Comments by "Tom Golden" (@tomgolden1673) on "John Kerry is a dangerous person: Rep. James Comer" video.
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My neighbor gives me his New York Times to read,he's a democrat and I am a republican,we always have healthy discussions without getting hostile,I read the opinion page all the time,Today's article",CHINA KEEPS PROVING FINANCIAL DOOMSAYERS WRONG."
MY neighbor takes the position China is good example of communist China's experiment,
I take a stand against China's State run
markets
My first volley in our discussion,if the United States didn't buy 600 billion dollars of China's products the doomsayers would be proven correct,
In order for Communist China to evade a financial collapse,we,the United States would have to stop buying communist China's products, so I said," China's growth has been fueled by the American appetite for China's products this has created China's wealth effect,and the compound interest resulting by China's 6 trillion dollar surpluses has anchored many financial crises predicted to lead to a financial meltdown
,these moments never materialize,you would thunk if the Evergreen Crises didn't collapse under China's 300 billion dollar debt crises,instead nothing happened,Why?, I think Communist China has banked these surpluses mainly because the United States purchases have anchored the one thing communism needs ,other people's money and as long as we're purchasing 600 to 700 billion dollars every year China's communist system isn't going to collapse anytime soon.
China's regulatory troubleshooters kind of know this and the grumblings of the United States citizens calling to decouple has the troubleshooters moving to place more economic eggs in the communist economic basket to bolster any United States decoupling that is coming.China's recent deals are just such efforts,China just isn't waiting for the decoupling process to begin,China is planning ahead once again,What is Congress doing and what is the president doing to decouple ?
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