How much did China make this Xmas? I notice there is not much made
in the US today. Most of it is made in China. So by buying all those Xmas presents, China gets a big infusion of cash. And unlike the US companies, the items were not bought on sale. They were imported months ago at the regular wholesale price and are non-returnable if not bought.
they wouldn't want retuerning to their shores anyway. It's a bunch of cheap distractions from the real problems we face like people unable to afford healthcare, housing, and other basic things we used to take for granted.
they loan us tons of money so that we will continue to be a market for the crap they make. As worldwide markets develop for them I look for them to begin cutting off the money supply. Then its third world status for us f we don't wake up.
3. I talked to one of my Chinese business owners..
He said about 6 months ago that the companies in China don't want US dollars when he orders from them. They prefer Euros. He said they'll take US dollars fine but they give him hell when he orders.
4. Wow. That is really bad news. If Chinese companies don't like the
dollar, that means - to me at least - there is a whole lot more going on that we don't know about and probably would be very upset if we knew. These clowns in the White House are going to bring this country down, aren't they.
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