- This topic has 75 replies, 16 voices, and was last updated 17 years, 3 months ago by sdnativeson.
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August 8, 2007 at 10:46 AM #71810August 8, 2007 at 10:48 AM #71813BoratParticipant
Finally large companies care much more about their own bottom line; not the welfare of the US government.
Exactly, SD Realtor. Here’s a good example of that.
August 8, 2007 at 10:48 AM #71929BoratParticipantFinally large companies care much more about their own bottom line; not the welfare of the US government.
Exactly, SD Realtor. Here’s a good example of that.
August 8, 2007 at 10:48 AM #71939BoratParticipantFinally large companies care much more about their own bottom line; not the welfare of the US government.
Exactly, SD Realtor. Here’s a good example of that.
August 8, 2007 at 10:54 AM #71822stansdParticipantI’ve been thinking about this one over the last couple of days. My conclusion (no surprise here) is that Congress contains a bunch of self-promoting jackasses.
I’m no expert on China, but I’m smart enough to know that the more we publicly pressure them to devalue the yuan, the less likely they are to actually do it. If Congress really wanted to accomplish something rather than pat themselves for toughness on their proverbial backs, they’d quietly use shuttle diplomacy to accomplish their ends.
The last thing the Chinese government wants is to look like it caved to U.S. pressure. Their interests and ours our already aligned-they have an inflation problem, we have a trade deficit. I wish our leaders would shut up and focus on really accomplishing something rather than grandstanding for votes while underminining the very thing they profess to want.
Stan
August 8, 2007 at 10:54 AM #71938stansdParticipantI’ve been thinking about this one over the last couple of days. My conclusion (no surprise here) is that Congress contains a bunch of self-promoting jackasses.
I’m no expert on China, but I’m smart enough to know that the more we publicly pressure them to devalue the yuan, the less likely they are to actually do it. If Congress really wanted to accomplish something rather than pat themselves for toughness on their proverbial backs, they’d quietly use shuttle diplomacy to accomplish their ends.
The last thing the Chinese government wants is to look like it caved to U.S. pressure. Their interests and ours our already aligned-they have an inflation problem, we have a trade deficit. I wish our leaders would shut up and focus on really accomplishing something rather than grandstanding for votes while underminining the very thing they profess to want.
Stan
August 8, 2007 at 10:54 AM #71949stansdParticipantI’ve been thinking about this one over the last couple of days. My conclusion (no surprise here) is that Congress contains a bunch of self-promoting jackasses.
I’m no expert on China, but I’m smart enough to know that the more we publicly pressure them to devalue the yuan, the less likely they are to actually do it. If Congress really wanted to accomplish something rather than pat themselves for toughness on their proverbial backs, they’d quietly use shuttle diplomacy to accomplish their ends.
The last thing the Chinese government wants is to look like it caved to U.S. pressure. Their interests and ours our already aligned-they have an inflation problem, we have a trade deficit. I wish our leaders would shut up and focus on really accomplishing something rather than grandstanding for votes while underminining the very thing they profess to want.
Stan
August 8, 2007 at 11:04 AM #71966Sandi EganParticipantwith China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card.
More like husband and wife.We need to start producing goods for export again here at home so that we can even the playing field a bit.
+1August 8, 2007 at 11:04 AM #71957Sandi EganParticipantwith China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card.
More like husband and wife.We need to start producing goods for export again here at home so that we can even the playing field a bit.
+1August 8, 2007 at 11:04 AM #71841Sandi EganParticipantwith China as the our factory/bank, US as the leading consumer/debtor. It is like you and your credit card.
More like husband and wife.We need to start producing goods for export again here at home so that we can even the playing field a bit.
+1August 8, 2007 at 11:24 AM #71967The-ShovelerParticipantNor_LA-Temcu-SD-Guy
Is anyone out there noticing the Ten year ???
Quite a sell off today.
August 8, 2007 at 11:24 AM #71976The-ShovelerParticipantNor_LA-Temcu-SD-Guy
Is anyone out there noticing the Ten year ???
Quite a sell off today.
August 8, 2007 at 11:24 AM #71850The-ShovelerParticipantNor_LA-Temcu-SD-Guy
Is anyone out there noticing the Ten year ???
Quite a sell off today.
August 8, 2007 at 11:52 AM #71989SD RealtorParticipantSaw that tg… more then 12 basis points last I checked…
I think that the ignorance of our senate and house is clearly evident when they talk tough about trade sanctions and such with China. There really is not an easy solution here. Our own industry leaders have taken full advantage of the capitalistic society we promote so blaming them or forcing them to relocate for the security of our nation seems hypocritical. Yet my personal feelings about that are definitely mixed. I cannot fathom that China actually produces components for alot of our military equipment but there is no denying that. Furthermore the reality that this will be the new world leader is also something I tend to live in denial about though I know it to be true.
With all that said, I don’t believe China is in a position right now to shake out our economy with a bond market sell off and crash the dollar. Someday they most likely will be though.
SD Realtor
August 8, 2007 at 11:52 AM #71982SD RealtorParticipantSaw that tg… more then 12 basis points last I checked…
I think that the ignorance of our senate and house is clearly evident when they talk tough about trade sanctions and such with China. There really is not an easy solution here. Our own industry leaders have taken full advantage of the capitalistic society we promote so blaming them or forcing them to relocate for the security of our nation seems hypocritical. Yet my personal feelings about that are definitely mixed. I cannot fathom that China actually produces components for alot of our military equipment but there is no denying that. Furthermore the reality that this will be the new world leader is also something I tend to live in denial about though I know it to be true.
With all that said, I don’t believe China is in a position right now to shake out our economy with a bond market sell off and crash the dollar. Someday they most likely will be though.
SD Realtor
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