Popular Member 2018 Most Popular Member 2016 Most Popular Member Medal Gold Medal

Post time 2015-10-3 20:53:15 |Display all floors
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2018 Most Popular Member 2018 Most Popular Member 2016 Most Popular Member Medal Gold Medal

Post time 2015-10-3 20:58:01 |Display all floors
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Post time 2015-10-4 05:57:41 |Display all floors
CHINA'S ECONOMIC KAMIKAZE TEAM MUST BE GETTING RAVE REVIEWS FROM THEIR JAPANESE PATRONS.

CHINA IS STILL ON-TRACK FOR MORE PAINFUL LOSSES OF ITS FOREIGN CURRENCY RESERVES, STILL BEING USED TO PROP UP THE YUAN EXCHANGE RATE, NOW RUNNING AT THE SUICIDAL 6.36 YUAN/DOLLAR RATE.

THERE IS NOBODY TO BLAME BUT THOSE WHO ADAMANTLY SQUANDER CHINA'S NATIONAL TREASURES TO FOIST THEIR TROJAN HORSE OF THE OVERVALUED YUAN ON THEIR OWN MANUFACTURERS, ENTREPRENEURS, WORKERS, AND INVESTORS.

AND THERE IS ABSOLUTELY NO PERMANENT SOLUTION EXCEPT THE LONG OVERDUE RATIONALIZATION OF THE YUAN TO 6.50-7.00 YUAN/DOLLAR EXCHANGE RATE, WHEN AND ONLY WHEN CHINESE PRODUCTS AGAIN BECOME COMPETITIVELY PRICED IN DOLLARS ABROAD AND IN YUANS IN CHINA.

ALL OTHER THEORIES ABOUT THE "NECESSARY" PAINS OF TRANSITION TO AN UNSUSTAINABLE "CONSUMPTION_SERVICE_CAPITAL_ACCOUNT_SURPLUS_(MEANING ACCUMULATION OF FOREIGN CURRENCY DENOMINATED DEBTS)_ECONOMY" ARE IN REALITY, UNNECESSARY AND BAD FOR THE CHINESE PEOPLE.



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Post time 2015-10-4 09:24:06 |Display all floors

China could focus on Consumption Economy and stop buying US Treasury bonds.

By Anokanina :   

Why  China should stop buying US Treasury bonds ?  US treasury bonds have been used/abused to support American  MIC corporations .  By buying US treasury bonds, China is supporting mass killings by superelite chrisitian warmongers

In former times the wars were financed by war bonds.

Why not introduce that again, give relief to the poor old taxpayer. You would also know, how many people really do support that war/these wars. Alternatively you can point to excessive costs at every opportunity.

Last not least, China, Saudi, Japan, Germany, India, etc. have so far lent money to the US but if they were to put conditions on loans for instance 'not to be used for weapons and wars', maybe that would reduce the lust for war.

Saudi - biggest HAJ tourism venture on earth, but otherwise not worth listening to.  

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Post time 2015-10-4 12:06:19 |Display all floors
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Post time 2015-10-5 10:11:51 |Display all floors
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