Zorkorist
Diamond Member
- Apr 17, 2007
- 6,861
- 3
- 76
Please, America was fucked the second we started allowing China to peg their currency and cause a labor arbitrage.
As far as the Fed's printing, look at what's happening. We have exported a shit-ton of inflation and caused even more by making the Chinese print money in order to keep the peg operational. This means that QE actually caused huge inflation in China, making their wages skyrocket. Now companies like Foxconn are considering shipping jobs here as the labor arbitrage, inclusive of transportation and manufacturing hassles, if shifting.
Bullshit, bullshit, bullshit - take a breath of fresh air - bullshit, bullshit, bullshit.
17 trillion dollars in debt, is not anything, any society or government, would hope to emulate.
-John
