Comments by "AQuietNight" (@AQuietNight) on "" video.

  1. You don't pay attention to the economics, you will pay for it through the politics.
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  2. When Americans were buying primarily American made goods, those were considered good times and the economy grew. Problems began when we started buying cheap Asian stuff. If China wants to take it toys home and leave the American market, U.S. companies will start picking up on making many of those lost goods.
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  3.  @vanhocwong6689  "That's an illusion" It was a reality and China wasn't needed for it. Two things: China sits on it's currency, the U.S. protects the value of it's currency. The U.S. should allow the dollar to drop in value. Actually, Europe should do it too with the Euro. In the world of tomorrow holding a high value currency is like fighting with 1 hand tied behind your back.
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  4. Well thought, something not done often enough.
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  5.  @bubba842  This presumes customer choices had nothing to do with it.
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  6.  @vanhocwong6689  The Swiss Franc is worth half of a U.S. Dollar. The Swiss still eat well. High end manufacturing over time becomes about as valuable as low end because it becomes a commodity product (think televisions, integrated circuits). High is very good to have but some low end is needed to keep the less skilled and those who were never gifted with the talents to do high end work. I'd rather have the Chinese get the reserve currency status and then watch as the reserve currency higher value slowly drags down the Chinese economy.
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  7. China would take a severe hit if the U.S. stopped by buying Chinese. The U.S. trade deficit with China is huge and represents millions of jobs in China. If China does 50% of manufacturing, the rest of the world will be dealing with the scraps, the left overs, the jobs China doesn't want. And China will be setting wage floors around the globe.
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  8. Like on Twitter... some of these guys go to China and they start losing all perspective.
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