fragmaster09 said:
emeraldrafael said:
I'm gonna guess Between china and America once America goes bankrupt. Though what China doesnt realize (and most of the world for that matter) is that China needs America far more then America needs china, so it wouldnt help either country.
LIES, china provides cheap labour for America, without it, America's financial collape would be sped up tenfold
Not really. America is perfectly capable of doing work for itself. the problem that stops (yet also helps) America is Unions and their power. They gained way back when in the 1800s once steel got huge,a nd its never really gone away. You get rid of a union, or at least make it more managble to contend with in the government, and America can get much more business back and wouldnt need China. Sure, shits going ot be expensive, but you're making a larger salary, and eventually you'll decrease the relevance of China and other foreign trade partners, shirnking the debt and making prices drop and giving more money to spend, ending in a surplus before it sinks back again to debt (which is how a free market works, constant ups and downs, cause if it was always up, something is going very wrong and that bubble is going to hurt when it pops).
China is actually more hurting itself. its bogging down the American market which has to mark up Chinese shit so American business can compete, but is hurting the national yuan (the Chinese currency), so much so that its inflation is hurting domestic market, and they're trying to raise its domestic value, which means raising trade prices (giving more incentive for America to drop cheap shitty chinese labor), meaning less trade partners cause the world still hasnt fucking righted its ship (and dont say the EU is good, cuase that doesnt count since thats a Continent as a collective whole, and individually the countries arent doing too well) and hurting China, while America continues to innovate (<url=http://www.escapistmagazine.com/news/view/111002-Detroit-Man-Discovers-Recipe-For-Stronger-Lighter-Steel>what with our new steel).