The endless ideological wars against China

[think]

but wouldn't full floating currencies fix the trade deficit completely? i don't buy the US bankrupt theory yet.

 

[xifaur]

You have proved what he said no problem. Your offensive speech is a good proof.

I'm glad that I represent every hispanic and that all hispanics are drug dealers and murders! How about you divulge on what you think all "ghetto blacks" do?

 

[think]

We don't have chapters (in our history books) on any wars after 1947

the indo china 62 war was mentioned in the NCERT class X textbook of my year as far as i remember. not a whole chapter, but a paragraph was there.

 

[Chinese-Dragon]

but wouldn't full floating currencies fix the trade deficit completely?

Not at all, that is a misunderstanding of economic theory. The currency issue is only exacerbating the underlying deficit.

The essential problem is that America imports much much more than it exports. The only way to solve that is to import less, or export a lot more.

Look at this table:

http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance

No official spokesperson in the world has claimed that "floating the currency will eliminate the deficit", that is just physically impossible.

 

[siegecrossbow]

You're not supposed to use google, remember? Bad Communist racist!

Eloquently stated!! What is next, commie bogger monsters?

 

[think]

Not at all, that is a misunderstanding of economic theory. The currency issue is only exacerbating the underlying deficit.

The essential problem is that America imports much much more than it exports. The only way to solve that is to import less, or export a lot more.

Look at this table:

List of sovereign states by current account balance - Wikipedia, the free encyclopedia

you've got the causality upside down. the reason america can't export is because its exports are expensive due to an overvalued currency.
if the dollar was allowed to depreciate, the US would automatically have lower real consumption(i.e. less imports) and higher real exports.

 

[Chinese-Dragon]

Eloquently stated!! What is next, commie bogger monsters?

LOL, or even "Communist noodle-eating farmers"!

 

[Chinese-Dragon]

you've got the causality upside down. the reason america can't export is because its exports are expensive due to an overvalued currency.
if the dollar was allowed to depreciate, the US would automatically have lower real consumption(i.e. less imports) and higher real exports.

This is what you said:

but wouldn't full floating currencies fix the trade deficit completely?

This is 100% wrong.

 

[xifaur]

Guys, this guy clearly an Indian troll, how often do you think a common American know about tibet? infact my next door neighbor don't even know where is Hongkong located at. No doubt, a typical c... boy hiding behind an American flag. he is nothing but an "Identity crisis" fleak.

Not as big as the identity crisis "fleak" who is from China but who lives in his worst enemy's country (and allegedly racially inferior) Japan.

Besides, I'm hispanic, lived in the U.S. most of my life and have no problem with anyone in this world because of their race, unlike the Chinese people!

 

[think]

This is 100% wrong.

go on , explain.

 

[siegecrossbow]

I'm glad that I represent every hispanic and that all hispanics are drug dealers and murders! How about you divulge on what you think all "ghetto blacks" do?

As far as I am concerned huzihaidao didn't say anything about the hispanics and you are the one making implying stuff about African Americans.

 

[justanobserver]

the indo china 62 war was mentioned in the NCERT class X textbook of my year as far as i remember. not a whole chapter, but a paragraph was there.

offtopic:
Hmm now that you mention it, there may have been a few lines. But I can't remember anything about the 1965 and 1971 wars with Pak (from the NCERT books)

All I remember (wrt to relations with China in the NCERT book) is 'cooperation ' some mutual 'trust' thing, a huge paragraph on the Panchshila agreement (again cooperation trust ). God I hated those books !

 

[huzihaidao12]

We don't have chapters (in our school history books) on any wars after 1947

Sorry, I do not know, actually, I mean that what is history,politics is more important.

 

[Developereo]

All this talk of nuclear wars is pointless.

The whole point of having nuclear weapons is so you can do other stuff to your enemy and he can't attack you.

The various powers will attack each other in far subtler ways. Direct military conflict is only an option against an extremely weak adversary.

 

[siegecrossbow]

Not as big as the identity crisis "fleak" who is from China but who lives in his worst enemy's country (and allegedly racially inferior) Japan.

Besides, I'm hispanic, lived in the U.S. most of my life and have no problem with anyone in this world because of their race, unlike the Chinese people!

No one in China believes that the Japanese are racially inferior. We just don't believe that they are racially superior.

Quit parading the your hispanic heritage around. You are losing face for the countless harding working hispanics who are working for a better life instead of sitting around at a computer spewing nation bashing propaganda.