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Old 02-03-2010, 12:44 PM   #1
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Default Does Obama screw Chineses?

On China, Obama says US must address currency rates | Reuters

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"One of the challenges that we've got to address internationally is currency rates and how they match up to make sure that our ... goods are not artificially inflated in price and their goods are artificially deflated in price," Obama told senators from his Democratic party.
1 USD = 99999999 Chinese currency? It's another way for Obama to tell Chinese that we won't give you high interest rate for your return from our debt even though we own you a lot of money.
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Old 02-03-2010, 03:11 PM   #2
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Default Re: Does Obama screw Chineses?

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Originally Posted by NEPatriot View Post

You mean does Obama screw the Chinese?

I don't think that's possible ... their economies of scale trounce ours.

It's what it's.

Hows do youz screws someones overs who keeps yours countrys afloats.
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Old 02-03-2010, 04:38 PM   #3
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Default Re: Does Obama screw Chineses?

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Originally Posted by IcyPatriot View Post
You mean does Obama screw the Chinese?

I don't think that's possible ... their economies of scale trounce ours.

It's what it's.

Hows do youz screws someones overs who keeps yours countrys afloats.
How? When you have the ability to change the rate.
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Old 02-03-2010, 04:47 PM   #4
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Default Re: Does Obama screw Chineses?

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How? When you have the ability to change the rate.

So we change the rate ... and China will just sit there and take it.

Bottom line is we need them to finance our debt ... everything else goes from there.
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Old 02-03-2010, 05:37 PM   #5
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Default Re: Does Obama screw Chineses?

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1 USD = 99999999 Chinese currency?
What hat did you pull that out of?

1 U.S. dollar = 6.82598516 Chinese yuan.

Your fabrications are mindboggling sometimes.
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