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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (880913)8/18/2015 11:32:43 PM
From: tejek  Read Replies (1) of 1578122
 
China's decision to devalue its currency is rightly seen as a threat to American workers and a violation of legitimate competition. When the price of goods offered in the global market can be slashed as the result of currency manipulation rather than having more competent workers or achieving greater production efficiency, it's not only unfair, it's an affront to the principles of free markets and free trade.

What we all have to fear is China. There are few rules and regulations that China follows with any kind of regularity. Instead, they play economic games while soiling the countryside. Like that explosion in Tianjin, one small spark could set things off and put the world in a much worse recession than 2007.
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