[quote="Dr. Moranus"]PRY, stick to the topic you started, which is about scapegoating.

[size=200]笨蛋, [/size]what part of this you don't understand [quote="Dr. No"][size=109][color=red]old fart,

your scapegoating the QE2 / Obama policies is no different than


Americans scapegoating China for
manipulating its currency aginst the USD[/color][/size]

[quote="temuchin"]

[size=109]Moranus once again you have problem with simple English. [color=red] Pryuen hasn't BLAMED QE2 for the recession or anything. He has simply said QE2 hasn't done what YOU claim it's done.

YOU are the one who claims QE2 has fixed the economy and created jobs. [/color][/size]

[quote="temuchin"]

[size=109]Moranus once again you have problem with simple English. [color=red] Pryuen hasn't BLAMED QE2 for the recession or anything. He has simply said QE2 hasn't done what YOU claim it's done.

YOU are the one who claims QE2 has fixed the economy and created jobs. [/color][/size]

bashing china to gain political points, nothing new. But correct me if I'm wrong, japan has been manipulating their yen for a long long time. I mean they always prevent their currency from rising too strong against the greenbac/k so their sonys and hondas won't be too expensive for the americans to buy yet the US dont throw a hissy fit. This is a viscious cycle, jp and china need to escape the stranglehold of US market.

[size=117]
[color=red]The thing was the logic and rationale of this so-called Currency Exchange Rate Oversight Reform Act of 2011 is TOTALLY FVCKING WRONG.[/color]

[color=darkred]Does Uncle Sam [/color][color=red]REALLY THINKS/BELIEVES[/color] [color=darkred]as Senate Majority Leader Harry Reid and that woman Democrat Shelley Berkley so strongly advocated, [/color][color=red]by passing the currency manipulation act, Uncle Sam will immediately get 3 to 4 millions jobs back???

The LOGIC FLAW[/color] [color=darkred]for this Currency Exchange Rate Oversight Reform Act of 2011 and the real mistake of those supporting this proposed law directed at China is the[/color] [color=red]FALSE NOTION [/color][color=darkred]that there is a fixed number of jobs. Supposedly either the Chinese or the US gets those jobs. [/color] [color=red]But that is TOTALLY WRONG.[/color]

[color=darkred]Even if the Act is passed, Chinese government will still be subsidizing its industries for exports.

And even if heavier and punitive tariff would be levied on Chinese goods, it just meant[/color] [color=red] those additional tax burdens would be transferred to the end consumers, and the Amercians themselves suffer as they will have to pay MUCH MORE to buy those goods from China[/color] [color=darkred]which will furhter dampen consumer spendings, and make life more difficult for the common masses.

Has Uncle Sam realized that the core reason for their current unemployment/under employment issues does not lie in the Chinese currency manipulation??? [/color][color=red]It was due to Uncle Sam themselves is suffering structural unemployment:[/color] [color=darkred]alot of their big multinational companies are out-sourcing their jobs to China and other low labor countries; and there is a severe lack of aggregate demand and low consumer spendings that had made life difficult for small businesses to expand and hire. [/color]

[color=red]Does Uncle Sam REALLY believe they can compete with China [/color][color=darkred]in manufacturing of those low-end daily and household necessities: such as furniture, toys, stationaries, clothings, footwear, electrical appliances products ???[/color]

[color=red]Well, this new law OBVIOUSLY seems like an easy way out to shift the blame to China. But to SIGNIFICANTLY change the job employment situation???? NO WAY. [/color][color=darkred]US corporations will still outsource somewhere else instead of China: India, Vietnam, Cambodia, Mexico, Brazil etc. etc. etc. [/color]

[color=red]The BOTTOMLINE is the Americans will still be in the SAME DEEP SH!!!!!!!!!!!!T, and maybe EVEN WORST, having to pay MORE to buy goods from China.[/color][/size]

[quote="temuchin"]
This is manifestly retarded statement. Here's just a couple ways QE and China's monetary policy are different.


7) QE is blamed by AMERICAN economists and investors for screwing over the US economy

one other point is that the jobs "created by reducing chinese goods" would just go to other countries rather than the united states unless they tax all imports from all other countries with cheap labors...

[quote="temuchin"] Pryuen hasn't BLAMED QE2 for the recession or anything.

[quote="Dr. Moranus"]
the PRY was referring to the scagpgoating of China. i pointed out that he also is scapegoaing QE2 and Obama.

the topic is about [color=darkred]scapegorating[/color], it is just too bad that you're too stupid to understand that

[quote="temuchin"][quote="Dr. Moranus"]
the PRY was referring to the scagpgoating of China. i pointed out that he also is scapegoaing QE2 and Obama.

the topic is about [color=darkred]scapegorating[/color], it is just too bad that you're too stupid to understand that