Why does the United States have to keep up trade with China?
So we can't make China mad, because our money that we spend comes from the bank of china credit card. How are they helping us pay off our debt? Also, the china military is getting to become very powerful, so it seems like an economic necessity to keep trading with them. There is a mutually assured dependency, meaning they need us to buy their goods to be wealthy, and we know they will not bomb their biggest customer. i need details to back this point up. there is also the humanitarian aspect. to be able to help improve their human rights violations, we need to have a good connection with them. how have we already helped them improve? what are the positive benefits to the united states economy?
Economics - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
The way they help us pay for our debt is that the Chinese government buys a large number of US Treasury. When the government doesn't have enough money to pay for the budget it has three choices. 1. Raise taxes, which are unpopular with people, especially in an election year. 2. Print more money, but the congress doesn't have the power too. The Federal Reserve is actually in charge of that and they don't print more money to help pay for a budget deficit because it would lead to hyperinflation They are also independent from congress . 3. Borrow from the public by issuing bonds. They issue bonds by the US Treasury. Anybody can buy them, for example US citizens, companies, the Federal Reserve, or foreign government like China. When they purchase our bonds they are helping us finance our deficit. They give us money and we give them IOUs. But in recent months the Chinese government has started to purchase other government bonds in order to diversify there holdings, decreasing the number of US Treasury bonds they are buying.
2 :
The US keeps trading with the Chinese because we are hooked on CHEAP imported items. Unfortunately our greed and consumerism made this situation happen! If we had been willing to pay for items that allowed for our own to survive, we would be a stronger nation.
3 :
There was a government decision, made in the 60's i believe, to engage China economically because that would facilitate their move to limited capitalism, and would entwine their economic interests with ours. The alternate course would have been to eventually go to war with them.
4 :
U.S.A doesn't have any choice
Monday, January 28, 2013
Monday, January 14, 2013
Is it possible to make money if you know company ......?
Is it possible to make money if you know company ......?
Is it possible to make money if you know company executives and businesmen in Japan, China, Hong Kong, South Korea, Singapore, Thailand, Brunei, Qatar, Kuwait and UAE ?
Investing - 0 Answers
Random Answers, Critics, Comments, Opinions :
1 :
It is possible to make money without knowing these people. Knowing them does not guarantee you will make money, either.
Is it possible to make money if you know company executives and businesmen in Japan, China, Hong Kong, South Korea, Singapore, Thailand, Brunei, Qatar, Kuwait and UAE ?
Investing - 0 Answers
Random Answers, Critics, Comments, Opinions :
1 :
It is possible to make money without knowing these people. Knowing them does not guarantee you will make money, either.
Monday, January 7, 2013
Who makes money when John Boehner ships your job to China?
Who makes money when John Boehner ships your job to China?
Politics - 7 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Who makes money when cap and trade sends all jobs to China/ Who is going to pay for everything if we all go on welfare like the liberals so we don't have to work?
2 :
He and 0bama split proceeds when 0bama sends jobs to India.
3 :
High taxes ship your jobs to China. The United States has the second highest corporate tax rate in the world, next to Japan and they are talking about lowering theirs. This country used to be the best place in the world to do business, now we are ranked about 30. If you want to create jobs you need a stable low tax environment that will attract investment. We actually compete with the rest of the world for investment. The same policies that are destroying the California economy and causing business to leave there and move to Texas are the exact same policies that liberals want on a National level.
4 :
China man? Add Toomey too. His voters last week can kiss their jobs goodbye! I can't believe that Toomey has a young baby! He looks like he's in his late 50s or 60s! Sheesh.
5 :
Forgetting that John Boehner is incapable of shipping any jobs to China and that his policies on lower corporate taxes are more likely to keep jobs in America rather than send them out, I would have to say that everyone benefits! Think about the Wal-Mart model. It comes into your town and drives all the "mom and pop" stores out of business. But now instead of paying $20 to get a roll of film developed you pay $5. You made money! On average a Wal-Mart adds about 20% to your purchase power. The same goes with shipping a job to China. That businessman (not congressman) that shipped that job overseas now makes a product cheaper and makes more money. He is able to expand his business and add jobs. Often that means looking for new ways to invest in America. I get that you are a political hack, but I thought I would give a reasoned answer.
6 :
Why don't you ask your beloved Labor Unions like the Teamsters or the UAW,I bet they could tell you they would rather have Jobs move to China rather than have their workers accept less pay raises.
7 :
I am gonna take a guess here... the chinese
Politics - 7 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Who makes money when cap and trade sends all jobs to China/ Who is going to pay for everything if we all go on welfare like the liberals so we don't have to work?
2 :
He and 0bama split proceeds when 0bama sends jobs to India.
3 :
High taxes ship your jobs to China. The United States has the second highest corporate tax rate in the world, next to Japan and they are talking about lowering theirs. This country used to be the best place in the world to do business, now we are ranked about 30. If you want to create jobs you need a stable low tax environment that will attract investment. We actually compete with the rest of the world for investment. The same policies that are destroying the California economy and causing business to leave there and move to Texas are the exact same policies that liberals want on a National level.
4 :
China man? Add Toomey too. His voters last week can kiss their jobs goodbye! I can't believe that Toomey has a young baby! He looks like he's in his late 50s or 60s! Sheesh.
5 :
Forgetting that John Boehner is incapable of shipping any jobs to China and that his policies on lower corporate taxes are more likely to keep jobs in America rather than send them out, I would have to say that everyone benefits! Think about the Wal-Mart model. It comes into your town and drives all the "mom and pop" stores out of business. But now instead of paying $20 to get a roll of film developed you pay $5. You made money! On average a Wal-Mart adds about 20% to your purchase power. The same goes with shipping a job to China. That businessman (not congressman) that shipped that job overseas now makes a product cheaper and makes more money. He is able to expand his business and add jobs. Often that means looking for new ways to invest in America. I get that you are a political hack, but I thought I would give a reasoned answer.
6 :
Why don't you ask your beloved Labor Unions like the Teamsters or the UAW,I bet they could tell you they would rather have Jobs move to China rather than have their workers accept less pay raises.
7 :
I am gonna take a guess here... the chinese
Tuesday, January 1, 2013
I was wondering why did dynasty's in china whenever it changes, they take all the old money?
I was wondering why did dynasty's in china whenever it changes, they take all the old money?
So my mom told me that in china, when dynasty changes they take all the people money and artifacts. Make people start a new life and have to work all over again. So why did they do this? my mom told me that before our family had alot of money, like bags full of paper money but the government taken them all away. plus i doubt everyone would know that they have to hide there money. she said they have to change the money because of a new government and the old money is no use.
History - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
gold is gold nothing was taken except what the old emperor had they couldn't get all the stuff the regular people had cause they would just hide it and melt it into something new. most of the time china didn't know of a change in government it was just too darn big. taxes are taxes are taxes no matter to whom we pay we just keep paying.
2 :
I think that your mother is confused. During the dynastic era, money was based on objects with intrinsic value. An example is gold. Gold can be melted down and recast, but the value is the same for the same weight in gold. If money was taken away from you, then unless you are 350 years old, then it was not in the dynastic era, as the last change in dynasty occurred in 1644 in China. In modern times, post dynastic, money is only worth the paper it is printed on, backed by the government. When the government falls, the money can become worthless. This occurred in the south, for example, during the civil war.
So my mom told me that in china, when dynasty changes they take all the people money and artifacts. Make people start a new life and have to work all over again. So why did they do this? my mom told me that before our family had alot of money, like bags full of paper money but the government taken them all away. plus i doubt everyone would know that they have to hide there money. she said they have to change the money because of a new government and the old money is no use.
History - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
gold is gold nothing was taken except what the old emperor had they couldn't get all the stuff the regular people had cause they would just hide it and melt it into something new. most of the time china didn't know of a change in government it was just too darn big. taxes are taxes are taxes no matter to whom we pay we just keep paying.
2 :
I think that your mother is confused. During the dynastic era, money was based on objects with intrinsic value. An example is gold. Gold can be melted down and recast, but the value is the same for the same weight in gold. If money was taken away from you, then unless you are 350 years old, then it was not in the dynastic era, as the last change in dynasty occurred in 1644 in China. In modern times, post dynastic, money is only worth the paper it is printed on, backed by the government. When the government falls, the money can become worthless. This occurred in the south, for example, during the civil war.
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