All Posts Tagged With: "China"

The Great Sino-American Currency War

The economic relationship between the United States and China is often described as being “co-dependent.” The Chinese lend America money, and the Americans buy Chinese goods. If the Americans stopped buying Chinese goods, then people in China would lose their jobs, and if the Chinese stopped lending to America, then Americans couldn’t consume Chinese goods, and around and around as the story goes.

It is a complete mirage. Right now, the Chinese are dedicating a large portion of their economy (land, labor and capital) to produce cheap, depreciating consumer goods to sell to the United States. We pay for these goods with American dollars, and China’s domestic exporters have so far been happy to accept these dollars in exchange for their products.

These dollars flow …


Sometimes You Roll The Dice…

The Republican Party of Iowa (RPI) can be forgiven for taking a gamble on a big name casino owner like Donald Trump for their spring fundraiser… if you didn’t know, the star of The Apprentice, and one-time potential candidate for President, is the advertised main event for The Lincoln Dinner on June 10.  Now, with the Donald’s decision to put the breaks on any plans to run for President, the plans for June 10 are mired up a bit.

According to Casey Mills, spokesman for RPI, Trump is “reassessing” his plans to appear in Iowa.

You’d think that Matt Strawn would be reassessing the situation as well, no?  How much sense does it make to keep a candidate on the schedule who …


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