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Message: Re: Reality Check/The beginning of the end for the U.S. Dollar as the World's Fo
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Jul 26, 2012 10:37AM
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Jul 26, 2012 11:49AM
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Jul 26, 2012 12:32PM
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Jul 26, 2012 12:56PM
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Jul 26, 2012 12:59PM

Where do you think China got all of their wealth! It is mostly USA dollars created by USA rebulding factories in China for cheap labour. China taking over UK ingenuity re Hong Kong. It's China dumping their gift of USA dollars all over the world buying up equity.

Every single item made in USA can be made at 1/10th the cost in China but sold back to the US at top US dollars. Why do you think USA wants the Chinese Yuan to float and the Chinese refuse to allow it. USA is a cash cow to China. Let them end USA dollar as the World's currency. We'll see how long forward the Yuan is 17 cents to the $1USD. Not likely China wants that to happen.

You can't even buy a golf club made in America. There is no more textile industry in the USA for one itsi-bitsi example. They all went to China. Even if USA factories repartiate back to America, the factories are still over there. We built their military arsenal. Chinese are have perfected copying. There is no originality there.

I'm for USA.

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