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Old 08-12-2019, 09:09 PM   #3113
petegz28 petegz28 is online now
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Join Date: Feb 2005
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Quote:
Originally Posted by DaFace View Post
To take that a bit further, China is weird because they don't have a free economy, so they can literally determine what the currency's value is. They do it because it makes pretty much everything they export cheaper to outsiders.
The dirty secret is Chine NEEDS US $'s. They are hurting and companies are moving out of there for places like Vietnam. Talking heads that think they know everything say China is just waiting out Trump when in reality a Democrat like Elizabeth Warren would probably be even harder on China. China's only hope in that scenario is Joe Biden and that's unlikely.

If China would just agree to quit stealing our IP things would probably go back to the way they were for the most part.
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