Wednesday, December 29, 2010

This is a signal that Wall Street needs to pay attention to. The Chinese are putting on the squeeze in a crucial export that the technology bound U.S. needs. Our heavy industry is mostly gone and we have tried to rely on electronic manufacturing to tide us through. The Chinese know this and now it has us by the little spheres, and they are going to squeeze and squeeze.Time to send over the drones. America can no longer afford price increases in their IPODS.We are accusing the Chinese pegging their yuan to US dollar, on the other hand, we keep printing money 24/7 non stop which is artificially devaluation the dollar. Our 'Quantitative Easing' policy is an irresponsible action to hurt the world economy just for our own gain!This is simply business, PERIOD they are going to raise this minerals by the barrell just like oil, and they will make billions more, we cant do that because all our resources are privatley owned not nationalized. 15 millions jobs lost so far and more if we dont start nationalizing our natural resources instead of havin the private market burry us with unemployement in exchange for cheap labor in China, India, and SKUS please mind your own business. It is the property of China. Just like OPEC, they can set the price, limits of export, and to whom it wants to export oil to other countries. Why cant China do the same? There is no place for double standards. By the way, if you want to buy more of these treasures from China, please pay more respect and stop whining and playing politics to China and stop using Tibet and Taiwan to play political games with China.

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