Comments on: Don’t trade with China, they offer too good a deal! Part 3 http://blog.riseofreason.com/don%e2%80%99t-trade-with-china-they-offer-too-good-a-deal-part-3/274/ The freedom to reason. The reason for freedom. Fri, 30 Dec 2011 12:24:10 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: charleydan http://blog.riseofreason.com/don%e2%80%99t-trade-with-china-they-offer-too-good-a-deal-part-3/274/comment-page-1/#comment-805 charleydan Sat, 10 Jan 2009 20:23:20 +0000 http://blog.riseofreason.com/?p=274#comment-805 Mute issue really. Why? Devaluation of the dollar. China, and many other foreign countries have said they want the dollar no more. They even went so far as to say, USA needs to export more and import less. What caused this? Kissinger signed with Saudi that USA develop oil fields but the oil would be bought with USA currency. That opened the door for all foreign countries wanting to import to America to get green backs to purchase oil. This also moved many industries abroad. The government forgot about imports in return. So the imbalanced occurred and now time to pay. Devaluation in the dollar against other currencies will make greenback worthless so Imports will be fewer then exports to bring all them greenbacks home. Welcome to the new economy controlled by Big Daddy G who thinks he knows more what I need then I do myself. Mute issue really. Why? Devaluation of the dollar. China, and many other foreign countries have said they want the dollar no more. They even went so far as to say, USA needs to export more and import less.

What caused this? Kissinger signed with Saudi that USA develop oil fields but the oil would be bought with USA currency. That opened the door for all foreign countries wanting to import to America to get green backs to purchase oil. This also moved many industries abroad.

The government forgot about imports in return. So the imbalanced occurred and now time to pay.

Devaluation in the dollar against other currencies will make greenback worthless so Imports will be fewer then exports to bring all them greenbacks home. Welcome to the new economy controlled by Big Daddy G who thinks he knows more what I need then I do myself.

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