in fact, China and USA are the real "evil axies" !
it is US and China that cooperate to exploit resource-selling countries !
China go on buying US T bond and peg on US dollar. then, US dollar will still be the global-dominant currency.China can earn more and more US dollars because Chinese export can rocket on.
When devalued USD has price of oil and other raw resource raised,the pegged RMB also has the price of Chinese goods raised. So, the rocketing price of oil and other raw resource won't bother China at all .
So,we can see a evil triangle-trade here. USA uses devalued green notes to take trillions of industrial goods
from China. then China uses those devalued green notes to take oil and other raw resource from Africa, MD and other developing countries.
Don't you think China and USA are the real "Evil Axis"?
Anyone that thinks China looks at the US as anything but a cash cow is naive.They have underbid just about every type of manufacturing possible. To top it off they keep their currency low in value to increase their position as a leading source of goods. They will soon surpass the US and it will not come as a surprise when they start jacking up prices. That will come when they eliminate the competition.
Reply:No, (choose one; liberals, socialists, communists, Democrats, totalitarians) are the axis of evil.
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KrazyKyngeKorny (Krazy, not stupid)
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Reply:No, but the current US administration is part of the "Evil Axis" along with about every other government on Earth. America is a good country, but the current government does not reflect that and only cares about money and power, which most governments in the world only care about.
Reply:Ah... that's not pleasant to think about.
Maybe evil is where you find it. Everywhere.
Reply:So you should vote for a true conservative to stop spending in washington and bring the dollar's value up, right? Heeeellllloooooo come back to the real world hippy.
Reply:In fact..The Joker, The Penguin, The Catwoman, The Riddler,
and Mr. Freeze are the "Evil Axis" in an old Batman Movie
Reply:The only "evil Axis" I see are your parents because of you!
Reply:No.
Reply:No way.
I guess you think exploiting resource-selling countries is worse then supporting terrorist who murder thousands of people.
Reply:Personally I like the devalued dollar because it makes American goods cheaper globally. This has already started to have an impact on the trade deficit.
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