Originally Posted by irfubar
Kingston,
The premise of that article I disagree with. They claim China has a much larger trade with the US than Russia, that is true but it is not beneficial for China due to our economic advantage posed by the reserve currency. I believe they would rather enrich their own population enough to have them buying Chinese goods, along with a billion or two Indian's.
Russia has energy to sell to fuel this growth.
If they could empower east Asia's population economically they will not need the West and it's punitive and manipulated reserve currency and USD.
They actually work hard and produce value. We produce dollars. Hard commodities are playing out to be the near term store of value and those commodities should have value over fiat.


This isn't a speculative argument by some outside academic. This piece is wholly sanctioned by the Chinese Communist Party. It's a communiqué delivered by a Chinese operative. Literally.


Originally Posted by 16penny
If you put Taco Bell sauce in your ramen noodles it tastes just like poverty