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concerning the US economy: it will get worse, if this policy ain't stopped:
1. your selling your country by the low dollar, foreign companies will become richer and buy yours
2. your trade deficit with China is huge, cheap products coming in and unable to sell something in China, till now these were factory jobs, the US looses this way. But now a lot of companies, also from the States, are relocating their higher paid jobs their, why pay someone with a MBA so much money, if you can employ one in China for pennies.
3. on top of the deficit, your government loans heavily from China, yes from the bad communists (in my mind they're in no way communists, but hey that's my opinion), your paying double, they just lend you back the money you poured into their economy.
Sad that you have to lend fom countries as China
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