Chinese people have $25+trillion USD worth in their collective bank accounts + $2 trillion USD worth of paper currency floating about. 1 USD = 7 YuanTrudmp wants to make America competitive but then the Yuan will appreciate and the chinks will become wealthier even if their production falls, they still have all that accumulated created energy. They’ll buy up everything with their valuable yuan and invest in high tech and production industries plus infrastructure.And if yuan falls, then sure the people get rekt for a few years but China becomes the global factory again and on steroids this time and they win again. You can’t win.
>>524034675
>>524034675>china has a lot of worthless paper, thats why they wonlolwut?
>>524034730
>>524034675na
>>524034675It's Americans' own fault that China will rule soon and we will be in the Pax Sinica as the Pax Americana closes.America gave China its industrial capacity on a gold platter. China didn't hold a gun to our heads and demand it; it was given not only freely, but eagerly, so our CEOs and C-Suite boys and politicians could become even wealthier -- much wealthier, much faster.In the 90s and 2000s, there were even American companies that would handle all the offshoring to China for American (former) manufacturers, so that these manufacturers could sit back, collect huge paychecks, and just inspect their new Chinese factories a couple times a year. Little work, huge reward -- lazinessMeanwhile, since Deng Xiaoping's pro-market reforms beginning in the early 1980s, the Chinese people have worked harder than perhaps any population in history, while our elites sat on their duffs making money hand over fist on Chinese efficiency.And as America's working class got wrecked from the offshoring, they didn't bother to fight back, and many were enamored of the cheap, cheap Walmart prices, which came at the cost of so many of their countrymen's livelihoods. We did this to ourselves and have only ourselves to blame. China has itself to praise for seeing a good deal, taking it,, and working extremely hard. China will rule. America is folding up as an empire. We've lost our whole 21st century cycle of wars in the Middle East and now we've lost in Ukraine too. So we're going after Venezuela, a target much closer to home and in our hemisphere, just to prove that, maybe, we can beat someone. And even we may well lose, as Latin America remembers how America has treated them for 200 years since the Monroe Doctrine, and may side with Venezuela eventually, despite today's frustration with the country in Latin America, as the tide turns. And if America loses in its own backyard, the empire is over, and global hegemony shifts to China. In any case, it's over for us.
>>524034751China has savings, Americans have debts, and paper currency isn't going away anytime soon despite what the Austrian ideologues say. Plus China is buying gold hand over fist, and silver too, and even some platinum.
>>524034675China literally devalues the Yuan on purpose because that is ideal for a country that exports goods. They are not going to make it appreciate because that would fuck their manufacturing.
>>524034675dumb shit making garbage plastic dolls as a scale of their economies is not what is happening. I'm not your faggot father who informs you on homework. OP I need better giggles, got 2x more 16oz beers to finish. You sound poor and suicidal, I like it.
>>524035248This is the problem when you let short sighted companies decide your national strategy. America hasn't had strong leadership for a long time. Republicans especially are economically illiterate and have been coasting on easy culture questions.
>>524034675>the money:>Prevalent counterfeit money problem in communist mainland china. Same serial numbers made by the chink govt
>>524036086>the gold it's backed byCHINKS COPING BIG TIME TODAY KEK/thread
the american manufacturing model has shifted. domestic mass production for every item is no longer the goal. china still rules the world with mass production because the tooling and efficiency is locally clustered. they have the population to keep it running. by now it is decades in the making. the new american model of manufacturing is "you want it built? build it yourself for you and maybe a few friends. use a kickstarter. crowd fund it. design it with digital tools, even free ones. have some parts made here, some made in china. open source your designs." decentralization enabled by the internet economy and the world's factory: the chinese. the problem is the addiction to consumption, rather than balancing it out with creativity. whatever, i'm just a bot without anymore original thoughts.
>>524034675This is the best place to get a burger.
>>524036298Not really. The American model for manufacturing since 1980's was to pay manufactures in China to make your product and sell it here in America for 5x the cost.
>>524034675Quick!>lets offshore more of our vital industries to hostile foreign powers and elect more orange pedophiles!
>>524034675real estate bubble has brust.youngers cannot get jobs.deflation began.--> political crisis in China 2030s.
>>524034675Move all your shitty ramen and dog meat restaurants back into china then.>>524034730fpbp
daily reminder that china has more money than the US+Europe combined
>>524035295China has debt. Idiot
this made mutts seethe
>1pbtidI know things are bad in china. The CCP made manufacturers dump their slop on the EU market to cook the books but they sold all that shit at a loss and now the EU is pissed at china dumping tons of cheap slop in their market and are now working on ways to limit china's influence in europe.
>>524038933Fake meat with fillers injected into it. Plants grown using water tainted with heavy metals. Lead and mercury content several times what's deemed safe in the west. Enjoy losing your hair and teeth.
>>524038982>Lead and mercury content several times what's deemed safe in the west.cope
>>524039081OOPS!
>>524039081OooooOOPS!
>>524039081OOOOOOOOOOOOPS!
>>524034675We're keeping the oil *and* the tanker :^)
OOOPS!
>>524039081OOOOOOOOOOOOOOOPS!
>>524039081OOOOOOOOOOOOOOOOOOOOOPS!
>>524039081>Food delivery door dash in china kek favOOOOOOOOPS!
thank you China for giving us real goods in exchange for money that we can print so long as we have the ink to print it and the paper to print it on (both of which I assume we also buy from China)
>>524039081Imagine simping for chinkna and trying to compare it to the west kek
