Nov 8th 2012, 6:51:28
China's not going to cut the credit line of their biggest customer.
Just like Japan's rise didn't mean we're all using the Yen.
Despite that bogeyman being largely a 80s/90s thing, Japan continues to buy loads of US securities because they export to the United States and need to keep their currency trading in an acceptable and stable range.
I'm not really that interest in a economic/geopolitical argument, because I am fairly certain there is going to be broad agreement.As I said I'm conservative, I prefer a unipolar world under the USA, but the Republicans really have no clue.
Yea, China is a rival, but starting a trade war over bullfluff fear tactics isn't the right way to go about it. The dems and the left actually generally have a better track record here anyways, as they are traditionally the protectionist party. The far right would sell out the USA for higher fourth quarter earnings of their SuperPAC "corporations are people too" donors, if they could.
My issue with the Republican party continues to be the willfull ignorance of their leaders, talking heads and 'soldiers' who not only believe in crazy fluff like creationism and insults minorities and women then get mad at minorities and women for rejecting their insane policies. I really don't have to say much more than the cognitive dissonance last night when the right wing pundits were so sure it would be Romney winning and or Karl Rove having a meltdown on Fox news after Ohio was called. He was still using Bush 2000 math. That's how far the party has fallen.
Just like Japan's rise didn't mean we're all using the Yen.
Despite that bogeyman being largely a 80s/90s thing, Japan continues to buy loads of US securities because they export to the United States and need to keep their currency trading in an acceptable and stable range.
I'm not really that interest in a economic/geopolitical argument, because I am fairly certain there is going to be broad agreement.As I said I'm conservative, I prefer a unipolar world under the USA, but the Republicans really have no clue.
Yea, China is a rival, but starting a trade war over bullfluff fear tactics isn't the right way to go about it. The dems and the left actually generally have a better track record here anyways, as they are traditionally the protectionist party. The far right would sell out the USA for higher fourth quarter earnings of their SuperPAC "corporations are people too" donors, if they could.
My issue with the Republican party continues to be the willfull ignorance of their leaders, talking heads and 'soldiers' who not only believe in crazy fluff like creationism and insults minorities and women then get mad at minorities and women for rejecting their insane policies. I really don't have to say much more than the cognitive dissonance last night when the right wing pundits were so sure it would be Romney winning and or Karl Rove having a meltdown on Fox news after Ohio was called. He was still using Bush 2000 math. That's how far the party has fallen.