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What Does China Export?:
China does a lot of manufacturing for foreign companies, including U.S. companies. The raw materials are shipped to China, where factory workers build the final products and ship them back to the U.S. In this way, a lot of China's exports are really for American companies for American consumers. China primarily exports electrical and other types of machinery, especially computers and data processing equipment, as well as optical and medical equipment. It also exports apparel, fabric and textiles. It imports raw commodities from Latin America and Africa, such as oil and other fuels, metal ores, plastics and organic chemicals.
Originally posted by beezzer
It's the politicians that have screwed it up.
Republicans, democrats they have all screwed it up.
We need someone in government with the stones to keep their hands off of private business, private lives, and people in general.
Originally posted by KeliOnyx
Wow such a simplistic analysis, I bet your the top of your class. The US dollar is the world's reserve currency which basically means virtually every country uses it to back their currency. So yes if the US dollar collapses every other currency will then collapse. The reason other currencies gain with a weaker dollar is because they can buy more of them. So yes for them a weaker dollar is a good thing, but a collapsed dollar becomes a bad thing very quickly.
China’s yuan is just two years away from becoming a global trade currency.
All right so you have massive fraud driving this crisis, hyperinflating the bubble, an FBI warning and how many criminal referrals did the same agency do, in this crisis. Remember it did well over 10,000 in the prior crisis. Well the answer is zero. They completely shut down making criminal referrals and whichever administration you hate the most, you can hate because while most of this certainly occurred in the Bush Administration, the Obama Administration has obviously not changed it. Obviously did not see it as a priority to prosecute these elite criminals who caused this devastating injury.