Use access key #2 to skip to page content.

starbucks4ever (98.28)

Idiot of the day: House of Representatives

Recs

9

September 30, 2010 – Comments (5)

The House is begging China to do what's in China's own interests, without wining back any American jobs. The maximum this trade war can achieve is relocation of a few sweatshops into the neighboring Vietnam.

5 Comments – Post Your Own

#1) On September 30, 2010 at 9:51 AM, rofgile (99.30) wrote:

That's a fairly simplistic analysis.  What about our imports into China?  Such as cars..?  These would get a big benefit..

 -Rof 

Report this comment
#2) On September 30, 2010 at 9:58 AM, rd80 (98.44) wrote:

+1 rec just for the title.

Report this comment
#3) On September 30, 2010 at 10:04 AM, miteycasey (31.39) wrote:

+1 rec just for the title.

Report this comment
#4) On September 30, 2010 at 10:04 AM, starbucks4ever (98.28) wrote:

rofgile,

More likely, China will increase its imports from Vietnam, Thailand, Laos, and Korea. American cars will still remain too expensive for China. 

Report this comment
#5) On September 30, 2010 at 10:30 AM, SkepticalOx (99.43) wrote:

rofgile,

I don't understand your point. It's not as if the U.S. isn't doing things to manipulate it's own currency through different means. It also has a host of other structural problems that need to be resolved. It's easier to blame someone else. 

Report this comment

Featured Broker Partners


Advertisement