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To: Rocket Red who wrote (59223)11/13/2010 12:31:40 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 233807
 
If you look at USA manufacturing... they do not compete with China.. they compete with Germany and such.. USD/YUAN talk is red herring IMO.. Imagine how much pay cut US workers would need to take to produce Barbie and Ken competitively with China.. LMAO.. no way.. They couldn't afford bus fare... Or Smith & Wesson or Glocks.. never mind mortgage payments.. Even Walmart bullets would be too pricey :O)

Hotwheels would die :O)

EDIT . look at Germany... they compete there



To: Rocket Red who wrote (59223)11/13/2010 2:18:54 PM
From: heinz442 Recommendations  Read Replies (1) | Respond to of 233807
 
needs a lower dollar to compete
Now that...is a double edged sword!!
and compete...what do they make that the world needs
They shut everything down years ago ,including giving away intellectual property
They went into the business of $$ creation and manipulation/creation of monetary instruments when analyzed are found to have no real value
It will get worse



To: Rocket Red who wrote (59223)11/13/2010 2:20:53 PM
From: Proud Deplorable1 Recommendation  Respond to of 233807
 
The USA has no real exports. Even Harley Davidson has just deserted the sinking ship and is going to make bikes in India. Even if they lower the dollar 10 times what it is now it would take 10 years for the USA to recover its markets.

I guarantee you one thing. China is not going to do what the USA wants come hell or high water. China and other creditors are finished financing American wars.
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